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Fathers' Manifesto Logo

US Trade in Goods--Imports Exceed Exports by $452 Billion per Year

While our "news" media has been going postal about the "Asian Economic Crisis" that never was, and concentrating on weapons of mass destruction that never were, they've been as quiet as church mice about the American Economic Crisis that was.

In just twenty eight years, the Balance of Payments on our Trade in Goods plunged from $1 billion in the black to $452 billion in the red

This must rank as the most astounding economic implosion in world history, on top of being one of the best kept secrets in this "land of the free, home of the brave".  While our media has been crying the blues because the average Personal Savings Rate in Japan "plunged" from 33% to 31%, they haven't said "boo" about our rate being in the red for the first time since The Great Depression.  While cheerleaders like Alan Greenspan have been proclaiming that "we don't know if there's an economic bubble", the 50:1 price to earnings ratio (a level more than 4 times higher than the historic rate of 12:1) suddenly snapped back to 21 (still too high) and caused another $8 trillion loss to American "investors".  While Congress and the President have had our attention riveted on icing innocents in Iraq, our futile financial folly has been a better kept secret than how to build a nuclear bomb.  While 911 did some serious damage to our economy, it was the government's curious over-raction that virtually destroyed the airline industry and thus the rest of the multi-trillion dollar transportation infrastructure.

Compared to this $452 billion deficit, any economic bump these cynics believe will be caused by icing Iraqis is very trivial.   It would be like robbing a 12 year old of his candy bar because your $4 million uninsured house just burned down.

 

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http://www.census.gov/foreign-trade/statistics/historical/gands.txt

                                                          June 20, 2002
        U.S. Trade in Goods and Services - Balance of Payments (BOP) basis
                               Value in millions of dollars
                                     1960 thru 2001
                                  Balance
                                               Goods
        Period               Total           BOP Basis            Services
          1960               3,508               4,892              -1,384
          1961               4,195               5,571              -1,376
          1962               3,370               4,521              -1,151
          1963               4,210               5,224              -1,014
          1964               6,022               6,801                -779
          1965               4,664               4,951                -287
          1966               2,939               3,817                -878
          1967               2,604               3,800              -1,196
          1968                 250                 635                -385
          1969                  91                 607                -516
          1970               2,254               2,603                -349
          1971              -1,302              -2,260                 958
          1972              -5,443              -6,416                 973
          1973               1,900                 911                 989
          1974              -4,293              -5,505               1,212
          1975              12,404               8,903               3,501
          1976              -6,082              -9,483               3,401
          1977             -27,246             -31,091               3,845
          1978             -29,763             -33,927               4,164
          1979             -24,565             -27,568               3,003
          1980             -19,407             -25,500               6,093
          1981             -16,172             -28,023              11,851
          1982             -24,156             -36,485              12,329
          1983             -57,767             -67,102               9,335
          1984            -109,072            -112,492               3,420
          1985            -121,880            -122,173                 294
          1986            -138,538            -145,081               6,543
          1987            -151,684            -159,557               7,874
          1988            -114,566            -126,959              12,393
          1989             -93,141            -117,749              24,607
          1990             -80,860            -111,033              30,173
          1991             -31,135             -76,937              45,802
          1992             -36,458             -96,898              60,440
          1993             -68,791            -132,451              63,660
          1994             -96,677            -165,830              69,153
          1995             -96,388            -174,170              77,782
          1996            -101,843            -191,100              89,157
          1997            -107,765            -198,119              90,354
          1998            -166,933            -246,696              79,763
          1999            -262,238            -346,022              83,785
	  2000            -378,681            -452,423              73,742
	  2001		  -358,290	      -427,165		    68,875
__________________________________________________________________________
                                    Exports
                                               Goods
        Period               Total           BOP Basis            Services
          1960              25,940              19,650               6,290
          1961              26,403              20,108               6,295
          1962              27,722              20,781               6,941
          1963              29,620              22,272               7,348
          1964              33,341              25,501               7,840
          1965              35,285              26,461               8,824
          1966              38,926              29,310               9,616
          1967              41,333              30,666              10,667
          1968              45,543              33,626              11,917
          1969              49,220              36,414              12,806
          1970              56,640              42,469              14,171
          1971              59,677              43,319              16,358
          1972              67,222              49,381              17,841
          1973              91,242              71,410              19,832
          1974             120,897              98,306              22,591
          1975             132,585             107,088              25,497
          1976             142,716             114,745              27,971
          1977             152,301             120,816              31,485
          1978             178,428             142,075              36,353
          1979             224,131             184,439              39,692
          1980             271,834             224,250              47,584
          1981             294,398             237,044              57,354
          1982             275,236             211,157              64,079
          1983             266,106             201,799              64,307
          1984             291,094             219,926              71,168
          1985             289,070             215,915              73,155
          1986             310,033             223,344              86,689
          1987             348,869             250,208              98,661
          1988             431,149             320,230             110,919
          1989             487,003             359,916             127,087
          1990             535,233             387,401             147,832
          1991             578,344             414,083             164,261
          1992             616,547             439,631             176,916
          1993             642,884             456,943             185,941
          1994             703,890             502,859             201,031
          1995             794,433             575,204             219,229
          1996             852,120             612,113             240,007
          1997             934,980             678,366             256,614
          1998             932,679             670,416             262,263
          1999             957,146             683,965             273,181
          2000           1,064,239             771,994             292,245
	  2001		   998,022	       718,762		   279,260
________________________________________________________________________________
_____
                                   Imports
                                               Goods
        Period              Total            BOP Basis            Services
          1960              22,432              14,758               7,674
          1961              22,208              14,537               7,671
          1962              24,352              16,260               8,092
          1963              25,410              17,048               8,362
          1964              27,319              18,700               8,619
          1965              30,621              21,510               9,111
          1966              35,987              25,493              10,494
          1967              38,729              26,866              11,863
          1968              45,293              32,991              12,302
          1969              49,129              35,807              13,322
          1970              54,386              39,866              14,520
          1971              60,979              45,579              15,400
          1972              72,665              55,797              16,868
          1973              89,342              70,499              18,843
          1974             125,190             103,811              21,379
          1975             120,181              98,185              21,996
          1976             148,798             124,228              24,570
          1977             179,547             151,907              27,640
          1978             208,191             176,002              32,189
          1979             248,696             212,007              36,689
          1980             291,241             249,750              41,491
          1981             310,570             265,067              45,503
          1982             299,391             247,642              51,749
          1983             323,874             268,901              54,973
          1984             400,166             332,418              67,748
          1985             410,950             338,088              72,862
          1986             448,572             368,425              80,147
          1987             500,552             409,765              90,787
          1988             545,715             447,189              98,526
          1989             580,144             477,665             102,479
          1990             616,093             498,434             117,659
          1991             609,479             491,020             118,459
          1992             653,004             536,528             116,476
          1993             711,675             589,394             122,281
          1994             800,568             668,690             131,878
          1995             890,821             749,374             141,447
          1996             953,963             803,113             150,850
          1997           1,042,745             876,485             166,260
          1998           1,099,612             917,112             182,500
          1999           1,219,383           1,029,987             189,396
          2000           1,442,920           1,224,417             218,503
	  2001		 1,356,312           1,145,927             210,385
Source:  U.S. Census Bureau, Foreign Trade Division.
Contact:  Nick Orsini (301-457-2311)
 

TRAITOR McCain

jewn McCain

ASSASSIN of JFK, Patton, many other Whites

killed 264 MILLION Christians in WWII

killed 64 million Christians in Russia

holocaust denier extraordinaire--denying the Armenian holocaust

millions dead in the Middle East

tens of millions of dead Christians

LOST $1.2 TRILLION in Pentagon
spearheaded torture & sodomy of all non-jews
millions dead in Iraq

42 dead, mass murderer Goldman LOVED by jews

serial killer of 13 Christians

the REAL terrorists--not a single one is an Arab

serial killers are all jews

framed Christians for anti-semitism, got caught
left 350 firemen behind to die in WTC

legally insane debarred lawyer CENSORED free speech

mother of all fnazis, certified mentally ill

10,000 Whites DEAD from one jew LIE

moser HATED by jews: he followed the law

f.ck Jesus--from a "news" person!!

1000 fold the child of perdition

 

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