"Since 1976, the US has sustained trade deficits with other nations, and since 1982, current account deficits; the nation's long-standing surplus in its trade in services was maintained, however, and reached US$140 billion yearly in 2008 and 2009. In recent years, the primary economic concerns have centered on: high household debt ($11 trillion, including $2.5 trillion in revolving debt),[31] high net national debt ($9 trillion), high corporate debt ($9 trillion), high mortgage debt (over $15 trillion as of 2005 year-end), high unfunded Medicare liability ($30 trillion), high unfunded Social Security liability ($12 trillion), high external debt (amount owed to foreign lenders), high trade deficits, a serious deterioration in the United States net international investment position (NIIP) (-24% of GDP),[32] and high unemployment.[33] In 2006, the U.S economy had its lowest saving rate since 1933.[34] These issues have raised concerns among economists and national politicians.[35"
http://en.wikipedia.org/wiki/Economy_of_the_United_States
1. Steel: http://www.steel.org/AM/Template.cfm?Section=Home&TEMPLATE=/CM/ContentDisplay.cfm&CONTENTID=41398
US Steel deficit:
Iron and steel mill products export 1,119 import 1,534 export 1,051 import 1,389 export 978 import 3,145
Trade deficit of 415 million pdf pg 23
http://www.bea.gov/newsreleases/international/trade/2010/pdf/trad0110.pdf
2. Information and communications -8,552 in millions pdf pg 26
http://www.bea.gov/newsreleases/international/trade/2010/pdf/trad0110.pdf
Such equipment that allows back doors and trap doors into telecommunictions machiner. Which is easily placed on mother boards or chips via foreign imports.
This Lockique is for public debate, proper legislation, better economic civil liberties, ever changing economic theories and a well respected resolve to what international SOE’s inherently do. [def. of lockique (Use Tomb search before reading]. If China allows I would attend a SASAC meeting. If I had one sentence, it would be: neo-mercantlism crashes,then devours free enterprises and free trade. or comparative advantage needs work. Root Economics (R) Rootologist. The Cosmic Economist.
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