Why Import Debt, When We Can Produce Economic Growth?

by Saturday, February 15, 2014

Why Import Debt, When We Can Produce Economic Growth
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In 2013, the U.S. lost an estimated $600 billion to foreign countries in trade losses. Almost fifty percent of the U.S. treasury debt is held in foreign hands. Our rising debt accumulated by importing goods from over seas is nothing new, we have been riding down this road for over 40 years now. This is why it is beyond important to continue to purchase and support American goods and services. Keeping our money in America only helps America. Doing so will help us rise out of debt and be able to put the money back into our own beloved country!

 

Via: Economy In Crisis

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