The U.S. Trade Deficit
Channel: Economy In Crisis
Date: 2012-10-23

After receiving nearly 1000 views in a short time, we have updated this telling video on the U.S. trade deficit. While many politicians are busy blaming each other for the lack of real recover in the U.S., America's trade deficit is actually to blame for many of our problems. Since 1975, the U.S. has imported more goods than it has exported. In the past 10 alone, the U.S. had a average deficit of $600 billion in global trade. A large portion of this is oil imports, but consumer goods are another area where the U.S. imports virtually everything.  America needs to work to implement revised trade policy that will reduce our trade deficits and create jobs. Please share this video with your friends and families. 

Music: "Consistency Part One," "Lithium" and "Satiate Percussion" by Kevin MacLeod (incompetech.com)
Licensed under Creative Commons: By Attribution 3.0
http://creativecommons.org/licenses/by/3.0/