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.
Tag Archives: NAFTA
The United States is at a crossroads where serious consideration must be given to what economic road we will go down. Will our leaders drag us down this business-as-usual route, replete with job losses, outsourcing, and sky-rocketing trade deficits? Or will we finally get a change of pace and begin to explore solutions for economic recovery and trade reform?
“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.