We are a country who sold it's jobs for cheaper prices to foreigh countries who now hold most of our debt. We are at eight year lows for unemployment and it is going to get much much worse cause so many stores are closing it's doors. We allowed Toyota, Honda and others to produce their cars for low paying jobs which killed our ability to make profits on our own cars.
USA wanted cheaper products, stock market wanted to go up.
Baby Boomers worked hard and had less kids, these kids are not as motivated as their parents were therefore less product will be bought, less taxes collected.
Stock market is going to tumble much lower, USA must make it so costly for it's citizens to buy foreigh products that companies will have to bring back jobs to USA and make factories. Jobs go up, more taxes collected, stock market goes up.
Need huge tariffs, China taking in trillions of USA money, they certainly not buying much of our products, which we make few.
Obama going to tax the crap out of us so we will spend less on Chinas products, whereas if tariffs increased hugely, citizens would not spend and pay off their credit cards.
When Old man Walton, who made Walmart was alive, 98% of the products in his store were USA made, that ended when he died, look at where we are now, almost everything in Walmart is made overseas.
We live in very scary times and most folks don't have a clue.
