America has gone from a prosperous, productive, self-sufficient country thirty-five years ago to a much less productive, heavily indebted country, dependent on imports and debt to maintain our present standard of living. We now have massive trade deficits and national debt.
Tag Archives: China
There is no hiding the fact that we are a consumer nation. Americans consume more than they produce. The average person spent about $407.23 on Black Friday last year. In total, $57.4 billion dollars was spent in 2013. That number is actually 2 billion less than the year before. These numbers are staggering and should actually be boosting our local and national economy. Why isn’t it? Because most of the items that we are purchasing are imported goods from other countries, making our dollars leave our shores and go overseas.
The United States is facing an economic disaster only a few nations have ever experienced. A silent economic war has been declared on America, a war that has destroyed a major part of our economy. Most Americans are unaware of this war. We have opened our shores and our markets with “free trade,” a proven disaster in the modern international economy.
Many people’s favorite time of the year is just around the corner. It is time for fun, festivities and let’s not forget good food. During our time spent with our family, the last thing on our minds is a tragic event occurring. We forget about the ebola pandemonium and finally get a chance to not have to deal with the fact that 80 year old, mass murderer Charles Manson is marrying a 26 year old. Our guards are down while we are happily grocery shopping.