Tag Archives: Trade Deficit

America’s Trade Deficits Are Destroying the Economy

tradewar

For almost four decades the U.S. has had a trade deficit with foreign nations. The U.S. trade deficit has caused millions of Americans to lose their jobs, it has devastated our manufacturing sector, and destroyed the American dream. In 2012, the U.S. bought $741 billion more goods than it sold.

What Is Wrong With Our Political Leaders? What Are They Thinking?

mcconnell

The United States has not witnessed a trade surplus since 1975, and since then trillions of dollars have been lost through trade deficits caused by “free trade” on our end. “Free trade” has essentially led to the most massive wealth transfer in the history of the world. That is why we as American citizens need to be alarmed when we hear our political leaders supporting free trade deals such as Senator Mitch McConnell. 

If We Develop Clean Energy, We Will Reduce Our Trade Deficit

Green Clean Energy

The United States imports much of our gasoline from foreign countries — specifically Canada and Mexico via “free trade” agreements. However, we also import oil from more dangerous countries like Syria, Algeria, Chad, Saudi Arabia, the Democratic Republic of the Congo, Iraq, Mauritania, Columbia, Nigeria, and Pakistan.

The World Trade Organization Is Destroying U.S. Sovereignty

WTO

For almost two decades the U.S. has been living with the results of joining the World Trade Organization(WTO). The WTO is a self-serving and undemocratic organization that operates outside of our control. The U.S. Constitution states that all treaties made under the authority of the United States become supreme law of the land (Article VI). When our government signed the WTO treaty, unbeknownst to most Americans – including our legislators – our sovereignty was given away.

“Free Trade” Equals Cheap Goods and Few American Jobs

China Outsourcing Unemployment Imports

Unfortunately for us, many of our “free trade” agreements have resulted in closed factories, soaring unemployment, and some communities engulfed in misery.

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