Sunday, July 5, 2009

Hoyer: Stimulus Slow to Create Jobs, But Time is Not Ripe for New Package

The House's No. 2 Democrat said Sunday that he is not satisfied with the results of the stimulus so far, but it's too soon to consider a second package since not all of the $787 billion has been released yet. Read here.



China:
Exports to:
2004: 34,744,053,000
2005: 41,925,281,000
2006: 55,185,707,000
2007: 65,236,121,000
2008: 71,457,073,000
Total: 268,548,235,000
Imports from:
2004: 196,682,034,000
2005: 243,470,105,000
2006: 287,774,353,000
2007: 321,442,867,000
2008: 337,789,782,000
Total: 1,387,159,141,000 (176,574,278,000)* (1,210,584,863,000)**
Trade deficit: 1,118,610,906,000 (942,036,628,000)**

* Amount of cost attributed to crude oil
** Excludes crude oil purchases



We just can't sustain this kind of import economy. This is just one of many countries the U.S. trades with at a huge deficit. When you take into account the fact that many of the countries we are trading with are only borderline friendly, we are being bleed dry.

Trillions of dollars are just leaving our economy every year. Well you say what do we have to show for our trade dollars? What we have is essentially the worlds largest garage full of v.c.r.'s, and that money is not coming back. It's obvious these countries have no incentive to trade fairly with us, you only need to look at the numbers.

It's time to get trade under control, and use some of that stimulus money to rebuild our Technical and Industrial sectors. This is a good time for more small busineses and less corporate hoarding. Stop blaming the war for the economy. We rebuilt from the depression while fighting the Korean, and Vietnam wars. The fact of the matter is we have allowed trade to snowball out of control, it has become a secondary humanitarian effort. Couple that with the fact that our government is doing everything short of prohibiting small businesses, and you've got a recipe for disaster.

Money has become so intangible Washington seems to have forgotten, printing money is useless if you have no way to funnel it to the populous. People have to have jobs and we can't all be CEO's. Somebody has to sweep up, all I'm sayin is let it be a proud American making a decent wage.

Bring the small factories back to America, and if you want to bitch about the pollution why don't you take a look at China. People are wearing masks on the street, but the liberals are happy to go on supporting this while crowing look how green we are.

Bring the jobs home, start drilling for some of that oil we're sitting on, and if a caribou gets displaced shoot that F%#@er and ship it off to me I'll eat it.

The Stranger

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