BREAKING New Trump Tweet Attack Against Germany

President Trump sent this tweet out this morning:

We have a MASSIVE trade deficit with Germany, plus they pay FAR LESS than they should on NATO & military. Very bad for U.S. This will change

— Donald J. Trump (@realDonaldTrump) May 30, 2017

The US should, of course, just get out of NATO. It is a relic of the horrific cold war.

But most alarming is Trump's attack on Germany's trade deficit. It continues to indicate Trump's failure to understand comparative advantage and the basics of trade economics.

As Murray Rothbard put it, trade deficits don't matter.



 -RW