Sunday, May 26, 2013

Free trade no longer a good thing.

Let's see:
Free trade: 
1945 to 1960 fine idea.
The factories of Europe and Asia were blown to bits in WW ll so if you wanted any thing, it had to be made here. "made in japan" was an insult. Everyone was working.
Mom could stay home..life time employment. 
Free trade:
1960-1975 Hum..not so hot. 
The factories of Asia were turning out low priced clothes, tools, motorbikes radios and TVs. "Some of that jap stuff is not bad" Still, everyone had a small home and a chevy.
Free Trade: 1975-1990. Starting to work against us.
Japan and Korea control the market on low priced cars and TV's the clothing market is 95 % import..Jobs start to go over seas. People sing "God bless America" but buy by price. Good cars those toyodas
Free Trade:
1990-2010 We are losing:
NAFTA: Factories and their jobs gone across the border. Internet bubble bust. people
starting to move back home.
Free Trade:
2010- Now?
What is not made over seas?
Service jobs?
Not with millions of people unemployed and more tens of millions coming in.
College degree even in engineering? ...Sorry pal, the guys in India will design it for half price. Still that degree is not wasted..you can ask folks if they want that Burger in several languages.

CAN WE FIX IT?? YES. : )
.to be continued.

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