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U.S. Economy DEAD! Recession Will Become DEPRESSION!

David Quintieri
David Quintieri - 197 Views
31
197 Views
Published on 21 May 2018 / In News and Politics

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Over 100 Million Now Receiving Federal Welfare
The promised trade surpluses with Mexico turned out to be deficits, some hundreds of thousands of jobs were lost, and there was downward pressure on US wages
More than 845,000 specific U.S. workers have been certified for Trade Adjustment Assistance (TAA) as having lost their jobs due to imports from Canada and Mexico or the relocation of factories to those countries
The average annual U.S. agricultural deficit with Mexico and Canada in NAFTA’s first two decades reached $975 million, almost three times the pre-NAFTA level.
factory jobs in the 1980s. Back then, manufacturing accounted for about 20% of all jobs in the country. Now it accounts for less than 9%.

Sources:
http://www.weeklystandard.com/....blogs/over-100-milli
http://www.theguardian.com/com....mentisfree/2014/jan/
http://www.citizen.org/documents/NAFTA-at-20.pdf
http://www.politifact.com/ohio..../statements/2011/nov
http://money.cnn.com/2013/11/2....1/news/economy/men-j
http://theeconomiccollapseblog.....com/wp-content/uplo
http://research.stlouisfed.org..../fred2/series/EMRATI
http://research.stlouisfed.org..../fred2/series/LNS123

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DarkTheNoble
DarkTheNoble 6 years ago

The only way to fix this is to cut taxes and get rid of minimum wage

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