Many Americans know that the upper class raises more money, however, much of the middle class may not know that the money they make continues to increase at a strikingly …show more content…
In fact, the cost of so-called free trade is unreasonably high and destructive by forcing middle class men and women to compete with global workers who make less than they do per hour per day. The United States has also become the world’s biggest debtor and has lost things like production, jobs, and capital. Under Bush and Clinton’s administrations there has been many one sided free trade agreements. With the creation of NAFTA (North American Free Trade Agreement) came failure. Instead of raising the manufacturing wages in Mexico it fell by 25 percent. This also brought a loss of over a million jobs, and more illegal immigrants crossing the border. After NAFTA, Bush’s administration came up with Central American Free Trade Agreement (later renamed DR-CAFTA), which, in all honesty, was not a trade agreement but more like an outsourcing agreement. It would’ve created new international laws for immigration, health care, and zoning. America did trade self-sufficiency to dependency so now there are few industries they are number one in. The U.S. encounters trade barriers and high tariffs put on by our trading partners, but still continues to lower the tariffs and restrictions they have. In 1951, it was at fifteen percent and today, it is under three percent. The U.S. is addicted to foreign goods. Each day, almost $3 billion is borrowed to help pay to import goods and services. The dependency on products manufactured in other nations is almost three times bigger than the dependency for foreign