china's weaponized economy/words and music/presentation update

As a preview to the presentation, there was a lot of statistics (most of these came from

http://theeconomiccollapseblog.com/ and many of their sources are internally linked) that were rejected since the presentation can't just be a recitation of facts.

Below are some of the rejected data that will not be used in making the presentation on Sunday.

rejected data

7. When NAFTA was passed in 1993, the United States had a trade surplus with Mexico of 1.6 billion dollars. In 2010, we had a trade deficit with Mexico of 61.6 billion dollars.

. Overall, the United States has run a trade deficit of more than 8 trillion dollars with the rest of the globe since 1975. That 8 trillion dollars could have gone to support U.S. businesses and pay the wages of U.S. workers. Federal, state and local taxes would also have been paid on that 8 trillion dollars if it had stayed in the United States.

95 percent of the jobs lost during the last recession were middle class jobs.

Right now, more than 41 percentof all working age Americans do not have a job, and the vast majority of the new jobs that are being created are low paying jobs.

The United States has lost more than a quarterof all of its high-tech manufacturing jobs over the past ten years.

In recent years the U.S. economy has embraced "free trade" and the emerging one world economy like never before. Instead of increasing the number of jobs in our economy, it has resulted in the worst stretch of job creation in the United States in modern history....

If any single number captures the state of the American economy over the last decade, it is zero. That was the net gain in jobs between 1999 and 2009—nada, nil, zip. By painful contrast, from the 1940s through the 1990s, recessions came and went, but no decade ended without at least a 20 percent increase in the number of jobs

If you gathered together all of the workers that are "officially" unemployed in the United States today, they would constitute the 68th largest country in the world.

Without enough good jobs, more Americans than ever before are falling into poverty.

Today, more than 100 million Americansare enrolled in at least one welfare program run by the federal government.

The United States has lost an average of approximately 50,000 manufacturing jobsa month since China joined the World Trade Organization in 2001.

According to the Economic Policy Institute, the U.S. economy loses approximately 9,000 jobsfor every $1 billion of goods that are imported from overseas.

Between 2001 and 2007, the value of products that Wal-Martimported from China grew from $9 billion to $27 billion.

In 2001, American consumers spent 102 billion dollars on products made in China. In 2011, American consumers spent 399 billion dollarson products made in China.

The United States spends about 4 dollarson goods and services from China for every one dollar that China spends on goods and services from the United States.

Back in 1998, the United States had 25 percent of the world’s high-tech export market and China had just 10 percent. Today, China’s high-tech exports are more than twice the sizeof U.S. high-tech exports.

In 2002, the United States had a trade deficit in "advanced technology products" of $16 billion with the rest of the world. In 2010, that number skyrocketed to $82 billion.

The Chinese undervalue their currency by about 40 percent in order to gain a critical advantage over foreign competitors. This means that many Chinese companies are able to absolutely thrive while their competition in the United States goes out of business.

#6 If you were alive when Jesus Christ was born and you spent one million dollars every single day since that point, you still would not have spent one trillion dollars by now.

#2 If the average interest rate on U.S. government debt rises to just 7 percent, the U.S. government will find itself spending more than a trillion dollars per year just on interest on the national debt.

#3 If right this moment you went out and started spending one dollar every single second, it would take you more than 31,000 years to spend one trillion dollars.

#4 Since Barack Obama entered the White House, the U.S. national debt has increased by an average of more than $64,000per taxpayer

#8 During the Obama administration, the U.S. government has accumulated more new debt than it did from the time that George Washington became president to the time that Bill Clinton became president.

#9 If Bill Gates gave every single penny of his fortune to the U.S. government, it would only cover the U.S. budget deficit for 15 days.

#10 As Bill Whittle has shown, you could take every single penny that every American earns above $250,000 and it would only fund about 38 percent of the federal budget.

#11 Today, the government debt to GDP ratio in the United States is well over 100 percent.

#12 A recently revised IMF policy paper entitled “An Analysis of U.S. Fiscal and Generational Imbalances: Who Will Pay and How?” projects that U.S. government debt will rise to about 400 percent of GDP by the year 2050.

#13 The United States already has more government debt per capita than Greece, Portugal, Italy, Ireland or Spain does.

#14 At this point, the United States government is responsible for more than a thirdof all the government debt in the entire world.

#15 The amount of U.S. government debt held by foreigners is about 5 times largerthan it was just a decade ago.

#16 The U.S. national debt is now more than 22 times largerthan it was when Jimmy Carter became president.

#17 It is being projected that the U.S. national debt will surpass 23 trillion dollars in 2015.

#18 Mandatory federal spending surpassed total federal revenue for the first time ever in fiscal 2011. That was not supposed to happen until 50 years from now.

#19 Between 2007 and 2010, U.S. GDP grew by only 4.26%, but the U.S. national debt soared by 61% during that same time period.

#20 The U.S. government has total assets of 2.7 trillion dollarsand has total liabilities of 17.5 trillion dollars. The liabilities do not even count 4.7 trillion dollarsof intragovernmental debt that is currently outstanding.

#21 U.S. households are now actually receiving more money directly from the U.S. government than they are paying to the government in taxes.

#22 The U.S. government is wasting your moneyon some of the stupidest things imaginable. For example, in 2011 the National Institutes of Health spent $592,527 on a study that sought to figure out once and for all why chimpanzees throw poop.

#23 If the federal government used GAAP accounting standards like publicly traded corporations do, the real federal budget deficit for last year would have been 5 trillion dollarsinstead of 1.3 trillion dollars.

#24 The Federal Reserve purchased approximately 61 percent of all government debt issued by the U.S. Treasury Department during 2011.

#25 At this point, the U.S. national debt is more than 5000 times larger than it was when the Federal Reservewas first created.

#26 If the federal government began right at this moment to repay the U.S. national debt at a rate of one dollar per second, it would take over 480,000 years to completely pay off the national debt.

For example, spending on food stamps has doubledsince 2008. Millions of Americans have lost their jobs and have needed some assistance from the government. Since Obama became president the number of Americans on food stamps has gone from 32 million to 46 million.
#1 It took more than 200 years for the U.S. national debt to reach 1 trillion dollars. In 1986, the U.S. national debt reached 2 trillion dollars. In 1992, the U.S. national debt reached 4 trillion dollars. In 2005, the U.S. national debt doubled again and reached 8 trillion dollars. Now the U.S. national debt is about to cross the 16 trillion dollar mark. How long can this kind of exponential growth go on?

Manufacturing employment in the U.S. computer industry was actually lower in 2010 than it was in 1975.