Home   About

Extraordinary Policy Decisions

Decisions were made decades ago that would impact American citizens in later years. We are seeing the effects of those decisions today.

The General Agreement on Trade and Tariffs (GATT) is a global treaty that was designed to lower barriers to trade and labor between countries. The treaty was signed by the Clinton administration in 1994. It was hailed as a "victory for America".

The treaty was promoted with the assertion that it would make the United States more competitive. This has turned out to be true. U.S. citizens must now compete for jobs in a global environment rather than in a national one.

At the time, concerns were expressed about the loss of unskilled jobs. The expectation was sets that U.S. citizens would have to train for jobs in technological fields so that those jobs would not be missed. Unfortunately, now two decades later, we are not "a nation of scientists and engineers". In fact, this expectation has becoming increasingly challenging to meet.

Today, nearly all textile jobs and most manufacturing jobs are now performed overseas for far less than what an American can afford to accept as pay. Additionally, the American citizen must now compete with citizens of other nations who sacrifice a lot to keep their jobs.


A Prophetic Interview with Sir James Goldsmith (1994)

In this video, Sir James Goldsmith is asked why he believes that the GATT treaty "will unleash an unemployment that will attack the economies around the world."

Quotes from the video

[2:03] We're talking about a free trade area with China, with India, with Vietnam, with Indonesia, with four billion people.
[2:25] We've had four billion people who, before, were set aside... and they, all of a sudden, joined the free market.
[2:41] Those people have got massive unemployment, they have very fast growing populations, they work for almost nothing compared to our populations.
[3:20] Technology can [now] be transferred anywhere in the world. Capital can be transferred instanteneously wherever the return is highest.
[9:22] The economy is there to serve the fundamental needs of society, which are prosperity, which are stability and which are contentment.
[9:37] If purely for an economic doctrine you have a situation whereby the economy grows but you create poverty, unemployment and you destabilize society, you're in trouble.

 


Officer, it is no longer about the economy. It is now about honor, justice and human dignity.