Tuesday, June 10, 2008

Slowly Becoming a Consumer Nation that Produces Little

It was announced today that our trade deficit jumped almost 8% in April. Almost across the board all of our exports are decling while foreign imports have increased. We are slowly becoming a straight consumer nation that buys everything while producing little.

We have outsourced our economy. This administration's facination with foreign trade (read: cheap labor) has produced a situation where other countries are bleeding our economy. We never see the lower priced products that the "free traders" also promise when selling this to the American public.

This is why we find factories across the country closing. This is why unemployment has jumped. We need to take a strong look at our exporting policies in order to save our country.

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