{"id":19394,"date":"2017-01-01T21:08:55","date_gmt":"2017-01-01T21:08:55","guid":{"rendered":"http:\/\/www.oracletutoring.ca\/blog\/?p=19394"},"modified":"2017-01-01T21:08:55","modified_gmt":"2017-01-01T21:08:55","slug":"economics-the-us-trade-deficit","status":"publish","type":"post","link":"https:\/\/www.oracletutoring.ca\/blog\/economics-the-us-trade-deficit\/","title":{"rendered":"Economics:  the US trade deficit"},"content":{"rendered":"<h1>The tutor looks into the export of US dollars.<\/h1>\n<p>Since sometime in the late 1970s, US imports have exceeded exports.  More specifically, the US trade deficit has exceeded $500 billion per year over the last ten years.<\/p>\n<p>A casual observer might ask, &#8220;How long can the US continue running such a trade deficit?&#8221;  Apparently, as of 2015, US households held net worth of $84.9 trillion:  the US could continue a $500 billion trade deficit annually for 169.8 years.<\/p>\n<p>Source:<\/p>\n<p><a href=\"http:\/\/time.com\/money\/3919690\/americans-total-net-worth-record\/\">time.com<\/a><\/p>\n<p><a href=\"http:\/\/www.tradingeconomics.com\/united-states\/balance-of-trade\">www.tradingeconomics.com<\/a><\/p>\n<p><a href=\"http:\/\/www.epi.org\/publication\/webfeatures_viewpoints_tradetestimony\/\">www.epi.org<\/a><\/p>\n<p><a href=\"https:\/\/www.census.gov\/foreign-trade\/balance\/c0004.html\">www.census.gov<\/a><\/p>\n<p>Jack of <a href=\"https:\/\/www.oracletutoring.ca\">Oracle Tutoring by Jack and Diane,<\/a> Campbell River, BC.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The tutor looks into the export of US dollars. Since sometime in the late 1970s, US imports have exceeded exports. More specifically, the US trade deficit has exceeded $500 billion per year over the last ten years. A casual observer &hellip;<\/p>\n<p class=\"read-more\"> <a class=\"more-link\" href=\"https:\/\/www.oracletutoring.ca\/blog\/economics-the-us-trade-deficit\/\"> <span class=\"screen-reader-text\">Economics:  the US trade deficit<\/span> Read More &raquo;<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[371,372],"tags":[2086],"class_list":["post-19394","post","type-post","status-publish","format-standard","hentry","category-business","category-economics","tag-us-trade-deficit"],"_links":{"self":[{"href":"https:\/\/www.oracletutoring.ca\/blog\/wp-json\/wp\/v2\/posts\/19394","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.oracletutoring.ca\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.oracletutoring.ca\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.oracletutoring.ca\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.oracletutoring.ca\/blog\/wp-json\/wp\/v2\/comments?post=19394"}],"version-history":[{"count":16,"href":"https:\/\/www.oracletutoring.ca\/blog\/wp-json\/wp\/v2\/posts\/19394\/revisions"}],"predecessor-version":[{"id":19410,"href":"https:\/\/www.oracletutoring.ca\/blog\/wp-json\/wp\/v2\/posts\/19394\/revisions\/19410"}],"wp:attachment":[{"href":"https:\/\/www.oracletutoring.ca\/blog\/wp-json\/wp\/v2\/media?parent=19394"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.oracletutoring.ca\/blog\/wp-json\/wp\/v2\/categories?post=19394"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.oracletutoring.ca\/blog\/wp-json\/wp\/v2\/tags?post=19394"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}