trade deficits are a failure. the u.s. trade deficit last year was the worst in a decade $621 billion. the overall deficit in goods 891 billion. th the president detests trade deficits. he simplistically sees them as losing money to the trading partners. yet the trade deficit has swelled to way more than $100 billion. that 77% surge in the budget deficit in the first four months of the year. 310 billion. tax revenue down about 1.5% over the past 12 months. larry kudlow down played those numbers. we are making an investment in america s future.