Declinism Gets Free-Traded

Gisele Bundchen and Pat Buchanan are at it again whining about America "living beyond her means" because of trade deficits (an oxymoron) and the presently-weakened dollar. We've been down this road before and the dollar inevitably bounces back. Free trade has manifest plusses and its minuses can be mitigated and it adds up to that America remains in very good shape.