Unfortunately for us, many of our “free trade” agreements have resulted in closed factories, soaring unemployment, and some communities engulfed in misery.
Tag Archives: Outsourcing
“Free trade” would more accurately be called “freedom for other countries to undercut and destroy American domestic production” because in practice that is what is happening. This is an undeniable fact that should be obvious to any consumer or business in this country. Very little of what is consumed here is made by American-owned companies operating in America. This was not formerly the case, and it was not how the wealth of this country was created.
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.
As this year’s college graduates prepare to pay back their student loans, many are concerned and left with questions as to exactly how they will pay them back. Before taking out a student loan, students and their parents must go through extensive hours of reading up on exit counseling and how one pays their loans back. However, during these sessions, it is never once mentioned how difficult it will be to pay them back.