In 2001, China joined the World Trade Organization with the strong support of a Democratic President and Republican Congress. Before the ink was dry on this free trade agreement, China ...
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In 2001, China joined the World Trade Organization with the strong support of a Democratic President and Republican Congress. Before the ink was dry on this free trade agreement, China began flooding U.S. markets with illegally subsidized exports while the big multinational companies that had lobbied heavily for the agreement rapidly accelerated the off shoring of American jobs to China. Today, as a result of the biggest shell game in American history, China has stolen millions of our jobs, corporate profits are soaring, and we now owe over $3 trillion to the world's largest totalitarian nation. This film is about how that happened... and why the best jobs program for America is trade reform with China.Written by
The documentary can best be described as an hour long infomercial for the UAW.While there are some valid points as to the loss of U.S. manufacturing due to uneven trade with China the past ten years the film fails to focus on NAFTA passed during the 90's and even farther back during the 70's,80's time period when the term "Rust Belt" came about as manufacturing disappeared. Both the U.S. and China are cheating when it comes to trade within the World Trade Organization. The United States gave tens of billions to GM and Chrysler in rescue funds,$500 million loan to bankrupt Solyndra, and billions more to companies like Boeing and General electric all of which China views as illegal Government subsidies. China could make an hour long movie titled Death by America which demonstrates how the U.S. is in violation of fair trade. I do believe that a revival in U.S. manufacturing is possible, but it will in no way resemble the manufacturing that are Dads and Grandfathers knew....
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