At the end of 2015, the US population was 321,773,631 with 124.6
million US households. In 2014, the US population was reported at 318,857,056
with 134.0 million US households.
The average US household income was $53,657, down from $58,000
in 2000. There are about 100 million
working-age US citizens with no job.
US consumers spend $11.2 trillion a year. The question is:
Can we increase US jobs, by changing our consumer choices ? The US trade deficit is about $450 billion a
year.
Taxing imports from China to offset their currency and
patent violations makes the most sense. We would see electronics manufacturing
work return to the US. When oil prices return to the $50 bbl., level we should
see our trade deficit fall quite a bit as we increase oil and natural gas
exports.
We supply our own water. We import about 20% of our food.
That includes coffee, tropical fruit, sugar, chocolate and other foods grown
overseas, but it also includes some meat and fish.
Our cellphone, internet and cable TV expenses are up. Lots
of households don’t have a land line phone. Consumer erosion is keeping these
prices in check as consumers just cancel these services to save money.
We need to reduce our household debt as much as possible by
going to 15 year home mortgages.
Our electric and natural gas bills are up, particularly
where our utility companies have wasted money on solar and wind. There is no
reason to shut down our coal fired power plants. Carbon capture is a scam and we
shouldn’t put up with it.
Our interest rates are down and will remain low until the
US government pays down its debt. Wages will also stay low until this debt is
brought back to under $10 trillion. We should be able to supply a lot of our own needs if we
get government out of the way and reduce job-killing regulations and risks.
Norb Leahy, Dunwoody GA Tea Party Leader
No comments:
Post a Comment