So does a trade deficit mean fewer jobs? It depends on which force is more economically powerful: fewer jobs creating exports or investment dollars flowing into the country.
So which is it?
It depends on what the country does with the investment that comes in.
In theory, that money could go toward long-lasting investments with positive economic returns: new factories and equipment; education for the work force; and new roads and bridges, or repairs and improvements to existing ones.
It helps ensure that the United States can afford to finance [its] wars....