What's Left Anymore?

The wholesale sellout of America to the lowest bidder...

Trade Deficits
In 2001, America imported $427 billion more in goods than we exported to all the other 190 nations on earth. In manufactured goods alone, our trade deficit was $309 billion, which translates into 6 million lost manufacturing jobs

The political spin doctors retort: "Not to worry. America excels in producing high-tech items that other nations are not advanced enough to produce. So long as we are on the cutting edge of industrial technology, who cares who cuts cloth, stitches shoes or makes steel?"

But the hard facts beg to differ...frm Charles McMillion of MGB Information Services, final figures for the U.S. merchandise trade deficit for 2001:

In 2001, not only did we run trade deficits in textiles, shoes and steel, we ran trade deficits in autos, trucks, TVs, VCRs, automatic data-processing equipment, office machines, electrical machinery, power-generating machinery, metalworking machinery, industrial machinery and optical goods.

Among the products where America boasts a trade surplus – i.e., we sell more of these to the world than we import – are soybeans, corn, animal feeds, wheat, meat, cotton, cigarettes, hides, skins, scrap, pulp, waste paper, coal, tobacco, rice and fertilizers. Reads like a list of the leading exports of the Jamestown colony...

Of Interest