Why America will soon hurt worse….


Imports are killing us, and consumerism will be our downfall. Big business and politicians want us to ignore the trade deficits and open all forms of trade, and all borders. This would be good for big business, but bad for the average middle-class and below American citizen. Let’s look at some numbers:

Chart of Trade Deficit

Now having read this I would like to illustrate what is actually happening. We, as Americans, are shopping at Wal-Mart, Old Navy, etc. and those establishments are getting their products they offer from countries other than the United States. The money for these products leaves the country to pay their producers. I know this seems basic and too spelled out, but stay with me here. Most other countries aren’t buying as much of our goods and services that we offer. Now think of each country as a person, one individual. If this individual is spending more than they make, what happens is massive debt. When this person isn’t earning enough money to payoff this debt, more debt is incurred. Now this guy stands here just buying, and not selling enough to keep up with his purchases, he will be financially ruined soon.

My point is that the U.S. needs to keep its money here. At least on the labor side, if not on the good side also. Though it is more expensive, when you buy American, you keep the money here. This needs to be taken seriously. You cannot borrow your way out of debt, and you cannot have a superior economy, if you wholly include inferior economies. A one-world economy will average out eventually, which means the U.S. economy and Britains economy will only go down.

All businessmen and politicians should look this at hard. This has been my two cents.

Snappy