The longer the United States runs a trade deficit, the more damage we do to our country. Our massive trade deficit is sending hundreds of billions of American dollars overseas every year. Our “free trade” deals have put our manufacturers out of business, and they have made the American public reliant on foreign producers to meet their everyday needs. As we spend more money on foreign goods, there is less money available to be reinvested in American manufacturing.
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As President Obama continues his crusade to gather support for his pet project, the Trans-Pacific Partnership (TPP), one thing is becoming increasingly clear as more and more is revealed about the highly secretive, damaging “free trade” agreement — the TPP will threaten the existence of the “Buy American” movement.
China is using our ailing economic condition to their benefit. While jobs here in the United States continue to be lost and our trade deficits and national debt continue to rise, China is booming.
Our leaders consistently pursue new “free trade” deals despite the fact that our previous deals have been abject failures.