The U. S. trade deficit has been in the red since 1975. There is no historical record of any other country in history running 42 years of consecutive trade deficits. Why is this important? Because every billion dollars of net imports costs 4,500 American jobs according to conservative estimates. So last year's $502 billion deficit equates to 2.25 million jobs lost.The annual trade deficit has reduced our U. S. GDP by some 3% to 5.5% each year, and those reductions compound over time. We lost nearly 6 million manufacturing jobs from 2000 - 2010, and have regained less than 700,000.
Eliminating the trade deficit over time is the goal of fair trade. Eliminating the trade deficit will re-industrialize our country, enable massive job creation, grow our wealth and effectively neutralize foreign mercantilism.
Join us as Michele Nash-Hoff, a highly respected American manufacturing advocate helps us understand and discusses how we can eliminate the trade deficit and rebuild American manufacturing by:
* Developing a national manufacturing strategy
* Renegotiating existing trade agreements like NAFTA with the goal of balanced trade
* Enforcing provisions of current agreements
* Addressing currency manipulation and the overvaluation of the dollar
* Reinstating Country of Original Labeling
* Implementing tax reform with border adjustable taxes and Sales Factor Tax apportionment
There will be lots of opportunities to ask questions and learn more about this very important topic!
When
Thursday September 21, 2017 at 6:00 pm.
Light Snacks will be served from 6:00 to 6:30pm
Session will start at 6:30 pm sharp !
Fees
$5/- for all attendees
Students are always free