William Thien

If It was “It’s the Economy, Stupid!” then, What About the Jobs Now, Mow-Ron?!

Posted on: July 3, 2012

If as President Clinton’s adviser James Carville suggested during Clinton’s first campaign, “It’s the economy, stupid!,” then what about jobs, now?

It was Clinton who presided over the passage of NAFTA, The North American Free Trade Agreement. President Clinton also provided China with Most Favored Nation trading status, something that was for a long time a sticking point because CHINA IS STILL A COMMUNIST COUNTRY! To this very day!

If Ross Perot said there would be a “giant sucking sound” as jobs left the country with the passage of NAFTA, there was a sonic boom when jobs left the country for China when Most Favored Nation trading status was granted, by Clinton no less. In one administration, the Clinton Administration, two extremely detrimental actions were taken which totally, and I mean totally undermined the American worker for the long term. There isn’t much more you could have done to undermine the American worker than what was done during The Clinton Administrations.

Somewhere Clinton lost sight of the “real economy,” or jobs. Jobs that pay real wages and that offer life sustaining benefits are the “real economy.” Without those jobs, Americans can’t afford to buy “Made in The USA” if that’s what they wanted to do as I’ve stated before. They have to buy “Made in China” or “Made Somewhere Else.” Furthermore, by opening up the economy to foreign production in a such a way the employers and manufacturers willing to offer decent wages and benefits were essentially knocked out of the marketplace because they simply could not compete on a cost basis.

If you ask me, Clinton’s adviser Carville should have said, “It’s about screwing up the economy, stupid!” Because that’s exactly what that the Clinton administration did in the long run when they undermined the American working classes by passing NAFTA and granting China Most Favored Nation trading status.

Now it’s a fight to get those jobs back here and most think those jobs will never return.

Copyright © William Thien 2012

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