Written By James Allan | 11-5-2016
Some democrats are saying 50,000 factory's were lost. The number stapled concerning factory's lost is 70,000. The speculated factory's lost is 90,000 and above. These lost factory's to foreign countries translates into millions upon millions of jobs lost.
The chart shows a steady decline in factory's since 1995 when NAFTA was first implemented by Bill Clinton into law Jan. 1st 1994. In 2009 when Barack Obama took office and the "Economic Depression" had just started lost factory's in the U.S. left or when out of business even faster at an alarming rate.
Bill Clinton at the time of signing NAFTA into law was also allowing illegal aliens to get home loans and as the factories were leaving for china illegal aliens were defaulting on their home loans which in turn flooded the derivatives market (market where financial institutions buy and sell home loans) with bad home loans that started to crash the U.S. economy in 2008 after the election and three months before Barack Obama took office.
The number of factory's lost after 2012 is still steadily declining and hasn't gone up. The only businesses that have gone up are fast food restaurants to support the ever increasing amount of illegal aliens being allowed to stay in the U.S. creating more poverty.
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