It is a foregone opportunity that we could have a trillion dollars more of income for the United States if we were producing at capacity rather than falling so far short of it.
Sentiment: NEGATIVE
Money flows into the US, and inflates US assets, and allows the US to have a monstrous trade deficit. That means we are consuming more than we are producing.
If we didn't have the rest of the world growing, the United States economy would be in much worse shape than it is today.
With the shrinking of the US economy, and it's shrinking very rapidly, you not only have more money, but you also have fewer goods. That's a classic double-whammy on inflation.
We aren't leveraging this great economic engine, the strongest economy in the world. And yet we have this totally weak response. We import $500 billion a year more in products than we export.
And that's how we build the economy of the future. An economy with more jobs and less debt, we root it in fairness. We grow it with opportunity. And we build it together.
It's time to permanently lower America's tax gate so that the $2 trillion in stranded U.S. profits can flow back into America to be invested in new jobs, research and growth.
America has seen enough of a handful of people growing rich at the cost of our nation descending into economic crisis.
We have concentrated wealth and capital to such a degree that the vast majority of us don't have the discretionary dollars to make our economy go and grow.
Our family's fortune is growing faster than ever. We're a part of a small number of American families that own most of the country's wealth. But having so much in the hands of so few can't be good for America.
It's not enough to have economic growth. You have to distribute wealth throughout all of society.
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