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

Sandy posted photos
2 hours ago
Sandy posted videos
2 hours ago
tjdavis commented on tjdavis's video
10 hours ago
tjdavis commented on tjdavis's video
10 hours ago
tjdavis posted videos
11 hours ago
cheeki kea commented on cheeki kea's photo
Thumbnail

Both True.

"You're on to it Doc V, China wants a slice of the ice although they have no historical…"
20 hours ago
cheeki kea commented on cheeki kea's photo
Thumbnail

Can it get any Sicker !

"Sick, sad, gut wrenching and true. It is understandable why so many families are fleeing Britain…"
yesterday
cheeki kea posted a photo
yesterday
Snakedaddy favorited Parrhesia's photo
yesterday
Doc Vega posted a blog post

What is Reality? Ask Doctor Steven Greer

So, what is the mystery drone sightings all about? We’re going to have to jump down a rabbit hole…See More
yesterday
Doc Vega favorited Sandy's video
Wednesday
Doc Vega commented on Sandy's video
Thumbnail

THE FALL OF THE CABAL by Janet Ossebaard & Cynthia Koeter (THE SEQUEL) Part 9

"And there are the atheists who say there's no such thing as the Devil."
Wednesday
tjdavis posted videos
Wednesday
cheeki kea commented on cheeki kea's photo
Thumbnail

Prime clown idiot of the year.

"Wow the Pause button for this circus just got hit. Prime clown silenced his own self right out of…"
Tuesday
tjdavis commented on tjdavis's video
Tuesday
tjdavis posted a video

In The Year 2525 - Groove Guild feat. Jean Rohe

Master recording by Groove Guildwww.grooveguild.comSocial handles - @GrooveGuildAll visuals by Sarofskywww.sarofsky.comSocial handles - Instagram - @Sarofsky...
Tuesday
tjdavis posted a blog post
Tuesday
Doc Vega posted blog posts
Monday
Doc Vega commented on Doc Vega's blog post Veiled Aggression
"Keisha Ruan I guess I misunderstood your sarcasm. Please do more content."
Monday
Doc Vega commented on Keisha Ruan's blog post The Alienadox – by Kaiya
"Yes a witty way to put it !"
Monday

© 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