The United States is facing economic disaster on a scale few nations have ever experienced. Most people are unaware of the easily observable signs of this crisis, where it came from and how to stop it. While we persist in our superpower mentality, we have quietly become a second-class country in many respects.
Tag Archives: korus
The North American Free Trade Agreement has been nothing but a disaster for the U.S. Just by taking a look at the auto industry, we see how thousands, if not millions, of auto jobs have been shipped down south. Here in the U.S., the lowest paid autoworkers make $38 an hour with benefits. That is roughly four more times than the average auto worker in Mexico. It is no wonder that Mexico is the most attractive place in North America to build auto factories.
Just how many economy-killing “free trade” agreements is our so-called Commander-in-Chief going to sign America up for? It should be noted that “free trade” agreements in the past haven’t exactly played out to the benefit of the average American.
If an enemy was seeking to hire someone to destroy America he might have hired the political leaders who created the foreign, undemocratic World Trade Organization (WTO), job killing North American “Free Trade” Agreement (NAFTA), the disastrous Korean-U.S. “Free Trade” Agreement (KORUS FTA) and the pending unholy trinity of trade agreements – the TPP, TTIP and TISA.
The multinationals who pushed and fought for “free trade” agreements are now complaining that they aren’t truly working. Economy in Crisis, alongside several other groups and organizations who have been fighting against free trade agreements just want to give a big fat “we told you so” to them.