a trade deficit means we're buying more outside goods than we're exporting domestic goods....how is that good for the economy? money is leaving the country, and that makes the dollar weaker...again, how is this good for the economy?
now it costs us even more to import products, and we receive less for the products we export...good for the economy?
investors notice the decline in domestic spending, and stop investing....domestically. they start investing in foreign markets...good for the economy? lack of investment in domestic business hurts the stock market...good for the economy?