Free trade policies have unfortunately become the exception rather than the rule in the United States. Politicians from both parties now push them on the American people. They have become so standard that they now encounter little resistance in Washington, while Americans in the rest of the country reel from their devastating effects.
Tag Archives: Jobs
While many politicians blame the lack of jobs on the federal budget deficit, it is actually America’s trade deficit that is the root of many of our problems. The U.S. is still millions of jobs behind where it was when the Great Recession started, and now has less people employed than in 2001. The economy has been unable to create jobs due to America’s massive trade deficit caused by failed economic policy.
We either develop plans for growth or we fall by the wayside and beg China to install our solar panels and other green industries.
New sources of clean energy will be a crucial part of the world economy in coming years. With traditional sources of energy becoming increasingly expensive, the value of this market can only be expected to increase. With this growth, there has been a lot of talk about the new jobs that are possible in the industry.
Free trade agreements have been detrimental to the United States’ economy. This is partially because when we negotiate a free trade agreement, we don’t just open our borders to domestic manufacturers in one country. Instead, that country becomes a portal for other countries to get their goods into the U.S. market.
As is the case with most glaring economic issues, the general public tends to turn a blind eye to the trade deficit. Can you blame them? Average Americans have enough trouble balancing their own checkbooks, let alone finding a solution to an abstract debt that eclipses their own mortgage by trillions of dollars.