“Free trade” agreements have flung America’s import-door wide open, and the repercussions are disastrous. Our economy is suffering greatly due to the explosion of foreign-made products flooding in. These products are manufactured overseas for $4 per hour or less, or in first-world nations that protect themselves with a value-added tax – the modern tariff. At such a low cost of labor and with other protectionist measures we do not have, they represent unfair competition for American-based manufacturers.
Tag Archives: Manufacturing
We are being controlled and directed – told what to do – by other nations, for their benefit and to our detriment. Our direction in so-called “free trade” is not just hurting us – it is destroying us. One look at our condition and direction will clearly show we are in a mode of self destruction.
In the 1950’s, 30% of the American workforce was employed in manufacturing—almost one in three jobs. This country was a manufacturing superpower; we were the world’s richest and most productive country. By 1994, approximately one in eight Americans had jobs in manufacturing. Now only 9% of jobs in the United States are in manufacturing.
There was a time when we protected our nation and had an economic plan. Because of this plan we became one of the strongest nations on the earth. Much has changed and if we do not work for our best interest we will lose what little is left of our economic strength. Our downfall has not been mere chance it has been a result of an economic war China has waged on the U.S.