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Essay heading: free trade
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Social Issues |
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June 23, 2004 |
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Our manufacturing is fleeing this country and relocating overseas. In the last two years, 2,000,000 manufacturing jobs were lost in this country leading to 6 million lost jobs in the service sector.
Most startling is how fast this erosion accelerating. The world wide web, our open borders, and transportation advances around the world have made it very easy for U... displayed 300 characters
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manufacturers to outsource overseas. It is cheaper to cut costs by importing rather than investing in manufacturing improvements at home.
Economists cry "foul" at the word tariff. But without adequate tariffs, our tax system discriminates against our domestic producers. As an example: for the year 2000, I calculated the amount of taxes my employer and our suppliers paid in the form of FICA (employer and employee), federal and state withholding, and corporate income taxes... displayed next 300 characters
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