Thank you for featuring “The big lie about free trade; Turns out it’s American workers who are waving goodbye to their jobs,” by Rep. Bernie Sander’s (I-Vt.) (Commentary, Dec. 31). It is on the mark.
One of the reasons consumer confidence is down is because we see what’s happening to our neighbors and our country. There’s a reason why retail sales are down. There’s a reason why when walking on Michigan Avenue there are “sale” signs in every high-priced, brand-name store.
Consumers don’t have money (like we used to) and we don’t trust that our jobs are secure.
This could be a blessing to Americans because for years we enjoyed disposable cash and we spent, spent, spent like there was no tomorrow. Now we’re looking at our pocketbooks more realistically and realize we can’t do that which we did in the past.
But the government and economists continue to beat us over the head to spend money and get the economy going.
Well, guess what guys? We can’t. We’re tapped out. We have no jobs; we have no money. Until someone figures out how to bring back jobs and put more money in our pockets, we’re headed for a deflationary economy.
