Free Trade: Blessing in Theory, In Reality a Curse

President Reagan, in his March 8, 1983 Evil Empire Speech, said, “… But if history teaches anything, it teaches that simpleminded appeasement or wishful thinking about our adversaries is folly. It means the betrayal of our past, the squandering of our freedom.”

Unfortunately for the past 20 years, America’s multinationals have pressured U.S. administrations to not label China and other U.S. trading partners as currency manipulators and have blocked the passage of currency manipulation bills by Congress.

The Election Campaign Donor Class, regardless which political party they support, back free trade. Until the Donor Class’ control of policymaking in the U.S. is eliminated or significantly reduced, bind-trust in the theory of free trade and appeasement of China etc. will carry the day, with our massive trade deficits/job losses will continue as well as the decimation of our middle class. 

***

To submit a blog to Union Matters, e-mail it to bstack@usw.org. Keep it to 250 words or fewer. You MUST include your full name, hometown, and state. You may attach a photograph of yourself. Please include a phone number. This WILL NOT be published. Posting any given blog is within the discretion of the USW. No blog using foul language (this is a family site), false information (we don’t want to get sued), or unnecessary personal attacks (again, we don’t want to get sued) will be used. Wait a reasonable period of time, then blog again!

By clicking Sign Up you're confirming that you agree with our Terms and Conditions.

Ready to make a difference?

Are you and your coworkers ready to negotiate together for bigger paychecks, stronger benefits and better lives?