Many people are looking to the future hoping to see promise for America. Unfortunately dark clouds are on the horizon. Here are a few concerns we see with the economy this year.
Tag Archives: NAFTA
America was once a prosperous country that was looked upon with envy by foreign nations. In the 1950s our economy was strong and the future looked promising. Our infrastructure was expanding and industrial production was booming. Clearly, we were on the right path. In the past, we produced over 90% of the goods we consumed. Our survival depended solely on the strength of our citizens—the way it should be.
Back on July 18, 2013 the city of Detroit filed for Chapter 9 bankruptcy. Detroit is now seeing a little life, but the city is far from where it once was. Once the wealthiest city in America, known as the “arsenal of democracy,” Detroit was the fourth largest city in the U.S. in the 1960s with a population of two million. Now it has become an example of everything that is wrong with the American economy, Detroit has become nothing more than a devastated landscape of urban decay with a current population of 714,000 whose unemployment rate at the height of the recession was as high as 29 percent, and has only decreased due to the rapidly decreasing population.
Looking back at the year 2013, 631 people became ill due to veggies and cilantro coming from Mexico. These veggies landed in grocery stores across the U.S. and onto our dinner plates infected with cyclospora. In addition, 84 people became ill due to cucumbers containing salmonella coming from Mexico. How is it possible that we aren’t filtering these vegetables out?
The disastrous “free trade” inspired policies enforced through NAFTA and the WTO have led to the destruction of America’s independence. Our jobs have been sacrificed and our unilateral trade deals have created conditions that make it impossible for us to compete. These policies have led to the bankruptcy or sell-off of tens-of-thousands of American companies. Throughout the past 30-plus years America’s consumer-based relationship with the rest of the world has led to the complete annihilation of our manufacturing infrastructure.