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: 48

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

tjdavis posted a blog post
18 hours ago
Doc Vega posted a blog post

The Latest Craze

Their demonic little waysThe news is just a biased arrayThe higher taxes they want you to…See More
Tuesday
cheeki kea commented on cheeki kea's photo
Thumbnail

A Banished Poet

"An interesting snippet from world poetry day this year to learn of the first poet excited from the…"
Tuesday
cheeki kea posted a photo
Tuesday
cheeki kea commented on Sandy's photo
Thumbnail

FB_IMG_1772349325558

"Good Point!  Our Indo European friends in Iran gave the devil a good write down ( and Jesus a…"
Tuesday
Doc Vega posted blog posts
Monday
Burbia's blog post was featured

How much money makes anyone have a god complex?

Trump makes a meme of himself as Jesus Christ. Soros says he fancied himself a sort of god.In 2004,…See More
Sunday
Less Prone favorited Burbia's blog post How much money makes anyone have a god complex?
Sunday
cheeki kea's blog post was featured
Sunday
Less Prone favorited Gordon Freeman's blog post Stupidity...
Sunday
Doc Vega's 6 blog posts were featured
Sunday
Less Prone favorited tjdavis's video
Sunday
Doc Vega commented on Doc Vega's blog post So you Don't Think Communist China is Buying Off the Democrat Party?
"Tragically funny how easily patriotism dissolves when money is involved! "
Friday
Doc Vega favorited tjdavis's blog post The Islamization of Texas and the Rest of the States
Friday
Doc Vega commented on tjdavis's blog post The Islamization of Texas and the Rest of the States
"Yes and they are at this time allowing Epic City, a muslim wet dream to be constructed near Dallas…"
Friday
Doc Vega posted a blog post
May 8
Burbia commented on tjdavis's blog post The Islamization of Texas and the Rest of the States
"Muslim celebration at Grand Prairie water park canceled after Gov. Abbott threatens to pull city…"
May 8
Burbia commented on tjdavis's blog post Reminder: The Bush Family purchased over 100,000 acres of land in Paraguay
"I guess with coming solar flares that sent societies underground before arrives in the near future…"
May 8
Burbia posted a blog post

'Showbiz' Don to Release Xenu Upon the Public

 New York Post says the other files will be released Friday. If there ever was a Disclosure from…See More
May 8
tjdavis posted a blog post
May 7

© 2026   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