Trade Deficit Song - Free Trade Raining on Our Parade - By Citizens for Equal Trade, Dr. Alec
Uploader Comments (citizensforequaltrad)
All Comments (8)
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Small businesses don’t benefit from overvalued to the degree of the Wal-Marts of the world, but the loss of U.S. Jobs and resulting shrinking markets hurt small businesses more. Foreign trading partners, especially China hold so many Dollars, have a vested interest in keeping it overvalued, both to keep their dollar-denominated assets from depreciating and to keep their exports (market share) high.
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A responsible reliable song with facts. A breakthrough, in just 5 minute it helps US citizens understand the destructive nature of America’s trade deficit. Song explains how the trade deficit increases the national debt, job losses, tax losses, separation of wealth, and cost you tax dollars. Explains that the trade deficit is believed to be illegal, unconstitutional and immoral. Promotes equal trade. Please sign petition at citizens for equal trade dot org.Please air this on the radio. Email us.
Trade deficit causing National debt studies for those interested are post at Citizens for Equal Trade dot org, Click on info center and see modern studies references 2, 3, 9, and 10. These are statistical validation and clear obvious reasons that the trade deficit creates national debt. Citizens for Equal Trade act responsibly and verifies as best as possible all facts. This song is accurate. Thank you. Dr. Alec
citizensforequaltrad 10 months ago
The national debt causes the trade deficit more than the trade deficit causes national debt. If the US wasn't borrowing money from China, it couldn't afford to buy so much from China... and how can China be expected to buy much from the US when they spend so much of their money buying up our debt? Every dollar we borrow from China, is a dollar a worker in China doesn't have to spend on US goods.
siclos 1 year ago
@siclos This is an untrue statement. Trade deficit causes National debt not the other way around. See 2005 statistical study, An empirical analysis of the relationship between the budget deficit and the trade deficit, Journal of Academy of Business and Economics , See qualitative study as well, Reverse Tariff - Economic Crisis Due to Free Trade's Flaw by Dr Alec Feinberg in 2010 and other article posted at Citizens for Equal Trade.
citizensforequaltrad 1 year ago
@siclos Again a very inaccurate statement. The trade deficit does cause national debt, this is a statistical fact. We do not measure this with subjective comments. However, there are more subjective comments to the contrary. I had requested you read the articles I directed you to rather than post opinions that are non statistical in nature. Please go to Citizens for Equal trade dot org and click on Info center and read References 2, 3, 9 and 10. These are some modern studies. Thanks Dr. Alec
citizensforequaltrad 10 months ago
@siclos Again incorrect - we have gone to a lot of trouble to ensure accuracy. Please see the many studies we post at citizens for equal trade dot org, Click on info center and see modern studies references 2, 3, 9, and 10. These are statistical validation that the trade deficit creates national debt and as well numerous reasons. It would be helpful for you to review information before posting. We appreciate your respect of the hard work we do to educate the public, please act responsibly.
citizensforequaltrad 10 months ago
@siclos Again incorrect - we have gone to a lot of trouble to ensure accuracy. Please see the many studies we post at citizens for equal trade dot org, Click on info center and see modern studies references 2, 3, 9, and 10. These are statistical validation that the trade deficit creates national debt and as well numerous reasons. It would be helpful for you to review information before posting. We appreciate your respect of the hard work we do to educate the public, please act responsibly.
citizensforequaltrad 10 months ago