hvactec
VIP Member
October 14, 2013
Signs of our economic decline are everywhere. From closed-down manufacturing plants to our high unemployment numbers, it is no secret there is something very wrong going on in our country. One of the primary culprits behind our economic crisis? Free trade. It is our unfair free trade agreements with other countries such as India that have led to our current crisis. Indias predatory trading practices are resulting in the off-shoring and outsourcing of U.S. jobs through the use of visas, and the U.S. is facing an alarming decline in high-paying, professional jobs here at home.
India has spent much of its existence as one of the richest countries in the world. However, as they became colonized during the late eighteenth and early nineteenth centuries, that wealth dissipated to be replaced with crushing poverty. The British Empires implementation of free trade into Indias economy did nothing to combat the poverty; in fact, it fueled it.
As J.R. Martin explains in his book, Selling U.S. Out, during the span in which colonization and the implementation of free trade occurred, India was transformed from an exporter of processed goods to being an exporter of raw materials and an importer of manufactured goodsjust like what is happening with the free trade agreements between the United States and China.
India underwent a change soon after the fall of the Iron Curtain and collapse of the Soviet Union, though. India became closer to the U.S. and thus began to steer their economic practices towards capitalism. In the 1990s, they experienced full-blown economic liberalization that resulted in a new national economic strategy that has proven disastrous for the U.S. economy.
read more India: Quietly Destroying the U.S. Economy | Economy In Crisis
Signs of our economic decline are everywhere. From closed-down manufacturing plants to our high unemployment numbers, it is no secret there is something very wrong going on in our country. One of the primary culprits behind our economic crisis? Free trade. It is our unfair free trade agreements with other countries such as India that have led to our current crisis. Indias predatory trading practices are resulting in the off-shoring and outsourcing of U.S. jobs through the use of visas, and the U.S. is facing an alarming decline in high-paying, professional jobs here at home.
India has spent much of its existence as one of the richest countries in the world. However, as they became colonized during the late eighteenth and early nineteenth centuries, that wealth dissipated to be replaced with crushing poverty. The British Empires implementation of free trade into Indias economy did nothing to combat the poverty; in fact, it fueled it.
As J.R. Martin explains in his book, Selling U.S. Out, during the span in which colonization and the implementation of free trade occurred, India was transformed from an exporter of processed goods to being an exporter of raw materials and an importer of manufactured goodsjust like what is happening with the free trade agreements between the United States and China.
India underwent a change soon after the fall of the Iron Curtain and collapse of the Soviet Union, though. India became closer to the U.S. and thus began to steer their economic practices towards capitalism. In the 1990s, they experienced full-blown economic liberalization that resulted in a new national economic strategy that has proven disastrous for the U.S. economy.
read more India: Quietly Destroying the U.S. Economy | Economy In Crisis
