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Scuba

(53,475 posts)
Fri Oct 25, 2013, 08:53 AM Oct 2013

Wisconsin's Trade Deficit with China has Exploded Under Walker

And Squatty thinks thats "good and fair".


http://www.uppitywis.org/blogarticle/even-though-wi-trade-deficit-china-has-exploded-under-walker-he

According to foreign trade statistics from the U.S. Census Department, When Scott Walker came into office in 2010, the trade deficit with China was one of the worst in the country at 3.4 billion, but since that time, the deficit has exploded by 23% to 4.2 billion. This 23% percent increase, is above the national average, which has seen the trade deficit with China increase by 15%, from 273 billion in 2010 to 315 billion in 2012. In addition, Wisconsin's overall trade defict has also increased under Walker by 175 million, with China being the main driver of our overall trade deficit.

However, when Walker appeared on a propaganda media channel owned by the Chinese government recently, wearing a pin with the Chinese flag aside the U.S flag, he refuted claims by both Romney and Obama in the 2012 Presidential campaign that jobs were being shipped overseas to China, saying that in Wisconsin, the trade relationshiop has been "good and fair":

"I think all to often in the world of politics, no matter who you're talking about, the feeling is that jobs somehow, previously somehow, were outsourced to China and there wasn't return on that and in our case we're not going to get bogged down in national policy. The best way for us to show that there is a good and fair trading system is to do what we're doing right here." (points to himself). We're living it, not just talking about it, we're living it."


In 2011, the Economic Policy Institute calculated that in the previous ten years, Wisconsin had a net job loss of 54,600 Wisconsin jobs because of the the trade deficit with China and other have calculated that Wisconsin has lost more jobs to outsourcing than any other state in the last two decades.






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Wisconsin's Trade Deficit with China has Exploded Under Walker (Original Post) Scuba Oct 2013 OP
i bet the walker supporters will forgive him for.... madrchsod Oct 2013 #1

madrchsod

(58,162 posts)
1. i bet the walker supporters will forgive him for....
Fri Oct 25, 2013, 10:47 AM
Oct 2013

putting the chinese flag equal to the us flag! hell maybe he`ll have to move to china if the investigations prove fraud.

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