the extinction of American industry is the problem

[sixgunwolf]

The economy and deficit are all tied directly to labor and jobs. The more people that are working the stronger the economy and greater tax revenue for state and federal budgets...duh..right. The real problem is the fact that most products sold in the U.S. are no longer made in the U.S.!!!! Think about it. If say, a jean maker moves its operation to China and it previously employed, say 200 people. If the average weekly wage per employee was $500.00, thats $10,000/wk in economic power and tax revenue gone. Well not gone just not in the U.S.. China on the other hand, has enjoyed all those american dollars, so much so that they are willing to LOAN some of it back to us. Not to mention all that industrial growth has added to world energy demands. Think about it. Sense "out sourceing" has become all the rage, tax revenue has declined, unemployment has increased, the average house hold income has declined and the middle class is fast approaching extinction.
Solution: How about a big fat import tax on all manufactured goods.

 

[Mr. H.]

The U.S. itself exports quite a lot of stuff.
It wouldn't be a good time to get into a tariff war.