General Discussion
In reply to the discussion: This is what a REAL Democrat sounds like. [View all]JDPriestly
(57,936 posts)Our trade deficit is huge. We should have brought it down before we got involved in another discussion of more trade agreements.
We used to have a high standard of living thanks to high wages. The successive trade agreements have placed in jeopardy the high wages that enabled us to have that high living standard.
These kinds of give-away trade agreements we have entered into since actually the 1970s (that's when the plans to get some sort of top-down rearrangement in the so-called "world order" first became apparent to me) make the America that FDR described in the final portion of the speech in the video in the OP impossible to achieve. We are sinking very surely into a low standard of living. It's very sad. And the trade agreements are among the chief reasons.