Tuesday, January 21, 2014
Alan Grayson on our past 'free trade' deals
Grayson shows two charts that tell the story, below. The first is US trade balance 1962 - 1992, and the second since then. He said: "We have run a trade deficit of at least $350,000,000,000.00 every single year since 2000, with no end in sight. The result is that we have gutted the U.S. manufacturing base, and run up enormous debt to foreigners -- almost $6 trillion ($6,000,000,000,000.00) in U.S. Treasury debt alone. We buy their goods, putting their workers to work. They buy our assets, driving us deeper and deeper into debt." And we want to add the TPP?