IT'S JUST A SMALLER PERCENTAGE OF A LARGER ECONOMY IN WHICH OTHER INDUSTRIES ARE GROWING FASTER. IN CONSTANT DOLLARS, IT IS GROWING - AND HAS SINCE... 1965.
The anti-trade, anti-globalization crowd would like you to believe we need tariff and quotas to save the US economy and that we need to reduce the so-called "foreign trade deficit."
We're doing fine!
WANNA HAVE THE US ECONOMY DO BETTER?