The United States used to be a nation whose population, through hard work and sound policy, grew wealthier over time. Now, we are a nation whose middle class has nearly disappeared, whose workers’ wages have stagnated, and whose plutocrats become greedier and wealthier with each passing year.
Tag Archives: Unemployment
Our Economy is in Crisis. Many see the physical evidence by walking down the streets and seeing a homeless family, or seeing a beggar. Some see it in the run down streets of Detroit with empty factories and run down homes. However, more people fail to see the crisis in our youth who are burdened down with an infinite amount of student loan debt.
Our recent economic crisis has led us to wonder what our country is coming to. After decades of failed “free trade” policies, we are on unstable ground. The manufacturing base of our once-great economy has been sold off to foreign interests, who have in turn shipped the jobs overseas.
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.