Ross Perot is still right. During the 1992 presidential campaign, Ross Perot arguably played the role of spoiler. But he also played the role of realist. Throughout that campaign, Perot made it a point to highlight just how harmful so-called “free trade” agreements were for the United States.
At one debate during the 1992 presidential campaign, Perot said that, “To those of you in the audience who are business people: pretty simple. If you're paying $12, $13, $14 an hour for a factory worker, and you can move your factory south of the border, pay $1 an hour for labor, hire a young -- let's assume you've been in business for a long time.
You've got a mature workforce. Pay $1 an hour for your labor, have no health care -- that's the most expensive single element in making the car. Have no environmental controls, no pollution controls and no retirement. And you don't care about anything but making money. There will be a job-sucking sound going south.”
Nearly 23 years later, Ross Perot’s words still ring true.
All across America, abandoned factories, which were once part of America’s economic engine, are crumbling to the ground. So-called “free trade” deals like NAFTA and CAFTA have decimated the American economy, screwed over working-class Americans, and shipped millions and millions of good-paying jobs overseas.
Now, lawmakers in Washington are getting ready to sign on to yet another so-called “free trade” deal: the Trans-Pacific Partnership (TPP). I prefer to call it the Southern Hemisphere Asian Free Trade Agreement - or SHAFTA. - See more at: http://www.thomhartmann.com/blog/2015/01/tppshafta-ross-perot-still-right#sthash.SI9bzFaG.dpuf