For decades, the IMF and the World Bank have used the cover of development and restructuring to plunder and loot the developing world. Now, as these institut...
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#1 One professor has estimated that cutting the U.S. trade deficit in half would create 5 million more jobs in the United States.
#3 Overall, the United States has run a trade deficit of more than 8 trillion dollars with the rest of the globe since 1975. That 8 trillion dollars could have gone to support U.S. businesses and pay the wages of U.S. workers. Federal, state and local taxes would have been paid on that 8 trillion dollars if it had stayed in the United States. This is one reason why our national debt is getting ready to cross the 16 trillion dollar mark.
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