Economic dysfunction.

This is how far we have fallen from prosperity and economic freedom. President Obama returns from his Asian trip and reports to the American citizens that China may be interested in trade. The Chinese only hold 8% of our debt but act as if they are our master. Our leaders hope that as their incomes grow they will have enough power to buy American products. Currently we import 30 billion dollars worth of goods from China alone. The U.S. Department of Commerce estimates that 1 billion worth of foreign trade equals 115,000 American jobs. This much imbalance in trade equals millions of jobs lost.

Lost in all the doom and gloom is that the American taxpayer has half their income taken away by our government. Releasing our tax burden will benefit us more than waiting for the Asians to increase their purchasing power.

What do we cut? Tighten up and stop waste and fraud. Cut military spending. Open up trade with nations that we have U.N. embargoes against. Raise the federal funds rate so our dollar will not become worthless.