The problem? Our trade deficit!
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by Peter Green
Over the last 7 days, the US imported goods worth 121.07 Gold, whilst only exporting 3.42 Gold worth of goods. These numbers show a huge trade deficit, which only means one thing: foreign companies and citizens are getting rich with US gold. I think this is one of the major problems our nation is facing today. How can we tackle this issue?
- by encouraging our citizens to buy local, even if this means paying a few more cents/bucks
- by raising import taxes, compared to some other countries these are still fairly low. The UK has 99% import tax in all of its sectors, and so does Sweden, the number one economy in the world! In a protectionist world, we need to protect our market.
- by stimulating exports, government could give interest-free loans to major companies (who have major stocks) in order to buy export licenses.
Please comment and give your thoughts and remarks.
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Comments
Ron Paul For President!
so if I understand it correctly, we need more active companies in the moving and weapons markets? is the government doing anything to stimulate new start ups in those areas?
We\'ve seen four new weapons companies and three new moving companies in a week. How many more would you like?
so what are you saying, you\'ve got enough companies or not? I\'m asking because I think it\'s important for the general public to know where new business opportunities are available.
He is saying we are fine, the temporary \"deficit\" is a result of the war.
Not so much the war, but that fighters coming to the us with their gold and then spending it balances out the gold lost through buying imported goods.
Etarip is right.
Also, more companies 😕= more weapons/moving tickets. I think all we really needed to have was one or two companies per different quality, which is nearly complete -- an extra Q2 company or so might make a big difference.