“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.
Tag Archives: Outsourcing
Unfortunately for us, many of our “free trade” agreements have resulted in closed factories, soaring unemployment, and some communities engulfed in misery.
“Free Trade” is a Disaster! When will we wake up to the realization that some of the agreements we have signed—most specifically our agreement with the World Trade Organization (WTO) and our agreement with Canada and Mexico, the North American Free Trade Agreement (NAFTA)—are preventing us from doing what is in our best interests? Currently, we are being controlled and directed–told what to do–by other nations, for their benefit and to our detriment. Our current direction in so-called “free trade” is not just hurting us–it is destroying us.
Our nation loses 14 manufacturing plants per day and has lost over one-third of its manufacturing jobs over the last dozen years. The United States used to be a wealthy country, not one buried in debt. We accumulated abundance through most of the twentieth century, as we were a very productive country whose wealth derived to a great extent from manufacturing. Our companies invented and produced many of the things we needed and much of what the rest of the world needed.