Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: 1rudeboy
"Incorrect. Increasing trade deficits are correlated with an expanding economy. That’s just the way it is . . . you can claim that the correlation is not causal, but you cannot claim the opposite of the truth."

Opposite of truth? Here's the truth:

Free trade agreements have changed our economy from one in which a major portion of GDP was from actual production (mining, raising livestock, growing crops, manufacturing), to one in which most of our GDP is derived from financial and other services, plus government spending, with much lower REAL production.

Free trade agreements are a form of wealth distribution but between nations where the commodity being traded is human labor. We want cheap goods, so we export our jobs to comparatively low-wage-paying nations, then import their products with low or no tariffs.

Bottom line is that every free trade agreement we've signed has resulted in lower actual production in the US and fewer jobs in all sectors of production industry. We get a gain in service jobs in return. We've also gotten tons and tons of imported labor and a major illegal alien problem which exploded after NAFTA was passed.

Why is Germany the strongest economy in the Euro-zone? To quote Merckel when she was asked by Britain's PM why Germany's economy was so strong: "Because we still MAKE things."

The truth is that production of goods makes for a strong economy. Destroy your actual and real production and you will eventually destroy the country.

9 posted on 03/15/2012 6:26:05 AM PDT by apoxonu
[ Post Reply | Private Reply | To 8 | View Replies ]


To: apoxonu
Queestion for you: does the United States produce more now, or did it produce more during the period of your choice (say, the 1970's, or whenever your "pre-" free trade era begins)?
10 posted on 03/15/2012 6:28:59 AM PDT by 1rudeboy
[ Post Reply | Private Reply | To 9 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson