To exchange goods, ship and supply those on another side of our now “globalized world,” and as a result to lose jobs, then to close factories as well. There are in fact losses in liberalized trade, as those who are losing, are annually becoming a far greater number of people as the policies that are put into place, are not adequately protecting the domestic worker. Communities that for decades have been manufacturing havens are now the ones who happen to be the most affected by the trading with the rest of the world, that then results directly with the rise of unemployment, alluding to the vulnerability of the factory worker, which then bemoans another growing worry of just how easy a job in a manufacturing town can be there one day, and the next day that same job can be completely gone, as many of these industries within this nation are susceptible to virtually disappearing from existence, and it seems that no one can do anything about these unfortunate sets of events. Mexico, as well as China, are not responsible, as the world markets have been integrating at a much faster rate than before, both of these countries have been and will continue to be major role players of the U.S. world trade policy.
World trade is here to stay, those aforementioned countries, do not tell the whole story — how is it that job security in the manufacturing realm of the nation continues to be seen as a bygone. The people who often times have been working for decades are now unfortunately not able to continue with their employment, laid off because of agreements the United States has made through the World Trade Organization that seeks such arrangements that have a lot of times directly or indirectly been devastating to the manufacturing sector i.e., the millions of jobs lost since NAFTA and other trade agreements that have been signed by either a republican or a democrat that has been president since the its enactment in the nineties. Which goes to show that the outsourcing of jobs does not stop, in a globalized world, more is at stake when the economy worldwide is not growing, the costs get much steeper, while the main focus of multinational entities continues to emphasize on raising value for the company and their shareholders. That continues to be an imminent danger for those who still have jobs in the manufacturing sectors that are spread throughout the country, as a lot is placed in the market values which still are associate with a lot of risk, as recent events like the bursting of the housing bubble, is reminiscent of the dire consequences of how a lot of places in the world were completely thrown off by the stock market and the crashing of countries had directly affected world trade in the way where manufacturing jobs came at the expense of the United States having to reconfigure to stay up with developing countries and their growing economies that created a much greater competition at a much cheaper cost. Shifting production from the United States to other parts of the world seemed like a no brainer for a lot of multinational companies in order to avoid more losses and further losing value in the market.
It is with no question that both democrats or republicans, have been steadily behind the curve, which brings up the question, what can be done to reintegrate the workers who’ve lost their jobs? How can the incoming elected president be up to modern times in order to be ready to respond with what happens when the current commander in chief (along with a lot of other world leaders) are siding mainly with the interest of private entities that are supporting more globally trade based initiatives such as the Transatlantic Trade and Investment Partnership (T.T.I.P.) with the European Union. There is no doubt that if this agreement is passed then it will exacerbate what has been happening to domestic workers of a lot of industries making world trade in the United States synonymous with the closing of factories and the laying off more domestic workers.
The cost of continuing to ignore the effects that promoting the value of a corporation can not continue. These strategies of trading with Europe, should not incur as much of a negative outcome to those involved in both the sending or the receiving of either services or product. Additionally, there are currently a lot of technological advancements that should make world trade a priority for a presidential candidate to address effectively on how to tackle the oncoming automation that will additionally leave many more people looking to have to re-insert themselves in another segment of their American economy to keep up with the world trade market and its forceful nature in forcing to displace domestic manufacturing jobs in the United States.