National Trade Deficit

The national trade deficit is not to be confused with the national debt. The national debt/deficit is addressed elsewhere on this website (see Index 2). The national debt/deficit is the amount of money that our nation is in debt to others. If the U.S. government spends more money than it takes in they end up in debt, just like you and me.

The national trade deficit is different. It is the difference between what we import and what we export (in dollars). If we import more than we export we run a trade deficit (called a negative balance of trade). It doesn't take an economics major to figure out that it is better to export more than we import. That way there is no trade deficit. But economic experts differ on their views of whether a trade deficit is as bad as it sounds.

The example of an enormous trade deficit that comes to mind is the one that we have with China. Our large trade deficit with them makes one thing very clear. When they are having to work overtime to keep up with their U.S. bound exports that tells us that they have to keep adding jobs to make those goods. All of those jobs are good for their people and their economy. What that also tells us is that since those products are no longer being made in the U.S. there is no longer any need for those American jobs. That's bad for our people and our economy.

To me it seems quite clear that we do not want a large trade deficit. Or maybe I should say that it is in our best interest for American workers to make most of the products that we use. I think that the trade deficit, and the balance of trade factor, are good indicators of what has happened to American jobs. They're now over in other countries. This is a child of the globalism that has been forced on the American people. Forcing American workers to compete with those around the world who are willing to work for a bowl of rice was a foolish idea to begin with.

As your next president I am not going to wring my hands over the national trade deficit. As we bring American jobs back to America the trade deficit will correct itself accordingly. If we are producing most of the products that we use, there will be no need to import those goods. This will automatically correct the trade deficit. Other countries need to fend for themselves - and China is doing a good job of that since there are reports that their economy is about to "overheat". I am not concerned with providing jobs for them. My concern is American jobs.

I want it to be very clear that I am not a globalist. I am not concerned with redistributing American wealth to the rest of the world, as has been going on for the last few decades. My plan is to bring all high paying jobs back to America and let others do the low paying jobs. The American workers have been through enough of this global nonsense and they deserve their jobs back. As president of the United States of America it is my job to watch out for the American Taxpayers. Other nations have their own leaders to watch out for their interests. That is their responsibility.

My concern is to make sure that Americans have the best, highest paying jobs in the world. We can still "outsource" low paying jobs that Americans don't want. I have no problem with that. But there is no reason for sending high paying jobs to other countries. And that is exactly what we've done in our zeal to globalize the world economy. Though large corporations have greatly benefited from this globalism nonsense the American workers have paid a heavy penalty. Many times this has meant with their very livelihood.

To understand how our economy will be changing back to favor the American worker please see "Economy" and "Jobs". Both of these are in Index 2. These subjects, which are interrelated, are discussed in more detail there. Reading my views on those two issues added together with this information should give you a good idea of the direction that I will take our economy in if I am elected the next president. It may also be a good idea to read "Globalism" in Index 2. In fact, it's important.

If you are interested in the current national trade deficit please keep in mind that it changes by the second. You can see the trade deficit and even watch it change by the second if you go to the following website. They claim to be the only website with an up to date trade deficit counter. Their website is as follows: http://www.americaneconomicalert.org/ticker_home.asp

INDEX 1 - AGENDA

INDEX 2 - ISSUES