The World Trade Organization is a self serving and undemocratic organization that operates outside of our control. The U.S. Constitution states that all treaties made under the authority of the United States become supreme law of the land (Article VI). When our government stymied under pressure from foreign-represented lobbyists and signed the WTO treaty our government effectively weakened our sovereignty.
Our laws, regulations and administrative procedures are now open to challenge.
Since entering the WTO in 2001, trade with China has resulted in the loss of 2.8 million jobs through 2010, according to the most recent study by the Economic Policy Institute. Those fortunate enough to retain their jobs witnessed their annual earnings decrease by roughly $1,400. American workers are put in direct competition with one another as more and more employers look to offshore production to nations with lower wage rates.
Jobs losses have affected every sector of the economy in both white and blue-collar occupations. Over that time we have lost:
909,400 jobs in computer and electronic products
178,700 jobs in apparel and accessories
204,300 jobs in administrative support services
173,100 jobs in professional, scientific and technical services
These job losses can be directly attributed to Chinas rapidly growing trade surplus with us maintained by the systematic manipulation of the Chinese yuan.
read more The WTO Now Controls Our Economy, Fate and Future | Economy In Crisis
Our laws, regulations and administrative procedures are now open to challenge.
Since entering the WTO in 2001, trade with China has resulted in the loss of 2.8 million jobs through 2010, according to the most recent study by the Economic Policy Institute. Those fortunate enough to retain their jobs witnessed their annual earnings decrease by roughly $1,400. American workers are put in direct competition with one another as more and more employers look to offshore production to nations with lower wage rates.
Jobs losses have affected every sector of the economy in both white and blue-collar occupations. Over that time we have lost:
909,400 jobs in computer and electronic products
178,700 jobs in apparel and accessories
204,300 jobs in administrative support services
173,100 jobs in professional, scientific and technical services
These job losses can be directly attributed to Chinas rapidly growing trade surplus with us maintained by the systematic manipulation of the Chinese yuan.
read more The WTO Now Controls Our Economy, Fate and Future | Economy In Crisis
