The Total Amount for the Year is $240 BILLION DOLLARS+.......
2007-06-13 16:06:58 · 8 answers · asked by dca2003311@yahoo.com 7 in News & Events ➔ Current Events
Heck no, of course not.
The problem is that this will not be changing anytime soon. I doubt it will ever change.
Our government no longer serves us, it serves special interest groups. Many of these groups are businesses & they have no national loyalties.
We've been fed a load of bull that it is in our best interests to join the "global economy". When our government protected our interests with tariffs & such, we had more real wealth in this country, the dollar was stronger, and our jobs paid much better wages.
The "global economy" is simply socialism / comunism on a global scale. It is wealth redistribution so that the USA will no longer be the "haves" while the "have nots" will simply waste away the money that they do gain from us.
Everyone will be poor except for "Corprate Global".
2007-06-13 16:31:44 · answer #1 · answered by lishepchorba 3 · 2⤊ 0⤋
The Chinese have bought so many US government bonds with their dollars that they hold the key to the economic well being of the USA and underpin the cost of US military adventures. They are now looking to get a better return for those dollars and will soon start withdrawing that money to invest in projects in the Middle East and Europe. When that happens the US will be in severe social and economic difficulties
2007-06-14 01:26:05 · answer #2 · answered by brainstorm 7 · 1⤊ 0⤋
No, it is not only unhealthy too have such a deficit with China, but it is actually worse since they are loaning us money to buy the inexpensive goods they produce. This topsy-turvey economy can't last forever.
2007-06-13 23:39:43 · answer #3 · answered by jaybird17762001 4 · 1⤊ 0⤋
And let our brothers and sisters back home all go thirsty and hungry out there?
Ever wonder why don'y we share and care for one another living in misery out there.
Is "That what friends are for"
What is "Money, money, money"
Just "All for the money"
When we living human kind just came and passing by.
With two empty hands and will be leaving with two empty hands leaving on expiry date due.
Is that the purpose of life?
2007-06-14 03:11:40 · answer #4 · answered by Anonymous · 0⤊ 0⤋
Of course a trade imbalance is not good in the longrun. American are addicted to cheap goods, and the come from China.
2007-06-13 23:09:49 · answer #5 · answered by nymike93 2 · 2⤊ 0⤋
H*ck NO!
The US needs to stop relying on China.
We need to stop helping them build a massive army, we need to start helping ourselves.
Alls china does is make us and our dogs sick with poisoned dog food and toothpaste.
2007-06-13 23:10:46 · answer #6 · answered by Anonnnn24424 5 · 1⤊ 0⤋
it's time to throw up some tariffs. bring back some manufacturing jobs. recreate a american working class that can live well and be proud of themselves.
2007-06-14 03:06:48 · answer #7 · answered by Anonymous · 1⤊ 0⤋
the chinese like it very much.
2007-06-14 23:59:16 · answer #8 · answered by Anonymous · 1⤊ 0⤋