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In the year 2000, once signature by Bill Clinton changed the course of history. In this episode, we’ll explore what exactly happened.
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Bill Clinton can thank the Internet for his administration's positive gains in the economy.
After Bill's presidency he also gave about 14 private invite, only speeches that were more like seminars they would consist of hundreds of small American Business owners looking to expand and 50 or so wealthy Chinese investors with the means to make it happen and I would be willing to bet that Mr. Clinton made a whole lot more than just the $200,000 per speech
Nixon was the one who started the ball rolling he opened the doors to bring this along. Ps it was bound to happen no matter who signed what. Manufacturing only works in countries that have a cheap workforce usa outgrew the profit margin by paying workers what they needed to survive in the USA it's just the way capitalism progresses
Wrong. Chins was already a economic influencing superpower yrs before that act was signed. The act was more of a formality, for the optics of politics, more than anything
I am just really curious,why China? Why don’t they move manufacturing jobs to other wto members countries? Like India or any other countries
Yeahhhhh I'm gonna say no the US did not change/get worse only because of Clinton. There's stuff like corporate greed, billionaires getting greedy, counting companies as people and of course the absolute UNWILLINGNESS of US leaders to raise the minimum wage.
It wasn’t an “experiment”. Clinton and the globalists knew exactly what they were doing! They knew by enriching China and destroying America’s economy would fool the next generation into believing that the communist system of China is superior to American capitalism and gleefully accept the move away from the republic based on free market economics, and into debt slavery at the hand of China and the new U.S. political oligarchy. Communism inevitably fails and the adherents to such folly have always needed a model to point to finally shift perceptions. What better way than to get a couple generations of Americans (millennials and Gen Z) who suffer under poor economic conditions to seek a “new way of doing things” and look to the model of China as the solution? Pure evil……..😈
Oh, this lying cigar man. Cluck off Finton
If/ when a day arrives that the Chinese people HAVE TO or CHOOSE TO integrate with the rest of the world, the only mode of communication possible would be an… A.I. translator? Nice ✌️
It is important to know that most of Americas two party politicians haven't cared about Americas workers and taxpayers. If they had, they would have provided some type of universal healthcare program using both public and private means like all other developed countries. Not only have they not done that they made it illegal for anyone to start any organization whose sole purpose was to provide americans discounted group insurance. Think about that. Effectively guaranteeing insurance companies profits by selling higher margin individual and small group healthcare insurance. Instead of allowing small companies and private contractors to group together to obtain private healthcare insurance at discounted group rates. So the govt was working at the private insurance companies behest. They also allowed people to be plunged into bankruptcy if they had no or not enough insurance. 63% of all private individual bankruptcies were due to people not being able to pay healthcare bills. This isn't just negligent its evil. That's just healthcare. we lag seriously behind all other developed countries when it comes to workers benefits like required maternity leave for women. Meanwhile we spend more every year on defense spending. We could cut our military defense budget in half by 500B and still be spending almost twice as much as China the second largest spender in military spending
WTF is this report WTO is free market inclusion of nation or not free market is USA grounded policy so whoever got invested into those nations manufacturing units went on to making products quality with cheap market price always is the winner
The way to help get manufacturing jobs back in America is not by using tariffs but by using tax breaks for companies who only manufacture goods in the U.S. Plus companies who pay their American employees a livable wage are eligible for tax breaks. This can be done using part of the bloated military budget. The further we get out the more it seems that Bill Clinton messed things up. Him signing NATFA and bringing China into the WTO has been disastrous for America and it's manufacturing jobs.
My partner buys bin bags from Temu. And I don’t mind as he will waste his money elsewhere. He is overpaid and needs very few things so any money spent is money wasted. I’m sure many people are like him. America could have Bernie Sanders. Instead they choose cheap, fat consumerism. They get what they chose for. Maybe they could get my partner too
Trump was right like always!
He was born looking like a 100 year old pissed off scientist.😂😂
The first word he spoke when exiting his mom's Beaver was socialism.
Last Democrat I voted for. I remember how discussed I was with his trade deals!
It goes back a lot further than that. Ever heard of Reagan? Trickle down economy??? What a scam that was. Clinton didn't help either. We haven't had a decent, equal, prosperous economy for all since Reagan.
GOD bless that Albanian PM who said it loudly : the 3 devils of the world, 1st is the US goverments
To me at 18 in 1994, NAFTA changed everything in my town. 2/3 of my town lost good union backed manufacturing jobs to .10¢/hr Mexican workers.
Close all military bases overseas bring the troops home and tax the rich and use the money to rebuild america!
Clinton sold us out no accident or anything else it was done on purpose. Of course it's just a documentary type of answer intended to motivate discussion similar and difference of opinions.
Bill Clinton worst president ever 😂❤
Como va a pedir EEUU que China salga del Tibet cuando ellos robaron a Mexico y España 4 veces mas territorios y mucho mas ricos ¿ Acaso los ha devuelto ya y no me entere ? EEUU es el pais menos indicado para hablar de "un mundo basado en normas" , no cumplen ningun tratado, reglas o normas aun siendo ellos los que las dictan. EEUU aposto a que China seria su mano de obra barata (casi esclava) y ellos disfrutarian de los beneficios de una cadena de produccion que dejase a China en la parte baja y ellos recogerian los beneficios economicos , les ha salido mal, muy mal, China les ha ganado en su propio terreno. Ahora las exportaciones a EEUU son solo el 14 % del total exportador de China, lo que no hundira a China si intentan un cierre total del comercio. EEUU no tiene tierras raras en producción y tampoco tiene sustitutos de todo lo que llena los supermercados, no a un precio que los estadounidenses puedan pagar.
Bill Clinton is one of the worst Presidents of all time. He was a Democrat, the party that was supposed to represent the working class. Ironic how working class support for Clinton helped ruin the children of the ones who elected him
The only reason The USA propped up China was their cheap, sweat shop manufacturing labor. So a handful of astronomically wealthy people could get more.
Yes he did
Was not expecting to hear the Fez soundtrack 😮
It was.NOTHING more than GREED that outsourced manufacturing out of all the 184 countries of the world to China by ZIONIST JEW! This was a CAREFULLY PLANNED move to bring instability to the world, and cause unemployment and the erasure of the middle class worldwide.
What this video didn't mention is that the US generated trillions of dollars from the transfer of manufacturing jobs to China. These trillions funded the healthcare and retirements pensions of American workers, corporations used these trillions to pursue other investments and high tech innovations, and it enriched all Americans through cheaper products thus keeping more of their income for the betterment of their lives.
Be sure to make a statement that you're not suicidal
Clinton would not have won in '92 if Perot hadn't run, and again in '96. How different would we be today if Ross Perot hadn't gotten involved?
LET'S NOT FORGET THE NFTA AGREEMENTS! FOR 🇨🇳CHINA N MEXICO 🇲🇽 WE THE PEOPLE HAVE NOT FORGOTTEN! HE'S A SELLOUT! N TRADER TO AMERICA🇺🇸 💯 💯 💯 NO DIFFERENT THAN OBAMA'S, BUSHES, CLINTON'S, N OTHER POLITICAL TRASH! 100%
NAFTA ……. Destroyed our manufacturing base .
America's biggest problems and reasons for downfall are not clinton, as bad as he was. It was and still is the funding of wars, being israels lap dog, and corporate greed
SLICK WILLEY
You can blame Clinton, but the move to foreign labor started with Ronald Reagan. Watch Roger and Me, and you will see where it all began. It was either going to be China, or Mexico.
Everything the Clintons touched was covered in blood.
Lmao. This is a terrible video. Blaming China because of American greed. Companies pit sourced to become richer (greed). Y’all all like to blame China but never the American people who don’t like our for their Americans.
This video is trying to push a certain agenda and it shows. Don’t be biased.
Clinton signing NAFTA is why much of the Rust Belt Turned from Blue to Red. So many decent jobs here went south after NAFTA was signed.
Clinton signed several bills the ruined the futures of the young people who followed. You can't buy a house and you can't earn a living wage because of Clinton.
The Clintons have done so much damage to this country. Wonder were we’d be today if they never existed.
I remember the hearings in Congress led by California representatives. They questioned the rating agencies. One answer they gave was we have never before had issues with mortgage backed securities before… Well, you all knew what changed,… congress forced, allowed , let , encouraged bad loans to be made for housing … uncreditworthy people bid up housing and federal agencies took risks, placing it on Americans.
Deindustrialization did what Imperial Japan, Nazi Germany, and the Soviet Union so wanted to destroy the United States. You know what's worse, many Americans directly and indirectly supported this destruction.
Keep going back farther. NAFTA sealed our fate long before this.
‘We don’t agree on human rights’
The people have voted with their wallets and have decided human rights don’t matter.
Aha ! So Trump did NOT Introduced tariffs for the first time since Herbert Hoover.