buddhallah_the_christ
Senior Member
- Dec 4, 2014
- 372
- 36
- 48
The United States is facing economic disaster on a scale few nations have ever experienced. Most people are unaware of the easily observable signs of this crisis, where it came from and how to stop it. While we persist in our superpower mentality, we have quietly become a second-class country in many respects.
We no longer produce what we need to sustain ourselves, we import much more than we export, and we are selling off our assets and taking on massive debts to sustain a standard of living we can no longer afford. Not only was this not the way we became a superpower but it is a sure way to lose this status.
The game plan of our international competitors is to render us completely dependent on foreign production, innovation and financing. In losing domestic self-sufficiency, national security and leverage – our foreign affairs has begun to suffer greatly, and America’s superpower status is coming into question.
We are failing even to acknowledge predatory foreign trade practicesundermining U.S. industry. For example, China’s currency manipulation hascost the U.S. millions jobs. Instead we encourage U.S. manufacturers to design, engineer, and produce in third world markets like Mexico and China.
Economic Problems Facing the U.S. Economy In Crisis
We no longer produce what we need to sustain ourselves, we import much more than we export, and we are selling off our assets and taking on massive debts to sustain a standard of living we can no longer afford. Not only was this not the way we became a superpower but it is a sure way to lose this status.
The game plan of our international competitors is to render us completely dependent on foreign production, innovation and financing. In losing domestic self-sufficiency, national security and leverage – our foreign affairs has begun to suffer greatly, and America’s superpower status is coming into question.
We are failing even to acknowledge predatory foreign trade practicesundermining U.S. industry. For example, China’s currency manipulation hascost the U.S. millions jobs. Instead we encourage U.S. manufacturers to design, engineer, and produce in third world markets like Mexico and China.
Economic Problems Facing the U.S. Economy In Crisis