Wednesday, June 30, 2010

Does trade data lie?


My Republican party won't stop running its mouth about free trade. The theory is that trade agreements with other countries will boost our trading and bring more economic activity and jobs to our country. So, how's that working out for America?

It's not working worth a crap. And someone needs to step back and use some common sense. We've given away our manufacturing base to China. We make little to nothing in our country now. We're stuck in this box where we get just about all our manufactured goods off a line where Chinese workers are paid a couple hundred dollars a month to work 7 days a week and 10 to 12 hours a day. We can't compete against that. We make nothing in our country. And our unemployment lines continue to swell.

Take some time and actually look at the trade data. From about a $100 Billion annual deficit in the mid 90s, when we embarked on this policy of running around the world handing other people our manufacturing base, we're now running $600, $700, $800 Billion trade deficits. We're giving almost a Trillion dollars of wealth annually to other countries. I don't know about you, but its pretty evident to me that continuing to pass our wealth to other countries will eventually end badly. It'll make our housing crises look like a picnic, eventually.

Can we stop with this bullshit Republican talk about the "need" to sign free trade agreements? It's time for an adult to walk into this insane Republican situation and call a timeout.

Richard Burr. This man never met a free trade agreement he didn't want to support. And now we don't make squat in North Carolina. Textiles? Gone. Furniture? Gone. We make nothing here, absolutely nothing that can provide a decent job for blue collar North Carolinians. Thank you Senator Burr. Thank you for the long unemployment lines and the screwed up economic mess you've dropped on our doorstep.

North Carolina deserves better than Republican Senator Richard Burr.

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