re: America's greatest enemy is debt--

While you are correct our debt has little to do with trade, the market demand for our debt is influenced by debt. When dollars leave the country they eventually find their way back or are held by foreign central banks. What countries often do that have large trade deficits with the USA---meaning they sell a lot more stuff to us than we do to them is buy our debt. The demand for our debt keeps prices high meaning the yields are lower and our interest cost less.

Countries that do buy more from us than we sell to them are not US debt buyers of consequence unless they have some other motivation to hold US debt instruments.

So in regards to trade--deficits do make our debt more in demand.

Our debt is a spending issue and not a tax issue. The rich pay virtually all the tax.