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U.S. economy engine is broken. NAFTA, GATT, CAFTA and other trade agreements have robbed us or our jobs and businesses. It it time to look at Communitatrianism combined with the subsidiarity - It is not Conservatism, Liberalism, Liberatarianism or Socialism. It is plain common sense seeking the life ideal and the best in human nature.

By Ray Tapajna - see article below - It is time to look at Communitarianism and Subsidiarity for bottom up solutions in local value added balanced geopolitical settings

Time to prepare for post-globalization era

US economic engine is broken - tariffs taken off products and put on future generations.

New economy is on life support

From Cleveland Plain Dealer, March /2010 by Ray Tapajna

The passing of health care comes at a time when our economic engine is broken.
It has been cannabalized with the parts sent around the world. Our economy - based on making money on money instead of making things - has burned out. We have lost our ability to pay for Social Security, Medicare and general health care. The millions who are now rationing their health care will continue to do the same. Most likely more will join this group.

NAFTA, GATT, CAFTA and other free-trade agreements have robbed us of our jobs and businesses that could have supported these needs. Instead, we have taken tariffs off products and put them on future generations to come. The sad part is that the monopoly game is playing itself out with no winners. President Barach Obama and former President George W. Bush used play money to bail out the financial community and large corporations.

As President Franklin Roosevelt said, " economic diseases are highly communicable" and there is no cure for healing these economic diseases. We should be preparing for the post-globalization period instead of continuing the charade .

See also Strangers in the night do their thing while we hide behind double locked doors

Ten years ago, there were articles in the newspapers about 47 percent of all small business owners maxing out their credit cards to keep their businesses going.

Another article reported that one third of all workers who were 55 or more years old who lost their jobs, never found another one. A bulletin in a Church read - success is reaching Social Security age without having to declare bankruptcy.

There were many of articles about the need for emergency food breaking all records. The prison population broke all records.

In the first wave of assaults by Free Trade competition, more than 400,000 auto workers lost their jobs in the late 1980s and more than 700,000 lost their jobs related to steel production.

By 1992, in the pre NAFTA and GATT days, more than 2000 U.S. factories were moved to Mexico. After NAFTA was passed in 1993-94, this number doubled to more than 4000 factories.

In the late 1980s and all of the 1990s, the U.S. suffered the most massive dislocation of jobs in its history. This happened while President Clinton was proclaiming prosperity

There was a stimulus package in 1994-95 but it went to a foreign country. President Clinton rushed 20 billion dollars to Mexico to save the peso and their economy. He sent more money to them through the international money fund too.
This was a warning about what was to come. It forecasted the economic storms of today.

Of all things, a second stimulus package came via the Y2k crisis.
Alan Greenspan talks about the billions spent on fixing the problem. Billions if not trillions poured into the economy, as governments and companies spent billions to fix the problem.

The Y2k crisis was caused by more than a million workers losing their jobs in the computer industry and there were not enough left in the industry to perform proper systems housekeeping. Many companies spent money they did not have on the problem and subsequently went out of business.

This also hid the scams of all the Dot Com companies that were enjoying success who were manipulating stock values, but this played out with the fall of most of these companies and the stock market crashed in 2000.

I have records of the massive job cuts and company closing down in just 1998. The numbers are massive. 250,000 lost their jobs in the high tech industries alone.

The unemployment rate in the USA is a sham. There is no way to compare it with the unemployment reporting from the past. Only 37 percent of all workers in the U.S. qualify for unemployment insurance. They are able to work at one job long enough or make enough money to qualify. This means there that more than 60 percent of all American workers are missing in action or living in some kind of economic limbo.

Hurricane Katrina in New Orleans exposed a massive underclass living in a silent depression. The same could be easily applied to most cities in America.

A vast working poor class replaced the middle class in the USA. It was the middle class that was supporting the consumerism -Free Trade and imports need in order to function right.

Eventually, the working poor found it difficult to afford even the cheaper imports.

The U.S government and Free Trader Globalists hid all of these dynamics by concentrating on making money on money instead of making things. It was a house of cards and it tumbled. Its impact caused a domino affect across the globe.

tea parties may be brewing the wrong tea - Ethics Box