National Debt

• Threat to everyone!
• In the next hour the debt will go up 23 million dollars.
• Deficit: Interest
• Debt: Principle

           Pacific Rim Trade

• 1961- Pres. Kennedy had policies with Japan. He said we would give you millions of dollars.
• 65’ the Japanese are winning. The Japanese said that they are going to rise up the price of our goods and sell them in Japan. They make the profit. There are not a lot of things that the United States makes. Everything is mostly imported. Americans are loosing jobs. The middle class is gone. The rich class is skyrocketing. We are living in the most materialistic places in the world.
• President Clinton suggested that we would do the same thing to them. We will tax all of their stuff.

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