Here’s a letter to Yahoo!News. (I thank Dan Polsby for alerting me to this news report.)
Editor:
You report that “Saudi Arabia plans $600 billion in new US investment” (January 22). Don’t tell President Trump! If the Saudis follow through, one result will be that the U.S. trade deficit will be larger by $600 billion – and we know how deeply the president believes that U.S. trade deficits are evidence that foreign countries are raping America economically.
Sincerely,
Donald J. Boudreaux
Professor of Economics
and
artha and Nelson Getchell Chair for the Study of Free Market Capitalism at the Mercatus Center
George Mason University
Fairfax, VA 22030
