Sunday, November 23, 2014
U.S. Economy DEAD! Recession Will Become DEPRESSION!
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%.
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Very wrong about EU!
ReplyDeleteIt was the same situation!
Houdred o billions spent to have more people out of work, lower wages, epdemical minimum salary, less social protection-wellfare, huge expoert o jobs) relocation. High skiled people working or misery salaries .
EU have as ideology implemented all must be down and not at all up !! Exempt the rich and the Bankism!