Last Thursday President Obama called for a long-term investment in highway, port and other infrastructure programs during a visit to Wilmington, Delaware. Our infrastructure has been decaying for some time now. As we see bridges collapse and roads fail, we realize we must act now to rebuild and upgrade our infrastructure.
Tag Archives: Manufacturing
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.
“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.
Instead of fair trade, America has turned to “free trade” as its dominant trading policy. This is like turning from milk to gasoline in your drinking policy. “Free trade” has taken America from the world’s superpower to a second-rate nation and it’s getting worse. Here are eight ways in which “free trade” is killing our economy.
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. When will we wake up to the realization that some of the agreements we have signed, most specifically NAFTA, KORUS and our agreement with the WTO, are preventing us from doing what is in our best interest?