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: 40

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 commented on cheeki kea's photo
Thumbnail

more lines

"He's damn lucky he hasn't been assassinated yet for all the death and destruction…"
6 hours ago
Doc Vega posted a blog post

Shadows from the Crevasse

  Haunted by shadows from the crevasse of memoriesA man who thought himself talented and…See More
6 hours ago
cheeki kea commented on cheeki kea's photo
Thumbnail

more lines

"This sad puppet learning his lines has ruined his country, its population and its future and now he…"
8 hours ago
Burbia favorited Burbia's video
12 hours ago
cheeki kea posted photos
yesterday
rlionhearted_3 posted photos
yesterday
Doc Vega posted blog posts
yesterday
rlionhearted_3 favorited Sandy's photo
yesterday
rlionhearted_3 commented on Sandy's photo
Thumbnail

Screenshot_20250505-172225~2

"Hunter Biden fucking filmed himself with children and drugs!!!!!"
yesterday
rlionhearted_3 commented on Sandy's photo
yesterday
Less Prone favorited Sandy's photo
Wednesday
tjdavis posted a photo
Wednesday
tjdavis posted a video

2073 - Official Trailer

It’s the year 2073, and the worst fears of modern life have been realized. Surveillance drones fill the burnt orange skies and militarized police roam the wr...
Wednesday
Doc Vega posted blog posts
Tuesday
Doc Vega favorited cheeki kea's blog post The Decades of Evidence SSRI Antidepressants Cause Mass Shootings
Tuesday
Doc Vega commented on cheeki kea's blog post The Decades of Evidence SSRI Antidepressants Cause Mass Shootings
"We have American soldiers coming home from serving in the Middle East under 14 different…"
Tuesday
cheeki kea posted a blog post
Tuesday
Sandy posted a photo
Tuesday
Doc Vega posted blog posts
May 4
Sandy posted videos
May 2

© 2025   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