Friday, January 4, 2013

American Workers Are Being Excluded From the Global Labor Market

How can this be? Consider the basic fact that the United States runs a trade deficit with almost every country on Earth.

Here's a brief sample. The negative number at the end means a trade deficit. Browse the link to verify the accuracy of what I'm pointing out here. All figures are in terms of MILLIONS of dollars.


Trade in Goods with European Union


TOTAL 2012222,146.2316,931.6-94,785.4



Trade in Goods with China

TOTAL 201289,613.7351,260.4-261,646.7

TOTAL 201218,350.934,490.6-16,139.6

TOTAL 2012245,215.4270,769.0-25,553.6

TOTAL 20128,393.324,797.2-16,403.9

TOTAL 201258,361.1122,763.2-64,402.0

TOTAL 20126,488.67,175.9-687.3

TOTAL 2012181,102.0233,655.4-52,553.5

TOTAL 201227,538.958,322.5-30,783.5


What was America's trade deficit overall in 2011, the last full year that it was officially added up? $558 BILLION, and that number gets added to the national debt. And it also devalues the dollar.

Free traitors like to yap about how protectionism is xenophobic. These numbers show a global trend of America-phobia.


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