America's trade deficit wasn't always a jobs killer -- but now it is

Justin Sullivan/Getty Images Here is something that noted broken clock Donald Trump sort of gets right about our economy: These days, America's trade deficit is a jobs killer. This is not typically the case. Under normal circumstances, foreign trade is supposed to affect the types of jobs available to workers, not the number. There are a couple of reasons why. For starters, whatever money flows out of the U.S. thanks to our import tab eventually comes back to us as investment; after all, countri...