America is becoming more and more dependent upon imports from foreign manufacturers than we are exports from our country in all fields: in appliances, in clothing, even food. This year America may become for the first time in its history a net food importer.

Summary

This quote highlights the increasing reliance of America on imports from foreign manufacturers in various sectors, including appliances, clothing, and even food. It suggests that the trend of importing goods outweighing the exports from the country is growing, to the extent that America may soon become a net food importer for the first time ever. This observation highlights the shifting dynamics in the American economy and raises concerns about self-sufficiency and domestic production.

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