A documentary on the well known tale of the rise and fall of Detroit, as it pertains to the free trade market.
Tag Archives: Unemployment
Jeb Bush, one of the GOP candidates for the Presidential seat and brother of George W. Bush announced in July that what America needs is to work longer hours. However, a poll done in 2014 found that many Americans reported working full time, an average of 47 hours a week! In addition, 4 in 10 work at least 50 hours a week. What America needs is to have better jobs with higher wages, not to work longer.
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.
We keep hearing from the media how great the U.S. economy is doing. We hear that unemployment rates are at an all time low, the companies are hiring left and right, that productivity is up, and that the Federal Reserve is even planning on raising interest rates. Now, that is great and all, except for the fact that the wealth gap keeps growing and growing. The rich are only getting richer while the poor continue getting poorer.
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.