The problems with the American economy are easily explained when we look at the so-called “plans” coming from Washington. While Republicans sit at home and Democrats gripe that their solutions for a stronger economy are a compromise, both parties ignore what got us in the economic mess we are now in: “free trade”.
Tag Archives: NAFTA
One of the concerns facing the United States today is that we no longer manufacture what we need to sustain ourselves. We rely on imports and absurd amounts of debt to sustain our standards of living and consumption. Our leaders have also fallen into the bad habit of selling off our most valuable assets and profitable companies to over-seas interests.
They say that those who do not learn their history are doomed to repeat it. This certainly seems to be the case with our political leaders who, after two decades of North American Free Trade Agreement (NAFTA), are negotiating more “free trade” agreements. This despite the fact that the lessons to be learned from NAFTA are clear and should steer us away from “free trade”.
Our “free trade” policies have allowed other countries to use unfair tactics to put our industries out of business. Theoretically these nations are committed to opening their markets to our goods – but they are not as foolish as we are to allow that to happen in an uncontrolled way.