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Cato Video • April 1, 2011 

# Donald Boudreaux discussing why we needn’t fear the trade deficit. 

Donald J. Boudreaux is a Professor of Economics at George Mason University and an Adjunct Scholar at the Cato Institute. At a Cato Hill Briefing on March 24, 2011, he argued that the U.S. trade deficit is less of a problem than many people might believe. He said that trade deficits are prime indicators of foreign investment in a country, which will inevitably lead to wage and standard of living increases. 

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##### [Donald J. Boudreaux](/people/donald-boudreaux)

Adjunct Scholar