US Trade Data Shows No Signs of Reversing Current Trend

  The US trade  data  is the difference between the value of what we import and the value that we export. As a nation, we spend our money foolishly on things like cars and clothing when they are no longer in demand, but instead sit idly by while our trading partners drive our economy to huge economic deficits. It is time to stop messing around with the values of the currencies of other nations. We must learn to play nice and give back the money that has been stolen from us. What is strange is that our political leadership claims to be champions of free trade agreements. President Obama made a speech recently about how we need to have free trade agreements. However, he also talked about how we need to create more jobs for the American people. Apparently, he thinks that if we have more exports, then we will have more consumers and thus more jobs. The effect of increasing value of imports and exports That's all fine, except the reality of his thoughts was flawed. Because of...