Millions of jobs are being lost to China and the Obama administration continues to follow in the footsteps of the Bush administration. The Chinese continue to restrict the imports of American goods while flooding the US markets with cheap often poor quality goods. They have followed a policy of currency manipulation to insure a steady flow of jobs and dollars from US to China.
"The numbers are staggering and nowhere has been spared: California (370,000 jobs lost), Texas (193,700) , New York (140,500), Illinois (105,5000) and on, says the EPI study. Every industry has suffered, from manufacturing (down 1,616,300 jobs) to electronics (627,700) to professional services (139,000.)"
Frank Koller: Lost Jobs, Lost Futures -- But There Are Alternatives
We need to replace the policy free trade with fair trade.
"The numbers are staggering and nowhere has been spared: California (370,000 jobs lost), Texas (193,700) , New York (140,500), Illinois (105,5000) and on, says the EPI study. Every industry has suffered, from manufacturing (down 1,616,300 jobs) to electronics (627,700) to professional services (139,000.)"
Frank Koller: Lost Jobs, Lost Futures -- But There Are Alternatives
We need to replace the policy free trade with fair trade.