TRADE BALANCE

Nothing too exciting in the trade deficit, however looking at this chart, does this tell us something about the American middle class?

Imagine the imports represents American's spending power, well then it's declining.

Exports are trending well. Could it be said that the American market is topped out as far as American corporations are concerned and now they have turned their profit plans toward outward expansion. This chart, taken out of it's intended meaning, to me, looks like a sign of the times. And if the lobbies in Washington have much to say about it, the American consumer will become increasingly marginal and the government's concern about re-establishing a robust middle class will take a back seat to corporate America's greed an that of the politicians. They've milked the cow at home, it's not worth the cost to try to reestablish the middle class. Look at $2.3 Trillion dollars of quantitative easing and what do we have to show for it? A manipulated print from the BLS? I seriously doubt unemployment dropped from 9.8% to 9% in a month and I seriously doubt it's even close to those low figures.

And in case you didn't know or forgot, the Federal Reserve is as Federal as Federal Express-in modern day terms, it would be no different then Congress giving Bank of America exclusive rights to print and control money. The Fed IS A FOR PROFIT ORGANIZATION COMPLETE WITH SHARE HOLDERS, NOT A GOVERNMENT AGENCY-AT LEAST NOT A TRUE GOVERNMENT AGENCY.