Free Trade is a Failure

No other country loses so many jobs, so much productive, and so much investment capital to international trade. No country can even come close to losing so much money.

Universities in the United States produce some of the best economists, engineers, historians, scientists, and political theorists in the world. The quality of education up the high school level has fallen off precipitously in the past few decades, but for those who strive for higher education there is virtually no better place to do it than here in the U.S.

Unfortunately, while the brain trust of academia has largely been unable to breech the ivory tower that is Washington politics. Our politicians have to deal with issues on a daily basis that affect every sector of the economy, and ever sector of everyday life in America. Yet the vast majority of them are attorneys. Their professional training is in litigation; not civil engineering, economics, or hard sciences.

After sprinkling in a few medical doctors and former military service members, and a growing number of former corporate executives, you have accounted for nearly every elected official in our nation’s capital.

Full Story: Free Trade is a Failure | Economy In Crisis.

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    If we don't change our ways soon...

    A new report by the Royal Society, chaired by Nobel prize-winning biologist Sir John Sulston warns that world population must be stabilized and consumption in wealthy nations must be reduced or the entire planet is in big trouble. As the report reads: "The number of people living on the planet has never been higher, their levels of consumption are unprecedented and vast changes are taking place in the environment. We can choose to rebalance the use of resources to a more egalitarian pattern of consumption... or we can choose to do nothing and to drift into a downward spiral of economic and environmental ills leading to a more unequal and inhospitable future."
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    (Is there any chance we will learn in time? Tell us here.)
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