3 of 22

No

Write now Article Tools

The communist country who persecutes its indigenous peoples (such as the Buddhists), and has faced worldwide criticism for it's heavy-handed torture techniques against all who oppose it? Hey, sounds like the U.S.! Let's be friends!

For all of its past wrongs and current criticisms from the global community, e.g. the Iraq War, Abu Ghraib, etc., the United States is readily able reform because of its democratic republic style of government, unlike the militaristic Chinese oligarchy.

As a force with great potential for good, America ought to refrain from supporting such terrorist countries, renowned as they are for human rights abuses. Our free trade tactics and globalization policies have for years been empowering countries such as China, Venezuela, and North Korea - who rule with iron fist, and hate the benevolent hand that feeds them, the United States.

Free trade, in essence, is deregulation, the removal of barriers and protections; in this case tariffs and trade restrictions. For all that protectionism is now looked down upon, it was for a long time our trading modus operandi, dating back to the time of Abraham Lincoln. Not until the 1970s, when so many conservative institutions and ways of life were abruptly turned upside down, did that change following the Kennedy Round of trade talks.

Small coincidence, then, that our federal deficit has ballooned while our self-sustaining capacity as a nation has decreased substantially. Where the U.S. once lent to other countries, we have now become compelled to recall debts from our debtors, and even to borrow from other nations!

The U.S. Federal Deficit and its corollary, a weakened U.S. dollar and economy, are in turn the result of an unfavorable trade balance. If we're importing more goods than we're exporting, particularly by a large margin (as is the case), then our nation is losing more money than it is gaining.

Furthermore, the U.S. is setting the stage for companies to send jobs overseas, since companies can then pay workers lower wages while shipping the goods back to the states at a reduced cost. Outsourcing, the movement of jobs to lower-income areas, results in an overall redistribution of wealth. However, since global outsourcing is occurring, as opposed to a nationwide level only, this results in that redistribution occurring in countries with low minimum wages, where workers can be paid what are essentially slave wages.

While this may be good for corporations and businesses (which absorb

• 1
• 2
• 3
• next page >>

Add your voice

Know something about Should the US continue China's privileged trade status??
We want to hear your view. Write now!