The US Has Been Running a Huge Trade Deficit for Years: How Can This Happen Without the Dollar Weakening?May 8th, 2017 | © Elliott R. Morss, Ph.D.
The US runs a large trade deficit. How can it without the dollar weakening? Several factors are at work.
Eisenhower warned about the power of the military-industrial complex. The warning was not heeded. The result has been wasteful wars with death and destruction. It has also resulted in a very healthy military industry.