This is one of the reasons people talk about foreign aid with usaid, which I'm against a lot of this stuff going on, but it pales in comparison to what we're underwriting for countries that were upside down on every trade deal. Our trade deficit in I think in January alone was a record trade deficit. I think it was $100 billion. So not just that we have budget deficits, we have trade deficits and kind of inextricably linked because we've gutted all the manufacturing jobs, we've offshored those. (27:17–27:24)
CLAIM
Asserts that the U.S. had a record trade deficit of $100 billion in January.
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