Trade Deficits And Surpluses Mean Nothing. It's Fiscal Failure That Wrecks Economies
Chronic deficits expose a political crisis, not a trade problem
By Frontier Centre for Public Policy -- Ian Madsen—— Bio and Archives--March 12, 2025
Canadian News, Opinion | Comments | Back To Full Article
Frontier Centre for Public Policy
Lost amid the clamour and drama over trade, tariffs and industrial policy—particularly the controversy over potentially punitive duties on (now paused) Canadian exports to the United States—is the unsatisfying truth about trade deficits and surpluses: neither one is necessarily ‘good’ nor ‘bad.’ Sometimes, their effects or significance can even be the reverse of conventional wisdom.
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