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“Bilateral trade deficits are not evil; historically, better growth in the U.S. economy has led to larger trade deficits.” quote by Neil Bush
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“Bilateral trade deficits are not evil; historically, better growth in the U.S. economy has led to larger trade deficits.”

Neil Bush

About This Quote

Trade deficits can accompany strong economic growth, not inherently negative.

In simple terms: Deficits can reflect growth.

Key Takeaway

Don’t fear deficits.

Themes

economics trade growth

Mood

analytical neutral

Type

economic policy

When to use this quote

  • policy analysis
  • business strategy
  • investment decisions

Key Concepts

trade balance economic policy

Questions to Reflect On

  • How to balance trade and growth?
  • What policies help?
A Different Perspective

Deficits may signal underlying issues.

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