Posted on 08/05/2011 6:57:24 AM PDT by Cringing Negativism Network
There has been a lot of discussion recently about "the deficit".
As if, there is only one deficit. The discussion presumes a problem is only a problem, if it is about government.
Our (budget) deficit is about government, therefore liberal media and government types - who really only ever want to speak about themselves - focus on the budget deficit.
Our trade deficit.
It is co-dependent on the loss of US manufacturing, and walks hand in hand, with rising unemployment.
It is the force behind rising Chinese power. And declining US power.
The trade deficit.
Yet. Neither party, dares mention it.
It not that we don't make enough things, it that we buy too much foreign oil
The US leads the world in manufacturing output....the US leads the world in exports... the US leads the world in imports...the US leads the world in advanced technology manufacturing and exports... what exactly are you trying to say????
To start with, I would disagree with every one of your unsupported claims except that we lead the world in IMPORTS.
You have that one spot on.
I’ve always thought the numbers were skewed by airplanes or something. For sure the number don’t agree with what I see at a department store, except for imports...hehe
You have made the initial unsupported claims....emerging asia (china, vietnam, etc) combined only rate #4, with germany ranked 3rd, and japan ranked 2nd in combined economy(imports and exports) with the good ol’ USofA leading the way...you might wanna find out some of those there pesky old facts before spouting your anti free trade rhetoric
A pesky fact for you, “free trade” zombie:
China leads America in technology exports (that happened several years ago now) ... and the trend is worsening every day.
Tell you what.
Turn your computer over, and share with readers where it was made.
industrial buildings are for lease by the legion where i live.
california regs and taxes drove them out.
Our trade deficit is caused by cheap (slave labor) chinese goods.....
That’s why I don’t shop at Wal-Mart!
I would rather pay more and shop at stores that are not loaded with chinese products, BUY American!
The trade deficient is financed by our cheap credit policies backed by the government and government spending.
If you let the economy float like it is supposed to, the economy would have reacted a long time ago.
If you had a choice of a Chinese item for 10 dollars vs a US one for 14, you are going to care more about quality.
But this discussion is about exports and manufacturing power - making things here and selling them abroad. Manufacturing has been the source - the Fountainhead, if you will - of national power and wealth for centuries. The US was the world's leading exporter for almost a century.
Not any more.
According to the CIA Factbook, we are now #4, ranked after the European Union, China and Germany.
https://www.cia.gov/library/publications/the-world-factbook/rankorder/2078rank.html
As Chinese manufacturing eclipses ours, so does its ability to build, maintain and deploy increasingly powerful and adanced military forces. Meanwhile the US is going the way of Great Britain, mired in debt and slipping in power and influence. Chinese money is all over Africa and South America and even Europe. Other countries see the trend and know the momentum is away from America.
Free trade isn't the only reason this is happening (unions, taxes and regulation hurt us too), but free trade has made it possible for China to enrich itself at America's expense. Time to change that.
The US leads the world in manufacturing output....the US leads the world in exports... the US leads the world in imports...the US leads the world in advanced technology manufacturing and exports... what exactly are you trying to say????
More Imports than Exports = Deficit = Our collapsed job economy = our recession = no recovery until we make more of what we import.
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