Over his four years in office, Obama promised that he would focus on creating "jobs that pay well and can't be outsourced." However, as he racked up trillions in new debt, billions of dollars did go to create jobs that were then
outsourced or spent overseas. Whether it is electric cars made in Finland or solar panels in Mexico, taxpayers would be astonished to learn that their hard earned money went abroad for jobs that weren't created in the United States. Automobile bailout? GM built plants in Mexico with that money.
All of this outsourcing is killing America.
Back in 1950, the population of this country was less than half of what it is now, and yet there were more Americans working in manufacturing back in 1950 than there are today.
The decline in manufacturing jobs in the United States has been really dramatic since the year 2000.
22 statistics which prove that the current path that we (USA) are on has been absolutely disastrous for
American workers...
#1 One professor has estimated that cutting the U.S. trade deficit in half would create
5 million more jobs in the United States.
#2 The United States has a trade imbalance that is
more than 7 times larger than any other nation on earth has.
#3 Overall, the United States has run a trade deficit of more than 8 trillion dollars with the rest of the globe since 1975. That 8 trillion dollars could have gone to support U.S. businesses and pay the wages of U.S. workers. Federal, state and local taxes would have been paid on that 8 trillion dollars if it had stayed in the United States.
#4 When NAFTA was passed in 1993, the United States had a trade surplus with Mexico of 1.6 billion dollars. In 2010, we had a trade deficit with Mexico of
61.6 billion dollars.
#5 In 2001, American consumers spent 102 billion dollars on products made in China. In 2011, American consumers spent
399 billion dollars on products made in China.
#6 The Chinese undervalue their currency by about 40 percent in order to gain a critical advantage over foreign competitors. This means that many Chinese companies are able to absolutely thrive while their competition in the United States goes out of business. The following is from a recent
Fox News article....
To keep Chinese products artificially inexpensive on US store shelves, Beijing undervalues the yuan by 40 percent. It pirates US technology, subsidizes exports and imposes high tariffs on imports.
#7 According to
the New York Times, a Jeep Grand Cherokee that costs $27,490 in the United States costs about $85,000 in China thanks to all the tariffs.
#8 The U.S. trade deficit with China during 2011 was
295.4 billion dollars. That was the largest trade deficit that one nation has had with another nation in the history of the world.
#9 Back in 1985, our trade deficit with China was only about
6 million dollars (million with an "m") for the
entire year.
#10 U.S. consumers spend
about 4 dollars on goods and services from China for every one dollar that Chinese consumers spend on goods and services from the United States.
#11 The United States has actually lost an average of about
50,000 manufacturing jobs a month since China joined the World Trade Organization in 2001.
#12 According to the Economic Policy Institute, America is losing about
half a million jobs to China every single year.
#13 The United States has lost
more than 56,000 manufacturing facilities since 2001.
#14 During 2010 alone, an average of
23 manufacturing facilities closed their doors in America every single day.
#15 Since the auto industry bailout, approximately
70 percent of all GM vehicles have been built outside the United States.
#16 As I have written about previously,
95 percent of the jobs lost during the last recession were middle class jobs.
#17 According to Professor Alan Blinder of Princeton University,
40 million more U.S. jobs could be sent offshore over the next two decades if current trends continue.
#18 The percentage of working age Americans that are employed right now is actually smaller than it was at the
end of the last recession.
#19 The average duration of unemployment in the United States is
nearly three times as long as it was back in the year 2000.
#20 Due in part to the globalization of the labor pool,
only about 24 percent of all jobs in the United States are "good jobs" at this point.
#21 Without enough good jobs, more Americans than ever before are falling into poverty. Today,
more than 100 million Americans are on welfare.
#22 In recent years the U.S. economy has embraced "free trade" and the emerging one world economy like never before. Instead of increasing the number of jobs in our economy, it has resulted in the worst stretch of job creation in the United States
in modern history....
If any single number captures the state of the American economy over the last decade, it is zero. That was the net gain in jobs between 1999 and 2009?nada, nil, zip. By painful contrast, from the 1940s through the 1990s, recessions came and went, but no decade ended without at least a 20 percent increase in the number of jobs.
My point? Fuck Obama, and Fuck Romney. They are both determined to globalize America and continue shipping jobs overseas. This 2 party system is a massive limitation to real change and leadership USA needs. This election cycle specifically is distraction from the REAL issue.
THE WORLD IS ABOUT TO GO UNDER A MAJOR FINANCIAL COLLAPSE. So, by all means, lets argue about Rombama and Obamney... that will solve the monetary crisis created by central banking, fiat money, and endless wars....(Rome, and Russia tried this too, remember how that worked out?)
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