http://theeconomiccollapseblog.com
http://albertpeia.com/chinajobsnotcomingback.htm
‘Did you see the huge crowds of protesters that flooded the
Michigan Capitol on Tuesday? They were there to protest two bills there
were being considered by the state legislature that would limit the power of
unions in the state. Michigan lawmakers approved the bills and this
absolutely infuriated the protesters. There is a lot of passion on both
sides of this debate, but I am afraid that both sides in this debate are
missing the bigger picture. If we keep shipping millions of our jobs to
China, there isn't going to be work for anyone no matter how much power unions
have or don't have. During the month of October, the U.S. trade deficit
increased to 42.2 billion dollars.
Our trade with China accounted for most of that deficit. Our trade
deficit with China in October increased to a new all-time one month record of 29.5 billion dollars.
Nearly 30 billion dollars that could have gone to U.S. businesses and U.S.
workers went to China instead. Since 1975, a total of about 8 trillion
dollars that could have gone to U.S. businesses and U.S. workers went to the
rest of the world instead. Shiny new factories are going up all over
China, and meanwhile our once great manufacturing cities are degenerating into desolate wastelands. So
what is going to happen when all of the good paying manufacturing jobs are
gone? Are we all going to fight bitterly over whether we should unionize
the low paying jobs that remain at places such as Wal-Mart and McDonalds?
Such an approach is not going to bring back prosperity to America. We
desperately need to start building things and start creating real wealth inside
this country once again. We desperately need to stop sending tens of
thousands of businesses, millions of jobs and trillions of dollars of our
national wealth out of the country. Unfortunately, I don't see anyone out
there holding protests about our trade deficit. Nobody really seems to
care, so our economy will continue to bleed good jobs and the middle class will
continue to be destroyed.
The funny thing is that the
workers that are out there protesting these union bills actually voted for the
politicians that are killing their jobs. Both parties are married to the
one world economic system and the "free trade" agenda, and Barack
Obama has been one of the worst offenders. He has been pushing for more
"free trade agreements" throughout the past four years, and yet union
workers continue to support him enthusiastically.
How foolish can they possibly
be?
Yeah, let's merge American
workers into a global labor pool with workers in third world countries on the
other side of the globe that work in absolutely nightmarish conditions for as little as 45
dollars a month. That sounds like a great idea, doesn't it?
Oh, but you don't want to work
for 45 dollars a month?
You don't even want to work for
450 dollars a month?
Well, then the big corporations
that fund politicians like Obama will just take your jobs and send them halfway
around the planet.
Do you think that your unions
will save your jobs?
Michigan already has the highest
rate of union membership in the Midwest.
It also has the highest rate of
unemployment in the Midwest.
Over the past couple of decades,
thousands of businesses in Michigan have either closed down or moved facilities
overseas.
Did the unions prevent any of
that?
No.
If union bosses really wanted to
do some good, they would be organizing protests against our incredibly foolish trade policies.
But instead, they tell their
members to vote for politicians like Obama and then they run out to the stores
and fill their carts with huge piles of products that were made in China.
Union workers need to wake up to
one fundamental economic fact - in a one world economic system, the big
corporations simply do not need you. They can make their products in lots
of other countries where it is legal to pay slave labor wages.
But instead of getting upset
about what is really killing their jobs, union workers in Michigan are
screaming mad about a couple of new laws that will take some power away from
the unions.
That is kind of like being
obsessed with a broken fingernail when your leg has just been sawed off and you
are gushing blood all over the floor.
Oh, but union workers did put on
a good show up in Michigan. The following is how a Bloomberg article described the
protests...
Officials spent days gearing up for crowds brought out by the
legislature’s sudden action last week to give initial approval to three
anti-dues bills, which exclude police and firefighters. At least one helicopter
buzzed overhead today, and mounted police surveyed the protesters. Signs
reading “Don’t hurt working families” dotted lawns.
The crowd numbered more than 10,000, according to State Police
Inspector Gene Adamczyk, with more buses still arriving. The Capitol was closed
when it reached its capacity of 2,000.
The
anger surrounding these protests was almost palpable. One state
representative even declared that "there will be blood".
Meanwhile,
many of those same protesters will buy toys for their kids that were made in
China with wrapping paper that was made in China and they will put them under a
Christmas tree that was made in China.
Merging
our economy with the economy of communist China was one of the stupidest
economic moves that we could have ever made. They are systematically
taking our wealth, and then we have to go over there and beg them to lend money
back to us.
Pretty
soon the Chinese economy will dwarf ours. According to the National
Intelligence Council, the GDP of Asia will have surpassed the GDP of North
America and the GDP of all of Europe combined by 2030.
But
if we had never opened up trade with communist China none of this would have
ever happened.
Why
won't American workers get upset about this stuff?
Do
you really want your standard of living to decline to the level of a Chinese
factory worker?
You
can see some photos of what life is like for workers in China's toy factories right here. This is what the
future holds for American workers unless something is done.
For
much more on how our trade policies are absolutely gutting our economy, please
see the statistics in this article: "55
Reasons Why You Should Buy Products That Are Made In America This Holiday
Season".
But
no, the big unions will never dare oppose Obama. They love him far too
much to do that.
Meanwhile,
we continue to bleed good jobs. Large companies have announced the
elimination of more than 100,000 jobs since November 6th, and it looks like
2013 is going to be a very difficult year for American workers.
If
you are an American worker, you need to ask yourself why anyone would want to
hire you in this kind of economic environment. You are 10 to 20 times
more expensive than workers on the other side of the globe. In addition,
our politicians just keep piling more rules, regulations and taxes on to the
backs of the employers in this country. It is more difficult than ever to
make a profit from the labor of an American worker.
Honestly,
I understand why most small businesses don't want to hire anyone in this
economic environment. It just doesn't make sense. For much more on
this, please see this excellent article by
Charles Hugh-Smith.
And
there are signs that things are going to get even worse. For example, the
NFIB Small Business Outlook survey dropped like a rock during November. That is a
very bad sign for hiring.
And
another ominous sign for the economy was that the latest trade report showed
that imports and exports are both declining. That is usually a signal
that a recession is coming. Exports fell faster than imports did, and
that is the reason why the trade deficit grew. If imports and exports
both fall again next month, it will be time to become extremely
concerned. When imports and exports both decline, that is a sign of
slowing economic activity.
The
United States will always need to trade with other nations, but we need to do
it in a way that is balanced and that protects American workers. Right
now there is a one way conveyor belt taking businesses, jobs and money out of
this country. If we don't do something about our mammoth trade deficit,
we will have no chance of reversing the steady decline of the U.S. economy.
Hopefully
we can get the American people to wake up and realize this. Instead, most
of the comments at the end of this article will probably be about the pros and
cons of unions. That will be yet another sign that most people still
don't get these issues.