Jason Riley: The Trump Admin View Trade Deficits as a Bad Thing, But It’s ‘Not the Best Measure’ Whether a Country Is Doing Well

RUSH TRANSCRIPT GIGOT Jason ░░░░░░░░ the tax bill is ░░░░░░░░ important this time This ░░░░░░░░ tariff and tax increases ░░░░░░░░ have a dampening effect ░░░░░░░░ growth Subversives would have ░░░░░░░░ 2017 has a modest ░░░░░░░░ Riley But the regulatory ░░░░░░░░ to help offset some ░░░░░░░░ the damage of the ░░░░░░░░ in the first term ░░░░░░░░ problem here are a ░░░░░░░░ thing Not the best ░░░░░░░░ of other countries doing ░░░░░░░░ It should be measured ░░░░░░░░ the growth productivity wage ░░░░░░░░ and so forth It ░░░░░░░░ a bad measure to ░░░░░░░░ but we have a ░░░░░░░░ House it s obsessed ░░░░░░░░ this GIGOT You think ░░░░░░░░ forgot every lesson from ░░░░░░░░ Reagan years O GRADY ░░░░░░░░ Paul Laughter Something is ░░░░░░░░ short if they do ░░░░░░░░ clean up their act ░░░░░░░░ 2026 the going to ░░░░░░░░ a lot of trouble.”