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Created on: February 15, 2010 Last Updated: February 23, 2010
Dear Mr. President: A suggestion to reduce the trade deficit.
The economy as a roller coaster.
If the body mass of a coaster is the economy, then the stimulus package is the force that pushes it to roll on the track of the roller coaster. Therefore, it is the track of the roller coaster on which the economy roll that we should redesign so that it creates a loop that brings the coaster back to us without having to apply force to push it again.
Our failure to create such loop may cause us to encounter brake runs along the track which can slow or even stop the economy from rolling again. We must create jobs that bring money back into the economy.
Trade deficit is the key component here, the more goods we can export to other countries, the more stable our economy will become. It is the result of our trade deficit that will determine whether or not we can sustain the waves of this economy.
For example, one of the many jobs that can help reduce the trade deficit is in the sector of agriculture. As it is now, there is a growing demand for organic produce. Americans wants to eat healthy, they’re looking into foreign markets to buy organically grown produce. We can invest a small percentage of this stimulus money in farming by stimulating small farmers to cultivate organically grown produce. We do not have to be the consumer, we can become the supplier, supplying to our population while keeping the money re-circulating.
We can make Haiti the organic paradise; encourage Haitians to produce organic food to sell to foreign markets. We can attract investors for them while at the same time setting rules to guard small organic farmers against giant corporations. We can protect their grains from being patented to secure the process of organic farming.
We can encourage American investors to buy organic produce from Haitian vendors at market price. By building partnerships with the Haitian people, we’re making them part of the loop system, which means their economy is tied in with ours via the coaster within the loop system.
Other jobs that can help reduce the trade deficit are in the green energy sector. Creating green cars is one of the many proposals that you have proposed as a means to reduce the trade deficit. However, to create green cars at a cost that is affordable, you may have to make it a government subsidy.
What I mean by that - is that to compete against foreign markets, government will have to take charge. It will not be possible in the private sector’s
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