Politicians often warn us about the problems of the US having a trade deficit. For this discussion, cordially debate whether the US should be concerned about our trade deficit.

For your initial post, first discuss how the balance of payments can influence exchange rates and purchasing power. Then take a position either for or against trade deficits. In your position, address the pros and cons of the U.S. trade deficits. There are many supplemental resources available to assist you with this debate.