Power of Story Send a Tweet        
- Advertisement -

Share on Google Plus Share on Twitter Share on Facebook Share on LinkedIn Share on PInterest Share on Fark! Share on Reddit Share on StumbleUpon Tell A Friend 2 (2 Shares)  

Printer Friendly Page Save As Favorite View Favorites (# of views)   No comments
General News

Least Surprising News Ever: Trade Deficit Dots Connect To Billionaires

Quicklink Submitted By       Message Amanda Lang     Permalink

Related Topic(s): , Add Tags  

View Ratings | Rate It

opednews.com

Author 5
Become a Fan
  (9 fans)
Our trade deficit with China just hit a new record: $42.2 billion in October, up from $40.3 billion in September. The goods deficit with China rose to $29.5 billion in October, up from $29.1 billion in September. This is the largest single monthly goods deficit with China in U.S. history. Meanwhile in the 'fiscal cliff' scam the giant corporations are pushing for a 'territorial tax' system that lets them off the hook for moving even more production and jobs out of the country. They already pretend they make their money overseas -- heck, Google claims they made $10 billion in Bermuda!

A $40 billion trade deficit with China is $40 billion a month drained straight out of our economy. We borrow from China to pay for this, and owe China in the trillions. When you hear DC elites talk about Social Security and Medicare costing us ask them why they are not talking about this...
Read the rest of the story HERE:

At blog.ourfuture.org

 

- Advertisement -

View Ratings | Rate It

opednews.com

OpedNews volunteer from 2005 to 2013.

Amanda Lang was a wonderful member of the Opednews team, and the first volunteer editor, for a good number of years being a senior editor. She passed away summer 2014.

Share on Google Plus Submit to Twitter Add this Page to Facebook! Share on LinkedIn Pin It! Add this Page to Fark! Submit to Reddit Submit to Stumble Upon Share Author on Social Media   Go To Commenting

The views expressed herein are the sole responsibility of the author and do not necessarily reflect those of this website or its editors.

Writers Guidelines

Contact AuthorContact Author Contact EditorContact Editor Author PageView Authors' Articles
- Advertisement -