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There is another, very destructive 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.

1 posted on 08/05/2011 6:57:25 AM PDT by Cringing Negativism Network
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To: Cringing Negativism Network
Our trade deficit could be almost complete erased by a policy of energy independence.

It not that we don't make enough things, it that we buy too much foreign oil

2 posted on 08/05/2011 7:09:21 AM PDT by MNJohnnie (Giving politicians more tax money is like giving addicts free drugs to cure their addiction)
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To: Cringing Negativism Network

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????


3 posted on 08/05/2011 7:14:46 AM PDT by joe fonebone (Project Gunwalker, this will make watergate look like the warm up band......)
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To: Cringing Negativism Network

industrial buildings are for lease by the legion where i live.

california regs and taxes drove them out.


8 posted on 08/05/2011 7:45:59 AM PDT by ken21 (ruling class dem + rino progressives -- destroying america for 150 years.)
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To: Cringing Negativism Network

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!


9 posted on 08/05/2011 7:54:14 AM PDT by hapnHal (hapnHal)
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To: Cringing Negativism Network

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.


10 posted on 08/05/2011 7:58:19 AM PDT by dila813
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