“Free trade,” coupled with our unregulated “free market” system, is creating the perfect position for countries that utilize state capitalism to destroy our economy. They take advantage of our lack of planning. What we have opened ourselves up to is not competition, it is an open takeover.
By outsourcing our manufacturing we are not only giving our competitors the keys to our factories, we are giving them the blueprints to our innovation – and the means to put our companies out of business. We have already witnessed this takeover of technology with televisions – all of the U.S. name brands are gone. The United States no longer makes any of the technologies we invented. Look at cell phones for example. None are made here in America.
As this continues, we are creating a system of serfdom. We are becoming a colony, and we will be controlled and managed by foreigners.
Yet the solutions are very simple.
- Get out of the WTO
- Cancel all “free trade” agreements
- Place tax burdens on companies that outsource American jobs or give away American technology
To do this we must immediately withdraw from the WTO. We cannot balance our trade with foreign super-governmental bodies telling us what we can and cannot do.
The American economy is collapsing. We will not be able to stop it as long as we are controlled by the WTO.