It’s no surprise to most Americans that the economy is struggling. Unless you are part of the corporate elite, things are not going well. Time and again we have been told by our leaders that they are working to help the middle class. But in reality our nation’s leaders are serving the one percent.
Tag Archives: Manufacturing
“Free trade” means unrestricted, uncontrolled access to our economy, tariff- and duty-free, for goods made for $4-per-hour or less. The U.S. cannot compete with these wages so we are forced to choose between going bankrupt, outsourcing nearly all of our manufacturing or simply selling out.
The North American Free Trade Agreement, known as NAFTA – a “free trade” agreement implemented in 1994 – was the first of these agreements designed to export American sovereignty and the U.S. economy. The results have been truly disastrous for the United States.
To understand how NAFTA works, imagine Congress did the following for only one American state:
- Dropped the minimum wage to $3 per hour
- Exempted them from child labor laws
- Expanded the work week
- Reduced health and work place safety laws
- Banned unions
Wouldn’t the other 49 states thinks this was unconstitutional and absolutely ridiculous!?
This is exactly what is happening right now, not with any of our states but with Mexico and Canada from the time NAFTA was passed. It has impacted the lives of American workers in catastrophic ways and has all but destroyed manufacturing in the United States. As a result, our best companies have left our borders to take advantage of lower wage rates, the non-existent environmental standards, lack of workers’ rights and more.
NAFTA was passed despite the warning it would result in American jobs being outsourced. What’s worse, our leaders have shown no signs of cutting ties with the harmful “free trade” agreement in spite of the devastation it has done and continues to do to our economy. Our manufacturing base is now in a state of massive decline.
“Free trade” agreements like NAFTA have made it virtually impossible for U.S.-based manufacturers to compete in the global marketplace due to the explosion of cheap, foreign-made products and imports flooding our markets. When manufacturers cannot compete, they’re forced to either close up shop or outsource their businesses. This results in job-losses for the hardworking American laborer. NAFTA is actually encouraging manufacturers to operate outside of the United States, and take our jobs with them.
In order to restore our economy, our leaders in Washington must eliminate our ties to this job-killing agreement.
After suffering through decades of failed policies on trade, we are once again faced with another “free trade” agreement. The U.S. is currently negotiating a the Trans-Pacific Partnership (TPP). The TPP is poised to become the largest “free trade” agreement ever encompassing nearly 40 percent of our economy. The TPP has been negotiated in secret – except for 600 corporate advisors who get to see the text and work with the negotiators.