patrick.net

The Budget Deficit and the Trade Deficit are linked.

All the imported finished goods are absent factories that if it was made in the USA, would have paid property taxes, their workers income taxes, their shipping supplies in and shipping product out more in gas and vehicle taxes, the company corporate taxes, and all the contractors and subcontractors paying business and income taxes for themselves and their employees.

More jobs is less welfare, higher home prices, better neighborhoods, social cohesion and a ton of other benefits that are indirect and harder to measure.

Yes, absent special intrusion in trade, the tax break, and extra gov spending are likely to result in a bigger trade deficit, profiting other countries.

It's American trade deficits that financed the economies of Japan, Germany, South Korea, Taiwan, Saudi Arabia, and China.

Don't forget Mexico and Canada!