22 Stats That Show How The Emerging One World Economy Is Absolutely Killing American Workers

For decades our politicians have promised us that the "free trade" agenda would bring us greater prosperity than ever before.  They insisted that merging our economy into the emerging one world economy would cause millions upon millions of new jobs to be added to the U.S. economy.  Unfortunately, it was all a giant lie.  Trading with other countries is not a bad thing as long as the level of trade is fairly equal on both sides.  When trade becomes very unequal, the consequences can be absolutely catastrophic.  Since 1975, the United States has bought more than 8 trillion dollars more stuff from the rest of the world than they have bought from us.  We are the only economy on earth that could have had 8 trillion dollars drained out of it and still be standing.  Instead of leaving the country, those 8 trillion dollars could have gone to U.S. businesses and U.S. workers.  If we could go back and have a "do over", how much more prosperous would we be today if we had kept that 8 trillion dollars inside the country?

But instead of pursuing a balanced trade philosophy, our politicians were so enamored with the emerging one world economy that they threw all caution to the wind.

So we have lost tens of thousands of businesses, millions of jobs and trillions of dollars of our national wealth.

And this emerging one world economy is absolutely killing American workers.  It lumps them into a global labor pool with workers in other countries where it is legal to pay slave labor wages.

Just think of it this way.  Imagine that you are a giant corporation that makes "widgets".  You can make them in the United States, but you would have to pay your workers about $10 an hour, provide them with a whole bunch of benefits, pay very high taxes, and comply with a dizzying array of laws, rules and regulations.

Or, you could set up shop on the other side of the world where you could pay your workers a dollar an hour.  Those workers would receive no benefits and you would have to deal with very little red tape.

Which would you choose?

The "giant sucking sound" that Ross Perot once warned us about has become a reality.  Big employers are competing with one another to see who can outsource jobs the fastest, and American workers are the big losers in all of this.

As I wrote about the other day, right now there are some American workers that are actually personally training their replacements from overseas how to do their jobs.

If nothing is done about this, jobs are going to continue to pour out of high wage countries such as the United States and into low wage countries on the other side of the globe, and big corporations are going to keep laughing all the way to the bank as unemployment in America gets even worse.

The following are 22 stats that show how the emerging one world economy is absolutely killing American workers....

Continue: http://theeconomiccollapseblog.com/archives/22-stats-that-show-how-...

Views: 39

Comment

You need to be a member of 12160 Social Network to add comments!

Join 12160 Social Network

"Destroying the New World Order"

TOP CONTENT THIS WEEK

THANK YOU FOR SUPPORTING THE SITE!

mobile page

12160.info/m

12160 Administrators

 

Latest Activity

Doc Vega posted blog posts
12 hours ago
tjdavis posted a photo
12 hours ago
Less Prone commented on tjdavis's video
Thumbnail

"The Chinese thought it was an elaborate joke" | Helen Joyce

"It is so ridiculous and sad how we are being manipulated to accept all this nonsense. "
15 hours ago
Less Prone favorited tjdavis's video
15 hours ago
tjdavis posted a video

Afroman - Hunter Got High (Official Video)

Support Afroman and what this video is about by buying HUNTER GOT HIGH merch! LET PEOPLE KNOW HOW YOU FEEL! https://basterecords.com/pages/artists/afroman-me...
17 hours ago
Burbia commented on tjdavis's video
20 hours ago
Burbia commented on KLC's group MUSICWARS
21 hours ago
Burbia posted videos
yesterday
Burbia commented on Burbia's video
yesterday
Burbia commented on Sandy's video
Thumbnail

'Then CBS Fired You?': Jim Jordan Questions Catherine Herridge About Reporting On Biden, Hunter

"How many compartments of the government are blatantly corrupt? The 1st Amendment is constantly…"
yesterday
Doc Vega posted blog posts
yesterday
Sandy posted photos
yesterday
tjdavis commented on tjdavis's video
Thumbnail

Judge Joe Brown Just LEAKED JAW DROPPING Info About Diddy's Case

"Best Legal Explanation Of The Trump Trials about a minute in."
yesterday
tjdavis posted videos
yesterday
tjdavis posted photos
yesterday
tjdavis favorited Doc Vega's blog post Welcome Back to the Hive
Saturday
Doc Vega posted blog posts
Saturday
Less Prone commented on tjdavis's photo
Thumbnail

iconism

"Germany remains a country under military occupation by its conqueror. US has 21 military bases and…"
Saturday
Larry Harmen's 2 blog posts were featured
Saturday
Doc Vega's 5 blog posts were featured
Saturday

© 2024   Created by truth.   Powered by

Badges  |  Report an Issue  |  Terms of Service

content and site copyright 12160.info 2007-2019 - all rights reserved. unless otherwise noted