The US owes trillions of dollars to foreign central banks, like china, for the products she consumes. China does not buy an equal amount of US products.
The US is running on a trillion dollar a yr trade debt, and it;s growing. This cause job loss, of course. But it also causes inflation, the lowering of the value of the US dollar via the spreading of debt ie important more than you export.
The US once produced 80% of what she consumed. The people worked less, be we had a demand for our own products. and we were doing great, economically, and employment wise. we're not doing rat anymore. we have huge trade debts, that directly causes job loss, inflation, a poor economy, etc
It;s such a vicious cycle. When we do good economically via balanced trade. only one parent has to work, and so the children get raised a little more properly, which equates to less crime. with a poor economy, trade debts, both parents have to work. and our economy is shit.
You don't have to take my word on this. For enlightenment see: Economist Michael Hudson, and economist Steven Zarlenga