Warren actually understands this is another trade bill that means more American jobs lost while putting more of the national wealth in the hands of Wall Street and the multinational corporations. The Republicans have fallen in line with their masters at the Chamber of Commerce and will approve whatever Obama sets in front of them. It is a sad day when American middle class workers must depend on a socialist like Elizabeth Warren to defend their economic interests. The world has truly turned upside down.
Not one of the “free trade” bills passed in the last 25 years, nor our participation in the WTO, has resulted in a net increase in employment in the USA or an increase in the standard of living of the average American. Cumulatively these trade bills have resulted in the deindustrialization of America, the decline of the middle class, a decline in the standard of living go the average American, more concentration of national wealth in a few hands, and absolute control of both political parties by the wealthiest of the 1%.
The founding fathers’ definition of free trade was the freedom of merchants to trade with any country. It had nothing to do with tariffs. In fact the founders and those who followed them consistently maintained high tariffs to allow US industry to develop, as well as fund the federal government. The decline in the American economy, the American industrial base, and the well being of the average working American has coincided with the lowering of tariffs and offshoring of what was the world’s strongest manufacturing economy.
End the 25 year experiment with “free trade” now. Put a 30% tariff on every imported good and service. Eliminate the corporate income tax on profits derived from manufacturing inside the USA with USA source raw materials and components. Watch the US economy boom. Watch the Chinese economy crash. Our nationalist founding fathers were smart people and visionary builders who dreamed of prosperity for their nation and its people. The Bush/Clinton/Bush/Obama globalist redistributionist cabal that has been running our country since 1988 is smart and destructive with the goal of creating one world government and redistributing the national wealth of the USA to other nations, and resettling the populations of the third world in the USA. Let’s return to the original vision of national prosperity, not global redistribution.
Soul of the South for President!