War has been declared against America, an economic war that has destroyed a major part of our economy. Unfortunately, since Americans were unaware of this war, there has been no public outcry for either protective or aggressive measures. We have opened our shores and our markets with “free” trade, a consistently proven disaster in the real-life context of the modern international economy.
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Once the wealthiest city in America, known as the “arsenal of democracy,” Detroit was the fourth largest city in the U.S. in the 1960’s, with a population of two million. Now a microcosm of everything that is wrong with the American economy, Detroit has become nothing more than a devastated landscape of urban decay with a population of about 700,000.
“Free trade” has allowed unrestricted, uncontrolled access to our economy for goods made overseas at labor costs far below ours, sometimes for wages as low as $2 per hour, tariff- and duty-free. We cannot compete with these labor costs, so we must outsource our manufacturing or see our factories go bankrupt. The U.S. is rendered noncompetitive as the middle-class jobs we once depended on are sent overseas, further adding to the unemployment rate.
We left our economy completely unprotected in an economic war being waged against us that is destroying our economy and country. Free trade should be more accurately called “freedom for other countries to undercut and destroy American domestic production” because in practice that is what is happening. This is an undeniable fact that should be obvious to any consumer or business in this country. Very little of what is consumed here is made by American owned companies operating in America.