When Americans aren’t preoccupied with celebrity gossip, professional sports or social networking, they’re inundated with distorted facts and misguided ideals from the establishment media, pundits and politicians.
As a result, the majority of the U.S. population continues to support policies that have contributed to America’s declining living standards and vanishing economic opportunity.
In a previous article I pointed out that although corporate profits have been at record levels, the unemployment rate remains stubbornly high, with no signs of abatement. This relationship defies “free market” logic until one factors in the full economic impact of U.S. trade policy.
Rather than create jobs on U.S. soil, corporate America continues outsource and reinvest profits into China, India, Brazil and other developing nations.
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