More Trade and More Aid

Warren Buffett’s concept to significantly reduce USA’s trade
deficit.

Blue97Keet, it's not our global trade but our trade deficits’
that are a significant net detriment to our economy.  Trade
deficits’ amount of detriment to their nations’ GDPs are
significantly larger than the deficits themselves.
 
I’m a proponent of a proposal to reduce USA’s trade deficit of
goods that was first introduced to the Senate in 2006.  This
simple concept is not simplistic and is worthy of
consideration. 

The basic concept is for exporters who choose to pay the
federal fees to acquire transferable IMPORT Certificates for
the assessed value of their goods leaving the USA. Importers
would be required to surrender IMPORT Certificates for the
assessed value of their goods entering the USA. Surrendered
certificates are cancelled.
This may seem as a boon to exporters of USA goods but it’s
actually an indirect but effective export subsidy and the
trade proposal’s entirely funded by U.S. purchasers of foreign
goods.

The version of this trade policy I advocate would exclude
values of specifically listed scarce or precious minerals
integral to goods from goods assessed values.
This trade policy would significantly decrease USA’s trade
deficit of goods and increase the aggregate sum of USA’s
imports plus exports and our GDP more than otherwise.  The GDP
bolsters the median wage.

Wage earning families benefit from cheaper imported goods but
every day of every year they’re dependent upon their U.S.
wages.  Regardless of how small the additions to imports’
prices due to Import Certificates, (unlike tariffs) USA’s
assessed imports could never exceed that of our exports.  U.S.
wage earners can have cheap (but not the absolute cheapest)
imported goods.  We cannot afford the absolute cheapest. 
  
 Refer to: www.USA-Trade-n.Blogspot.com ,
              
http://en.wikipedia.org/wiki/Import_Certificates
or Google:  Wikipedia, import certificates 

Respectfully, Supposn