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Clinton’s Traded $2 Billion for 5 Million U.S. Jobs

“More than 5 million U.S. manufacturing jobs were lost between 1997 and 2014. Most of those job losses were due to growing trade deficits with countries that have negotiated trade and investment deals with the United States.”

20,000 American Jobs were Exported by General Motors AFTER Taxpayers lost 12 Billion Dollars in Bailout

Between 1993 (before NAFTA took effect) and 2013, the U.S. trade deficit with Mexico and Canada increased from $17.0 billion to $177.2 billion, displacing more than 850,000 U.S. jobs. Growing trade deficits and job displacement, especially between the United States and Mexico, were the result of a surge in outsourcing of production by U.S. and other foreign investors. The rise in outsourcing was fueled, in turn, by a surge in foreign direct investment (FDI) into Mexico, which increased by more than 150 percent in the post-NAFTA period.

KORUS took effect in March 2012. Between 2011 and 2014, U.S. exports to Korea increased by about $1 billion, but imports have increased by $13 billion, so the trade deficit has increased by nearly $12 billion. This growing trade deficit with Korea has cost more than 75,000 U.S. jobs.

Then there is China, until now a part of the biggest trade and investment deal of all. In 2000, President Bill Clinton claimed that the agreement then being negotiated to allow China into the World Trade Organization (WTO) would create “a win-win result for both countries.” Exports to China “now support hundreds of thousands of American jobs,” and these figures “can grow substantially with the new access to the Chinese market the WTO agreement creates,” he said.

Between 2001, when China came into the WTO, and 2013 the U.S. trade deficit with China increased $240 billion. These growing trade deficits eliminated 3.2 million U.S. jobs. China became the third largest recipient of FDI in the world, which fueled the growth of thousands of new manufacturing plants that generated exports to the United States and other markets.” (Source)

During that same time period the top .01% grew their wealth by over 400% and Hillary Clinton, along with her husband Bill, grew their foundation from less than 100 million dollars to over 1 billion dollars!

Donations to the Clinton Foundation  included the South Korean energy and chemicals conglomerate Hanwha, which paid $500,000 to $1,000,000 for a speech by Bill Clinton….. China Real Estate Development Corp. paid the foundation between $250,000 and $500,000 for a speech by the former president….China Real Estate Development Corp. paid the foundation between $250,000 and $500,000 for a speech by the former president…

5 million jobs in exchange for $2 billion dollars to the Clinton Foundation. Looks like a good deal for Globalist Billionaires. Not so good for the American People.

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1 Comment

  1. Beneath the Spin * Eric L. Wattree

    TAKING A STAND FOR AMERICAN DEMOCRACY:
    I WILL NOT BE BLACKMAILED OUT OF MY VOTE
    .
    I’ve been putting a lot of thought into this election, and I’ve come to the conclusion that if we want to survive we’ve got to bring the corruption of our democracy to an end. So I’m taking a stand right here and right now – I WILL NOT BE BLACKMAILED OUT OF MY VOTE, and I’m not gonna let anybody send me on a guilt trip talking about Donald Trump. That’s nothing but political subterfuge, an attempt by the Clinton forces to Blackmail the electorate into voting for Hillary Clinton, whose history clearly shows that she’s every bit as bad as Trump; she just has sense enough to lie about her position on the issues based on who she happens to be talking to at the time.
    .
    “But she won the nomination,” they say. No, she didn’t win the nomination – she stole it. When she hired Debbie Wasserman-Schultz she not only confirmed that fact, but she thumbed her nose at us while doing so, and for me, that kind of arrogance was the last straw. It said that the people don’t matter. They showed the very same kind of disregard for the people and our laws when Bill showed up at a Massachusetts polling place, where you’re not suppose to even wear a Clinton button, when he casually went to visit Attorney General Loretta Lynch while Hillary was under active investigation by the FBI, and now in hiring a disgraced chairperson who was forced to resign for corruption. So the Clinton Democratic machine and their corporate cronies anointed Hillary the nominee just as surely as the U.S. Supreme Court anointed George W. Bush president after the 2000 election. If Barack Obama were running against Hillary Clinton today, he wouldn’t have stood a chance – no one would. With their money, corporate ties, and control over the Democratic Party, again, the will of the people no longer count.
    .
    Bill and Hillary Clinton have brought fraud, deceit and corruption to the Democratic Party just like they have to everything else they’ve ever touched in the past 25 years. So to simply sit on our hands and let this assault on the democratic system take place will set a horrible precedent that will not serve us well. If we allow Hillary to just slide into the presidency based on the now documented corruption that has taken place, this unconscionable assault on our democracy won’t just be an ugly aberration, it will become the norm. The corporatists will be able to make anybody president that they choose. So the people have got to stand up and say, “No, this is not going to happen.”
    .
    I’m sure that a lot of Clinton lovers are going to be absolutely furious at what I’m saying here – both Black and White. But that’s because what the Clintons have done to the Black community is completely meaningless to them. That speaks volumes, and it also explains why Black lives don’t matter.

    .
    http://wattree.blogspot.com/2016/08/taking-stand-for-american-democracy-i.html

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