Go get a bullet to bite on because this is painful.
I am not a stock broker, politician, or anyone else that has a reason to pull the wool over your eyes. I am just a poor slob that can see what happened and I am disgusted enough to tell it.
Let’s say the problem started with NAFTA (North American Foolish Trade Agreement), after all we have to start somewhere and I don’t have enough time to go all the way back to the Revolutionary War.
When those in the government passed NAFTA they assured foreign workers an advantage over americans. They did this under the guise of free trade: that free trade was fair to all. However workers in South America do not have the same standard of living enjoyed in the US. So anything that is made in the US can be made cheaper in South America.
Just after NAFTA was passed our exports to Mexico and South America increased dramatically: they were buying machine tools and equipment in order to build manufacturing plants. These facilities, when complete would manufacture goods cheaper than plants in the US. In other words they were only buying from us what they needed to take our jobs.
You have to ask yourself why your own government would pass such a bill; at least I have to ask myself. Was it complete incompetence? Or was it because those who were suppose to protect Americans had investments in manufacturing business that could benefit from much lower labor costs. Whatever caused the government to pass the bill it is obvious that it was not in the interest of the people of the United States.
If that was not bad enough they gave China “Most favored Nation” status. China is a socialist government that is trying to become the largest super power in the world. China would like nothing more than to ruin our economy: and they have.
You see it is really very simple. There is nothing made that can not be made cheaper in China. So in passing just two bills our own government has totally destroyed the middle class of the US. If you work in any manufacturing job in the US and haven’t lost your job yet, you will; it is just a matter of time as anything made can be made cheaper in China. (I told you to bite a bullet, didn’t I?)
You want a laugh? We are supposed to compete with those who make a few dollars a day and yet manufactures in the US must pay minimum wages! The bottom line is, though we must compete, it is illegal!!! Well, it is a laugh, but a bitter one.
We are just beginning to see the result of what I would call a criminal act. The housing industry can not sell a house because no one can buy a house working at a fast food restaurant and those kinds of jobs are all that is left. Nor can the car manufactures sell cars, for the same reason. It should be apparent that interest rates mean nothing to someone who has no job. Who is going to loan money to someone with no job?
Is it any wonder the stock market is in turmoil? You don’t get something for nothing so the logical result of a stronger “world economy” is a weaker US economy.
My friends I don’t have a solution to the problem. Everyone keeps telling me that if I don’t like the government to vote, but we just get a new set of politicians and they do the same things the others did. This government is of the people, by the people, and for the people and those people would be the ones in charge, not poor slobs like me.