Saturday, July 5, 2008 | 2:03 a.m.
America’s problems began with several bad decisions.
One was to open up the country to foreign manufacturers with a low tariff. Another was to send our factories to foreign countries. We now have no manufacturing base.
In the 1950s America had affordable automobiles and a strong manufacturing base, making TVs, refrigerators, washing machines, dryers, radios, etc.
Another thing is that we have done nothing to counter Europe’s alliance, the European Union. Maybe we could have countered with a North American alliance with Canada and Mexico.
America will become a second-rate country as a result of these situations and the oil debacle.
The rich may stay rich, but the rest of us will soon drop down to peon status.
Join the Discussion:
Check this out for a full explanation of our conversion to the LiveFyre commenting system and instructions on how to sign up for an account.
Full comments policy