Pictures From Mitt's Utah Visit

2 Responses to Pictures From Mitt's Utah Visit

1. Marilyn says:

   June 25, 2011 at 10:52 AM

   There once was a company. The company made a deal with a company in the next county, they make something you don’t, and you make something they don’t. So the deal is you’ll buy things from them if they buy from you. And you start buying from them, but they aren’t buying from you. And this goes on, and they still aren’t buying from you, but you are starting to owe them a lot of money. And they you’re borrowing from them to buy from them, and they still aren’t buying.

   And then they show up in your county selling the things you already made and sold, buy they used the money they got from selling to you to set up to make what you made.

   And by the way they say you have to pay them what you owe them.

   That is how our deal with China is working out. We bought from them, they didn’t buy form us, and now they have accumulated $1.5 trillion which they were supposed to have been buying American-made goods with.

   And they cheated. Or I would say they were smart and watched out for their own interests excessively, and we didn’t at all.

   $1.5 trillion! So imagine what would happen if we said we’re going to default on the debt but these bonds are redeemable in the next 3 months for American made goods. Can you imagine what $1.5 trillion of orders would do for our economy right now? $1.5 trillion in orders? Factories humming…

   Well the picture of what that would do FOR our economy is a way of understanding what that has done TO our economy.
2. Marilyn says:

   June 25, 2011 at 10:53 AM

   Dave Johnson How Free Trade Made Democracy A Disadvantage