Yes, the budget deficit is huge and stupid. The trade deficit is not a budget deficit.
How is it different with a nation?
Well, our nation will make about $20 trillion in GDP this year. How do you figure we're spending more than we make?
“Well, our nation will make about $20 trillion in GDP this year. How do you figure we’re spending more than we make?”
You’re arguing with a straw man here. I’m challenging the assertion that trade deficits are not relevant. Of course they’re relevant. They’re part of doing the math. Do the math.