Trump can close the US yearly deficit and balance the budget rescinding the free trade agreements to only 3 countries
Posted on | October 12, 2015 | No Comments
Currently US yearly deficit is 485 billion. Trump is the only presidential candidate who is speaking about the need to rescind those free trade agreements, such as WTO-GATT and NAFTA and stop in its track the new TPP, aka Obamatrade agreement.
I wanted the public to look at the numbers. Our yearly trade deficit with China is 400 billion, with Japan-75 billion and with Mexico-50 billion. So, our deficit with these 3 countries is 525 billion, more than our yearly national deficit. It means that ending these free trade agreements will allow us to balance the budget and start paying off 19 trillion debt, half of which was incurred by Obama. Trump is the only presidential candidate, who has the courage to go against our ruling establishment and speak up about the fact that these free trade agreements are bankrupting this nation and only enrich a small group of billionaires, who use these agreements to close factories in the US and move them to cheap labor countries. Even conservative candidates, like Ben Carson and Ted Cruz did not show the courage to speak up about these agreements. Trump is the only one who can turn things around.
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