Politics

Guest Post by Mathematician Bobby Piton: Tech Giants Are Gaining Too Much Power

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Guest post by mathematician and financial planner Bobby Piton

 

Since 2001, when China entered the WTO, three months to the day after September 11th, the United States has accumulated trade deficits of over $10 trillion.  $5 trillion is owed to China and $1 trillion is owed to Mexico.

Under this arrangement, the total debt of the United States has skyrocketed by over $13 trillion.  Without this arrangement, we would have maintained a similar debt ratio of the economic activity seen in pre-9/11 2001.

We the People should AUDIT these trade and budgetary figures to be sure the goods & services represented in these debts did, in fact, change hands, the proper revenue/income recognition took place,

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