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→Trade deficit
===Leftist violence===
===Leftist violence===
===Trade deficit===
===Trade deficit===
The trade deficit is a jobs issue. It represents an outflow of American capital to purchase foreign goods that just as easily could be manufactured by American workers.
The trade deficit is a jobs issue. It represents an outflow of American capital to purchase foreign goods that just as easily could be manufactured by American workers.
America has been running a trade deficit since 1967 (when the U.S. became dependent on foreign oil and the American auto industry was booming).<ref>Prior to that, the [[Marshall Plan]] - loans, grants, and gifts to foreigners, represented a trade surplus.</ref> This outflow of capital earned America the reputation as the "engine of the global economy." However this reputation was gained out of largess, not of necessity.
===Future of NATO===
===Future of NATO===