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
‘It should be measured on the growth, productivity, wage increases and so forth’
RUSH EXCERPT:
RILEY: "But the regulatory effort to help offset some of the damage of the tariff in the first term. The problem here are a bad thing. Not the best measure of other countries doing well. It should be measured on the growth, productivity wage increases and so forth. It’s a bad measure to use but we have a White House it’s obsessed with this."
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