About the author

Vicky Davis

Vicky Davis, was a Computer Systems Analyst/Programmer turned Internet Researcher and writer. She received her training in computer programming in Santa Clara, California in mid 1970s. She worked primarily – but not entirely on IBM mainframe systems for large corporations and government entities. As an Internet Researcher, she continues to apply her Systems Analyst skills focusing her research on the revolution in government from the systems perspective. She has two websites: ' ' http://www.thetechnocratictyranny.com (newer website) http://www.channelingreality.com (older website)

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2 Comments

  1. 1

    Harry

    Horse crap,. Government did not move industry and workers jobs overseas,. It was chamber of commerce, big business and the wealthy. Job creators.. in search of cheap place labor. Libertarism is fantasy thinking,. When the means of production and finance is owned by a few wealthy families,. There is no way a Individual can compete in the marketplace. Libertarism is corporate fascism, .

    Reply
    1. 1.1

      admin

      The Generalized Agreement on Trade and Tariffs (GATT) passed in 1947 began international discussions on trade rules. Around 1979, the discussion extended beyond tariffs to include standards, product definitions, etc. Around 1986, the Uruguay Round of trade talks was kicked off. That trade round ended in 1994 with the Marrakesh Agreement that authorized creation of the World Trade Organization. In that round of trade, they included the free movement of capital, goods and services changing the GATT to GATS. It also included preferential treatment for so-called developing countries. China was considered to be a developing country as was India.

      On December 8, 1994, the U.S. Senate voted to accept the Urugary Round of trade that established the World Trade Organization.

      That’s background.

      What they did in those agreements was to allow developing countries to import to our country virtually tariff free while American business were subject to very high tariffs on goods we exported to the developing countries. The developing countries are of course the cheap labor countries. The net effect was to incentive American businesses to move out of our country to produce in the cheap labor countries and then import back into this country tariff free. Not only that, the formerly American corporations didn’t have to pay taxes on their foreign profits until they repatriated the money – which obviously, they didn’t do until our country was so desperate for money that they made a deal for a reduced rate (around 5%). That was sometime in 2005.

      I will give the fact that the Chamber of Commerce and large corporations lobbied for the trade legislation but it was our own Congress that voted for the legislation that was a stab in our economic jugular veins.

      And I couldn’t agree with you more about Libertarians and the Free Trade Mantra. Most of those morons had no idea that they were lobbying for corporations against their own interests. The ones that did are evil and I do believe they are communists – Marxists.

      The following are links pertinent links:

      Senate Vote for the Uruguay Round –
      http://www.channelingreality.com/TTT/Internationalism/wto_senate_debate.htm

      The Uruguay legislation became Public Law No. 103-465, on December 8, 1994. The World Trade Organization became effective in January of 1995.

      https://www.congress.gov/bill/103rd-congress/house-bill/5110/actions

      I have a lot more on trade on my other website:
      http://thetechnocratictyranny.com/trade-treaty-treason/

      Reply

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