There are those who believe in their heart of hearts that trade deficits are bad, and acknowledge it unabashedly. In that same post, I reported on the record exports and record imports as well. There is no deficit of bias in how media reports on trade deficits, nor is there any deficit of bias in how most people think about them. Here are a few other ways to think about trade deficits. With another, we had a $19.76 billion deficit.

Source: Forbes March 19, 2019 09:33 UTC