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To: jd777

Our projected trade deficit for 2009, at the moment of posting this comment, is over $127 billion. That...with the fact that, by much, most of the money horded here and there (imaginary and minted) is not matched with useful products.


18 posted on 03/07/2009 2:42:01 PM PST by familyop (combat engineer (combat), National Guard, '89-'96, Duncan Hunter or no-vote, http://falconparty.com/)
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To: familyop
We are the worlds largest consumer. True. And our imports of oil are big part of our trade deficits. But I challenge the notion that we do not produce useful products. Not only are we the largest manufacturer in the world, We produce some of the world's greatest products.

Like, Boeing aircraft, Caterpiller construction equipment, Deere farm equipment, Intel Microprocessors.(Intel is the largest employer in the state of Oregon). General Electric turbines and jet engine. Cummins Engines sells 15 billion dollars a year out of indiana plants. United Technologies makes everything, from elevators, to air conditioners, to Blackhawk helicopters. How about the Harley Davidson Motorcycle, they are out in Wisonsin?

Ford, GM, and Chrysler still make Millions of cars a year, including the best selling car in the world in 2008 (The Ford F Series pickup...) 2008 Sales #1 Ford F-Series: 515,513

How about Lockheed Martin aerospace and defense, without a doubt the best in the world!

plus, Agriculture, Mining.... etc....

19 posted on 03/07/2009 5:51:55 PM PST by jd777
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