Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: 1rudeboy

One of the primary reasons USA is where it is today...

Somehow USA sending huge swaths of its wealth to other nations, many of them our enemies, has no effect on our tax revenue. How could this be? Almost nothing is made here. A proper middle class earns from manufacturing. Nearly every middle class job in manufacturing has moved to China, Korea.

Now we are actually in the position of USG borrowing (more) money, some from China, in order to protect USA from China. All the while USA is encouraged by many, to continue to spend the majority of their income on Chinese products. Those purchases _fund_ Chinese military growth and reduce our tax base. Repeat until it all comes crashing down into a huge pile of stupid.

Yup, we have some real problems and some posters herein are part of them....


32 posted on 11/27/2012 9:03:20 AM PST by veracious
[ Post Reply | Private Reply | To 17 | View Replies ]


To: veracious
Tax revenue rises, tax revenue falls. Yet our government manages to spend $1.40 for every $1.00 it receives, regardless.

You are correct, some posters have a problem . . . failure to understand the above is a big part.

33 posted on 11/27/2012 9:07:21 AM PST by 1rudeboy
[ Post Reply | Private Reply | To 32 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson