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Americans keep losing

Published 05/21/08 Economy In Crisis - Print Article
E-mail - editor@economyincisis.org

Source Capital Journal:

Fifty years ago, this country had a mascot named Uncle Sam, an old gentleman who wore a suit and stove pipe hat trimmed in red, white and blue.

Today he is known as Uncle Stupid due to the politics of this country. Let me state why.

Starting with Bill Clinton, this country entered into fair trade treaties known as NAFTA and GATT, which allowed American companies to move their factories overseas, mainly China and India. These factories consume energy. So now, these two countries compete with us for oil.

Now, China and India have a lot of American dollars floating around with which they bid against us for oil, driving up the price of gas at the pump. We not only lose jobs over here, but we are forced to pay higher gas prices.

Click here to contact your Representative in Congress.

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