7 Answers

woofer 49, I agree with all of the above. The free US-Columbia Trade Promotion came into  effect in May 2012. I am afraid we might be losing more jobs, not just by NAFTA, but to Columbia. Computer technology has contributed greatly to unemployment and continues to do so. Our regulations to open up businesses is so cluttered with regulations and the EPA,, that it takes 6month to a year to get a permit, while in China it does not even take a week. Businesses have to spend a lot of money and possibly fight the EPA before they get a permit.Labor in China is also much cheaper, Take GE. They have have been in China for 30 years For all the money they make, they dont pay taxes in the US. To add insult to injury, Jack Immelt was Obamas adviser to head up commissions on Jobs. . Another big factor , like colleen  said., is the Business Tax, the highest in the world.

All of the above. Greed built this country. Socialism will bury it.

By supporting planned obsolescence in products, the US cheapened the value of labor. Industrial progress in lowering production cost, through automation, reduced the work force while requiring a more technically qualified work force. This accelerated the production of cheap parts, in volume, and forced industry to seek a cheaper work force and more consumers of industrial production.

This required the revival of struggeling economies globally to generate markets and produce products cheaply to sustain the ongoing growth of industry. In order for foreign nations to borrow money to build  their industries, it was necessary to determine what assets they have, to borrow against, so that money could be loaned to those countries to build their infrastructure.

Most of the world governments were unaware of their monetary worth globally based on their intrinsic assets. Most poor countries were unaware of their own “proven” oil and mineral reserves. So the US sponsored oil exploration in other countries in order to map underground resources globally so that the asset value of foreign countries would go up allowing money to be loaned to them under the condition that they open up to industrialization and resource management.

So, here in the US we are feeling the effects of a global plan for economic equalization by seeing employment markets shifting beneath our feet. Yes, it is disturbing especially when you don’t see the route of progress. I look forward to our cost of living going down and the quality of available products going up while our required work time go down amid a growing, greater culture of global interest and association.         

Clinton opened the way for companies to out source jobs and to move their companies over seas. Clinton was the architect of NAFTA and the GAPF, the two trade agreements that have meant the end of the American manufacturing base, the end of a living wage economy in America.

The lower tax brackets in foreign countries caused American companies to take advantage of Clinton's bill and move out of the USA.  Bush backed the idea when he came onto office > http://www.cwalocal4250.org/outsourcing/binarydata/Bush%20Plan.pdf 

Business tax in the USA is the highest in the world right now. Why would any corporation want to be here? 

Colleen

Greed and a corrupt government that knows poor citizens who live off government aid are more easily led and less likely to bite the hand that feeds them.

I believe outsourcing jobs, NAFTA, foreign competition, poor leadership in polictical arena, and greed and avarice of a select segment of society being the cause of the economic downfall of the United States. I also believe, that it is from the outsourcing of jobs by people like Mitt Romney, that our country is facing what it is in job shortages.

greed by governments has led to multi-nationals moving to third world countries and exploiting the already poor. 

USA