While the condemnation of these trade agreements is most important, many other irresponsible and harmful economic policies are still being overlooked.
- American industries are being acquired by foreign companies at the fastest rate since 2000. This sends future technology, jobs, tax dollars, and profits abroad and will leave your children with a cloudy future. Where will they work and for which country’s benefit?
- The dollar is losing respect and its worth in the world, this is due to the burden on it by our unmanageable, and record-level $9 trillion national debt. This decreases the purchasing power of every dollar in your pocket and threatens America’s status as the world’s reserve currency. Without this status the standard of living of all Americans would immediately plummet.
- American manufacturing has lost 3 million high-paying jobs in the last five years, creating an economy temporarily propped up by unsustainable debt at all levels.
Also read this eye-opening article by Eamonn Fingleton summarizing the reasons for America’s present inability to manufacture competitively.
We must continue to raise awareness about problems affecting America and put pressure on our political leaders to do something about them. Contact your congressional representatives and use the information available on EconomyInCrisis that clearly shows we are developing the profile of a third world country: living on imports, heavily in debt and with a floundering manufacturing base.
Demand that we do what it takes to once again become an independent, productive and self-sufficient country. We should no longer be forced to rely on others for our sustenance, jobs, strength and living standard.
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