A silent war has been declared on America, an economic war that has destroyed a major part of our economy. Unfortunately, since Americans were unaware of this war, there has been no public outcry for protective measures. We have opened our shores and our markets with “free trade”, a consistently proven disaster in the modern international economy. Our “free trade” policies have succeeded in doing nothing more than allowing foreign countries to pick off our industries through predatory pricing, dumping and buyouts.
Tag Archives: Trade Deficit
Americans are deceived into believing they benefit economically from outsourcing, offshoring production and an unprecedented trade deficit. In reality, the United States giving up its wealth for plastic trinkets and outsourcing is the cause for rising poverty and joblessness all across the nation.
America is losing an economic war and doing little to stop it. We must do something to reverse this trend!
The United States is facing economic disaster on a scale few nations have ever experienced. Most people are unaware of the easily observable signs of this crisis, where it came from and how to stop it. While we persist in our superpower mentality, we have quietly become a second-class country in many respects.
For forty years now, our trade deficit has resulted in job losses, stagnant wages, massive foreign debt, and a decimated manufacturing industry. We are left with a weak middle class and an ear full of lies and false promises made by President Obama. He promised 1 million jobs and to this day he has not met his goal. America doesn’t make anything anymore because all of our manufacturing jobs have been shipped overseas. One by one we saw our factories disappear, leaving us with a trade deficit with other countries as we import more than we export.