I moved to
North Carolina in the early 90’s right after NAFTA was passed by the Clinton
Administration. Ross Perot’s prophecy
soon came to pass: a giant sucking sound of manufacturing headed south to
Mexico. It didn’t take long for the
textile and furniture manufacturers to pack their bags. Middle-class workers found themselves out of
a job and their cities turned into ghost towns.
Liberal rags estimate the number of lost jobs in
North Carolina at over 348,000 since the implementation of NAFTA. Companies such as Dell, Victaulic, Arrow
International, and Jobst are scheduled to close their operations and follow
suit.
The masterminds in the Clinton Administration
assured us that trade would balance out and we would experience growth. This turned out to be another pie-in-the-sky
fabrication. The U.S. trade imbalance
has been steadily negative along with job creation. The United States as a whole has lost 29
million jobs since the implementation of NAFTA and other disastrous trade
deals.
Common sense dictates that a first-world country
cannot compete with third-world hellholes especially when their government
nurtures a hostile environment toward private industry. The Obama administration has created a record
amount of regulations. Last year, the federal
registrar recorded 81,611 regulations.
That doesn’t include executive orders and memorandums from a president
that looks upon free enterprise as enemy territory. Federal regulations cost Americans nearly $2
trillion in the cost of goods and services, and that doesn’t include loss of
jobs.
The Democratic Party professes its loyalty to the
middle-class while hollowing it out. We’re
expected to accept this new normal they’ve created. You’d think Americans would wake up after
awhile.
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