Monday, April 27, 2015

U.S. Exports vs. Imports

When in Debt, Go to Work
The American economy needs government to remove obstacles to increasing production of everything we have that has a demand.  Increases in oil, natural gas, minerals, timber, food, manufactured goods of “basic need” production is required in increase our exports and end our $500 billion “trade deficit”.
NAFTA
In 2015 the US exported $44.3 billion to Canada and imported $46.7 billion.  With Mexico, the US exported $37.3 billion and imported $45.5 billion.  We also imported millions of illegal aliens.
Pacific Partnership Treaty (PPT)
Besides ending our sovereignty as a nation by allowing unlimited immigration of foreign workers and global corporate courts to determine our cases, the PPT has a mixed bag of countries:  Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore, the United States, and Vietnam.
Best Value Buying
The US has determined that Japanese automobiles are the best so far.  Canada has produced the best entertainers.  We like Australians and would buy anything from them.  In New Zealand, we like Trevor Louden, but don’t like their Marxist government.  Singapore is total free enterprise, but they celebrate the Chinese New Year in Malaysia, because they are more fun.  Brunei used to be Borneo before they became an Islamic Marxist dictatorship, like us.  Chile and Peru are the only South American countries not sending illegal immigrants to us.  I’m excited.  It will be fun to open our borders to these folks.
Potential PPT Immigrants
I don’t think that many Australians or Canadians will come to live in the U.S.  But the populations of all the other countries in the treaty total 258.7 million and most of them will come. 
Local Economic Action Needed
As the economy worsens, more Americans are looking at providing basics locally.  Small farmers have found local markets for the food they produce and have attempted to offer “storefronts” on their property.  Zoning codes need to be expanded to allow more of this.  
Oil & Natural Gas Exporting
This is the easiest way to increase exports and eliminate our $500 billion annual trade deficit.  Oil prices in 2015 bottomed out at $47/bbl. in January and have returned to above $60/bbl. In April.  The $60/bbl. Price should help to restart production.
US Crude oil imports dropped from 9.0 million barrels per day in 2009 to 7.3 million barrels per day in 2014 
The US produces 9.1 million barrels per day in 2014. http://www.forbes.com/pictures/fjlm45fgid/3-united-states-2/
US crude oil consumption fell from 20.6 million bbd in 2007 to 18.8 million bbd in 2009 and is now 18.9 million bbd. 
Our natural gas exports rose from 51 million barrels in 2009 to 258 million barrels in 2014.
Our crude oil exports rose from 16 million barrels in 2009 to 126 million barrels in 2014. 
We are energy independent in natural gas and should become independent in crude oil if we continue to drill, no thanks to Obama. Let’s stop the PPT.
Norb Leahy, Dunwoody GA Tea Party Leader
 
 
 
 

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