DelMarVa's Premier Source for News, Opinion, Analysis, and Human Interest Contact Publisher Joe Albero at alberobutzo@wmconnect.com or 410-430-5349
Popular Posts
▼
Saturday, January 12, 2013
So-Called Free Trade Is Destroying Our National Manufacturing Base
According to a new report by the National Bureau of Economic Research, free trade relations with China, beginning in 2000, are responsible for killing off 30% of the manufacturing jobs we had in this nation. You can see this decline in the raw numbers. Around 2001, there were 17 million manufacturing jobs in America. Today, that’s collapsed to 11.5 million. And, according to the Economic Policy Institute, nearly 3 million of those lost manufacturing jobs went directly to China since 2001. Thanks to so-called Free Trade, our "job creators" are exporting those crucial blue-collar jobs that once sustained a prosperous middle class, from the end of World War 2 all the way until the 1980’s. And without those jobs, Americans are forced into the minimum wage service sector, asking, “Would you like Fries with that?” or greeting people at the door saying, “Welcome to Wal-Mart.” This is exactly what the transnational billionaires who push for these trade agreements want. And until we drop out of these so-called free trade agreements, and once again begin protecting domestic manufacturing with tariffs or VAT taxes – the middle class will continue to shrink – and America will look more and more like a Third-World nation.
Duh, Ross Perot told us this would happen 20 years ago. The sheep voted for those who do the bidding of the super rich anyway. Would you like fries with that?
ReplyDeleteWhat the author of this post leaves out is that service sector jobs pay more than manufacturing jobs. No child wants to work in a factory when he or she grows up. They want to be a doctor or lawyer or teacher. All those professions are service sector jobs.
ReplyDeleteAlso, U.S. manufacturing output is higher today than it was 10 years ago. Yes, there are fewer jobs, but the U.S. manufactures more. It's not free trade that's killing manufacturing jobs; it's automation. These jobs aren't shipped to China, they are being done here by machines.