Tag Archives: Manufacturing

5 Reasons the United States Must Get Out of NAFTA Now!

NAFTA

When NAFTA (North American Free Trade Agreement) was passed, many people feared the worst. The results have indeed been disastrous for the U.S. Economy:

  1. The trade deficit with Mexico has exploded
  2. Mexican wages remain nearly as low as they were prior to NAFTA and are still a small fraction of our average wages
  3. Wealth and power has not filtered to the people. Most of Mexico is still controlled by less than 100 corporations in Mexico
  4. Many of our other trading partners have relocated facilities to Mexico to circumvent other trade agreements with the U.S.
  5. American manufacturing has lost 1 million jobs in the past 20 years as U.S. companies have also moved to Mexico for lower wages and lax regulation

Free Trade Has Failed Because It’s Neither Free Nor Fair

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The United States has not had a trade surplus since 1975. Over $8 trillion has been lost through trade deficits between 2000 and 2014 alone. This is caused by “free trade” on our end and protectionism on the other. “Free trade”  has essentially led to the most massive wealth transfer in the history of the world.

Why American Energy Independence Makes Sense

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In 2013, the United States spent over $300 billion on importing oil. Essentially two-thirds of the country’s entire annual trade deficit can be blamed on oil imports! Oil is sucking hundreds of billions of dollars a year out of the U.S. economy. If we became energy independent, our trade deficit would be cut tremendously. Not only that but our money could begin to go to American-owned energy producers.

9 Disastrous Ways the TPP Will Affect Your Daily Life

tpp

The White House and corporatists in Congress passed fast track trade authority to railroad the massive Trans-Pacific Partnership (TPP) through Congress. This awoke a sleeping giant of citizens upset about how it passed and what the TPP would do to America, making the TPP and hot topics for the 2016 elections. Why did they need fast track so badly? Because without it, the TPP wouldn’t stand a chance at passing. With history showing how “free trade” agreements have failed us and the devastating effects of the WTO, this comes as no surprise.

Renewable Energy Manufacturing Could Cause an Economic Boom

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The country’s largest solar panel factory is just about to open near Buffalo River in New York. This is causing a major economic boom in the state because of jobs and savings on energy cost across the state. The jobs opening aren’t just jobs at the factory but also companies moving to the state in order to use the cheap clean power.

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