trade deficit

This article is an oldie but a goodie. It explains why trade deficits and government budget deficits aren't very good indicators of the health of an economy. The title of the article, which I used as-is for the thread, is bit of an exaggeration. It's not that these deficits don't matter at all...

Link I admit that I likely do not understand the issue as well as others, so keep that in mind if you choose to respond to this question: Isn't this a bit hypocritical when other countries are accusing our government of unfair practices in the subsidies that our farmers receive, which is a...