So we therefore deserve all these trade deficits?
Yes we do.
Once we made stuff here in America. Then our corporate overlords figured out it was cheaper to have the Japanese make our stuff for us. So we started exporting raw materials and importing finished goods.
Exporting raw materials abroad importing finished goods from abroad is what colonialism is all about. It brings great profits to the manufacturing country at the expense of the colony. But in the corporate globalized world the corporations take their share and quite a bit more.
How much of that overseas corporate money that Trump allowed those global corporate interests to repatriate is part of the trade imbalance?
But hey! Its OK! After all our corporate overlords own the majority of both houses of congress.
