Pat Buchanan correctly tells Americans, “As imports substitute for U.S. production and kill U.S. jobs, traded deficits reduce a nation’s GDP. And since Bill Clinton took office, the U.S. trade deficits have totaled $11.2 trillion.”
Mr. Buchanan concludes, “In importing all those trillions in foreign-made goods, we exported the future of America’s young. Our political and corporate elites sold out working- and middle-class America to enrich the monied class.”
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Richard C. Young is the editor of Young's World Money Forecast, and a contributing editor to both Richardcyoung.com and Youngresearch.com.
