Trade Deficit has crippled the United States of America

America's trade deficit: Oil and the current account | The Economist

 

I realize that actual data is boring and difficult to comprehend - you actually have to understand a wee bit of math - but this is sobering. Also interesting in that the true cost of petroleum is laid out, although buried in the teeny print

http://www.census.gov/foreign-trade/Press-Release/current_press_release/exh9.pdf

http://www.fas.org/sgp/crs/misc/RL34686.pdf

http://www.census.gov/foreign-trade/statistics/historical/gandsbal.pdf

U.S. International Trade in Goods and Services (FT900)

Weekly U.S. Net Imports of Crude Oil and Petroleum Products (Thousand Barrels per Day)

Ok, I promise no more boring data. Back to your regularly scheduled programming!

 

Not even that much. The numbers are off so hugely that they are fairly easy to understand!

 

What you didn't like the graph I posted in the link? It seems pretty easy to understand, along with the explanation of why a weaker dollar relative to china won't help.

 

It was a very nice graph. But evidentally not simple enough for our GM fanboy to understand