What the U.S. can Learn From Germany
by Craig Harrington on March 19, 2010 - 10:00am
The following is part eight of a 30 minute interview with Eamonn Fingleton.
Award winning author and economist Eamonn Fingleton discusses how the German economy operates in comparison to the U.S.
Click here to watch the entire video.
Eamonn Fingleton is the author of In the Jaws of the Dragon: America’s Fate in the Coming Era of Chinese Hegemony and In Praise of Hard Industries.

This Work, What the U.S. can Learn From Germany , by Craig Harrington is licensed under a Creative Commons Attribution-No Derivative Works license.
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WHY IS IT HARRY DINGEY THE ONLY PERSON IN AMERICA TO FIGURE THIS OUT?
Make no mistake about it the International Trade Deficit must be balanced if America is to SURVIVE. There is only three ways to correct this humongous Trade Imbalance.
1. Increase the American Exports by $450.6 Billion Dollars per year. This is absolutely impossible.
or
2. Decrease the American Imports by $450.6 Billion Dollars per year. Then manufacture the merchandise in America.
or
3. Pull out of NAFTA and the WTO. Then Close the Largest Consumer Market in the World to all Imports. Do not worry about Exports and this will create well over 15.02 million Jobs instantly and maybe ever more.
I am suggesting we do number three. This will be done by the new American Congress to be elected in November 2010 and will automatically bring the large American Manufactured Goods Trade Deficit into BALANCE almost over night.
Where Exports + Imports = a Balance of ZERO.
Here is exactly what would happen. Toyota of Japan would be forced to totally manufacture in America, every car sold in America.
Every item sold in every store in America would be required to be manufactured right here in America. America would be swimming in newly Created Jobs almost over night.
I can remember this large sign posted in Wal-Mart: “EVERYTHING SOLD IN THIS STORE WAS MADE IN AMERICA”.
Sam Walton said: “Everything sold in all Wal-Mart stores will be made in America”.
I CAN CREATE 15 MILLION JOBS ALMOST OVER NIGHT right here in America !!!
Here is my Job creation Computations:
+++++++++++++++++++++++++++++++++++++++++++++++++
Total USA Imports in 2006:
----------------------------------
$ 2,211.7 billion ----- Total Imports.
$ - 309.4 billion minus -(Money spent on Imported Crude Oil)
--------------------------------------------------
$ 1,902.3 billion / 30 billion=63.41 million jobs lost from Imports.
==================================================
Total USA Exports in 2006:
----------------------------------
$ 1,451.7 Billion / 30 billion=48.39 million jobs America Created from Exports.
If USA Pulls out of NAFTA and WTO right now:
USA would absolutely gain a total of 63.41 million Jobs by Manufacturing all IMPORTS right here in the USA.
So, 63.41 minus 48.39 = 15.02 million NET JOBS GAIN. But, a lot of Exports must be purchased in the USA. That would mean an even larger number of jobs created in America than I have estimated.
Also, I should note that I have subtracted out the $309.4 billion dollars that America spent on Import Crude Oil in 2006. This is another problem that must be solved later.
My calculation means an ABSOLUTE 15.02 million Jobs gained if the rest of the world did not buy even one penny of USA EXPORTS.
SO MOTE IT BE. . . . .
Do you truly want to help straighten out the United States Government now? Then, copy and post this article everyplace on the Internet you can post.
BY: Harry Dingey
Have a good day my friends.
I learned a long time ago in order to solve any problem; the problem must first be properly defined.
Most people make the mistake of wanting to solve the symptoms and totally over look the real problem.
As an Industrial Engineer the first thing I was taught, was to cut all of the fat away and concentrate on the main Problem.
Here is the Logic I used.
The main Problem is America must start creating Jobs ASAP.
The Idea situation is to create a lot of jobs and do it without spending any money because America has no MONEY.
When I analyze the International Trade Numbers here is exactly what I found:
The International Trade Numbers for the year 2006.
America was creating 48.39 million jobs from Exports.
America was losing 63.41 million jobs from Imports.
This problem is very easy to SOLVE because the American Trade Deficits have become so humongous and out of balance.
America has absolutely no control on Exports Numbers.
America has Total Control of everything we Import into this Country. America has total control of whom and where these Imported products are made.
First you must know the America Consumer Market is the largest and the most profitable Market in the World.
I would just close the American Consumer Market to the entire World. Then tell the world America must balance our International Trade and starting today if you want to Sell your products in America then these products must be MADE in America.
America would absolutely create 63.41 million jobs by producing all the Imports right here is America almost over night.
I am sure we will not lose all of the 48.39 million jobs from Exports because there are many of these products can only be made in America.
So, based on my computations If America Pulls out of NAFTA and the WTO right now we will automatically CREATE well over (63.41-48.39=15.02) 15.02 Million JOBS, plus all of the Material Export JOBS that must be made in America.
Here is way I see it.
America has only one choice if we want to Survive as a Free Nation.
OR
Do we want lose everything including our whole country to Obama’s NEW WORLD ORDER?
We do have a Choice and the Choice is totally in the hands the American People.
May God have mercy on America.
I learned a long time ago in order to solve any problem; the problem must first be properly defined.
Most people make the mistake of wanting to solve the symptoms and totally over look the real problem.
As an Industrial Engineer the first thing I was taught, was to cut all of the fat away and concentrate on the main Problem.
Here is the Logic I used.
The main Problem is America must start creating Jobs ASAP.
The Idea situation is to create a lot of jobs and do it without spending any money because America has no MONEY.
When I analyze the International Trade Numbers here is exactly what I found:
The International Trade Numbers for the year 2006.
America was creating 48.39 million jobs from Exports.
America was losing 63.41 million jobs from Imports.
This problem is very easy to SOLVE because the American Trade Deficits have become so humongous and out of balance.
America has absolutely no control on Exports Numbers.
America has Total Control of everything we Import into this Country. America has total control of whom and where these Imported products are made.
First you must know the America Consumer Market is the largest and the most profitable Market in the World.
I would just close the American Consumer Market to the entire World. Then tell the world America must balance our International Trade and starting today if you want to Sell your products in America then these products must be MADE in America.
America would absolutely create 63.41 million jobs by producing all the Imports right here is America almost over night.
I am sure we will not lose all of the 48.39 million jobs from Exports because there are many of these products can only be made in America.
So, based on my computations If America Pulls out of NAFTA and the WTO right now we will automatically CREATE well over (63.41-48.39=15.02) 15.02 Million JOBS, plus all of the Material Export JOBS that must be made in America.
Here is way I see it.
America has only one choice if we want to Survive as a Free Nation.
OR
Do we want lose everything including our whole country to Obama’s NEW WORLD ORDER?
We do have a Choice and the Choice is totally in the hands the American People.
May God have mercy on America.
WHY IS IT HARRY DINGEY THE ONLY PERSON IN AMERICA TO FIGURE THIS OUT?
Make no mistake about it the International Trade Deficit must be balanced if America is to SURVIVE. There is only three ways to correct this humongous Trade Imbalance.
1. Increase the American Exports by $450.6 Billion Dollars per year. This is absolutely impossible.
or
2. Decrease the American Imports by $450.6 Billion Dollars per year. Then manufacture the merchandise in America.
or
3. Pull out of NAFTA and the WTO. Then Close the Largest Consumer Market in the World to all Imports. Do not worry about Exports and this will create well over 15.02 million Jobs instantly and maybe ever more.
I am suggesting we do number three. This will be done by the new American Congress to be elected in November 2010 and will automatically bring the large American Manufactured Goods Trade Deficit into BALANCE almost over night.
Where Exports + Imports = a Balance of ZERO.
Here is exactly what would happen. Toyota of Japan would be forced to totally manufacture in America, every car sold in America.
Every item sold in every store in America would be required to be manufactured right here in America. America would be swimming in newly Created Jobs almost over night.
I can remember this large sign posted in Wal-Mart: “EVERYTHING SOLD IN THIS STORE WAS MADE IN AMERICA”.
Sam Walton said: “Everything sold in all Wal-Mart stores will be made in America”.
I CAN CREATE 15 MILLION JOBS ALMOST OVER NIGHT right here in America !!!
Here is my Job creation Computations:
+++++++++++++++++++++++++++++++++++++++++++++++++
Total USA Imports in 2006:
----------------------------------
$ 2,211.7 billion ----- Total Imports.
$ - 309.4 billion minus -(Money spent on Imported Crude Oil)
--------------------------------------------------
$ 1,902.3 billion / 30 billion=63.41 million jobs lost from Imports.
==================================================
Total USA Exports in 2006:
----------------------------------
$ 1,451.7 Billion / 30 billion=48.39 million jobs America Created from Exports.
If USA Pulls out of NAFTA and WTO right now:
USA would absolutely gain a total of 63.41 million Jobs by Manufacturing all IMPORTS right here in the USA.
So, 63.41 minus 48.39 = 15.02 million NET JOBS GAIN. But, a lot of Exports must be purchased in the USA. That would mean an even larger number of jobs created in America than I have estimated.
Also, I should note that I have subtracted out the $309.4 billion dollars that America spent on Import Crude Oil in 2006. This is another problem that must be solved later.
My calculation means an ABSOLUTE 15.02 million Jobs gained if the rest of the world did not buy even one penny of USA EXPORTS.
SO MOTE IT BE. . . . .
Do you truly want to help straighten out the United States Government now? Then, copy and post this article everyplace on the Internet you can post.
BY: Harry Dingey
Have a good day my friends.
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