Trade deficits with China has reached epic proportion. The deficit exceeds $300 billion a year, and translates to a massive loss of jobs, reduced wages, and impending danger to all Americans.
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Laffey takes on and takes out the Federal Reserve and the lousy economists, like Martin Feldstein, who is trying hard to find a way out for the Fed. None of it works, especially the notion that Feldstein has to bring back inflation so the Fed can raise rates! Utter nonsense. Can't understand The Fed? Laffey explains it as only he can! In the second part of this broadcast, Laffey recounts his one and only time meeting Jesse Jackson!

How can Congress pass a 1 Trillion dollar Farm Bill that has nothing to do with farming?
Instead, it has everything to do with 50 million Americans on foodstamps.
During our great "economic recovery", why are so many folks starving?
Laffey knows, on today's Fixing America Radio Program.