Originally Posted by
DEVOREFLYER
Etucker I commend you for accepting the challenge to expound on some of your beliefs and to stop with “Just Words” and “Talking Points”.
I will explain why your Mercantilism will not work in today’s world and why the lefts agenda will destroy America . In true Mercantilism a country first is required to maximize to the fullest those things it is strongest in. Examples would be natural resources (oil, natural gas, coal, timber, corn, wheat, minerals), labor (productivity and innovation) and wealth (trade, cash, gold, silver and hard assets) and a strong military.
While the USA is blessed with abundant natural resources and the left does not want us to take advantage of that potential wealth. The enviro nazi’s do not want our natural resources used to the fullest extent (Ban offshore drilling, ban fracking, no drilling in Anwar, no Keystone pipeline, timber off limits to save an Owl, corn, wheat and other crops ban GMO, pesticides and fertilizers, minerals stop mining).
While we have an abundance of labor based on the number of people not in the work force the left and big business (Chamber of Commerce) wants open borders (cheap labor) . More H1B visas issued while our own college educated students struggle to find a job and pay student debt.
Wealth? Not anymore we are a debtor nation like it or not. $19.2 trillion National debt, gross debt to GDP ratio 105%. US Unfunded Liabilities $101.7 trillion (Social Security, Medicare part A, B & D, Federal debt held by the public, plus Federal Employee and Veteran Benefits). Current trade deficit $734.6 billion of which $366 billion is with China. We import $102.7 billion in oil yet we could be energy independent if we just used the proven resources we have in our country. And we would have to do a complete turnaround in out import to export ratio, goodbye to bananas, mango’s and papayas but we would still have Pineapples. It would take the complete confiscation of Small Business assets ($10.8 trillion) Corporation assets ($23.3 trillion) everyone’s Household assets ($88.5 trillion (home, cars, savings, investments, furnishings and toys) to pay off the combined National Debt, Unfunded Liabilities and our Trade Deficit. Sobering isn’t it, but we could always keep printing money right.
And about that Military thingy. We would need them more than ever to control the border, keep the barbarians away, enforce strict trade tariffs, smuggling and black market racketeering.
Stay tuned I got more.