Tag Archives: NAFTA

The North American Free Trade Agreement (NAFTA) in Perspective

“Free Trade” Has Destroyed the American Economy as We Knew It

Closed Factory

“Free trade”  has essentially led to the most massive wealth transfer in the history of the world. The United States has not witnessed a trade surplus since 1975, and since then trillions of dollars have been lost through trade deficits caused by “free trade” on our end and protectionism on the other. The most significant flaw with all of our “free trade” agreements is that they are impossible to enforce, and because of this competition is impossible. “Free trade” depends on the premise that all countries will play by the same rules. However, in the real world, assuring that this occurs is incredibly expensive, time-consuming and inefficient to contest.

Service Sector Jobs Make It Difficult To Even Eat At McDonalds

McDonalds

U.S. restaurants are planning boosting prices 2 percent due to the pressures of rising beef, cheese, and pork prices. However this is causing major declines in sales due to people being price sensitive and not being able to afford higher meal prices. “If you encourage and kind of seed the notion that you can come in for a couple bucks and get some food, and then you can’t do that anymore, there’s bound to be a reaction,” said John Gordon, an adviser to restaurants and franchisees.

Many American’s Don’t Trust So Called “Free Trade”

freetrade

Usually, anything with the term “free” on it has a positive connotation: free cookies, free appetizer, free purse with the purchase of any item over $45, this salad dressing is fat free. However, using the example of “fat free,”when we ran some studies on supposed “fat free,” we found nasty results. Fat free use to be this great, healthy thing for our bodies and it turned out being the total opposite.

The Wealth Gap in the U.S. Continues to Widen

poor

The average income for the bottom 90% of Americans is just $31,244. Over several decades now wages have staggered and shrunk. While many are pushing for a minimum wage increase to fix this wage inequality in our country, the real solution is to fix our economy through sound trade policies.

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