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Saturday, May 22, 2010

05/22/10 Westchester County Resident And US Senate Canidate Michael Sepe Speaks Out On The Global Economy And Free Trade

Senatorial Candidate Michael Sepe issued the following Statement:

America is now in a global economy without restrictions.

That is the same as having 3 billion people who make 1 dollar a day without any benefits living next door to us and asking the American people to compete with them. The net result is equalization of standards of living and quality of life. Their standards of living and quality of life will greatly improve and our standards of living and quality of life will erode quickly.

Everything we are experiencing today is the direct result of being in a global economy without our government protecting us.

This is why we have massive unemployment and we will continue to have massive unemployment.

Schumer's answer to this problem is to print money and tax everyone to death to pay people to work.

In fact, after printing over a trillion dollars we still have almost 17% of our workforce unemployed, 80% of our college graduates unemployed and 30% of our workforce underemployed. 95% of Americans have now had their lives disrupted and over 50% have seen a dramatic decline in their quality of life and standard of living.

Schumer will pass a Value Added Tax if he remains in office.

Every tax increase and every new tax imposed is just an erosion of everyone's quality of life and standard of living.

Automation, robotics and ingenuity will always cause the loss of jobs, that is why we must immediately stop the further losses of jobs to other countries.

Invention and new technology is a major source of new jobs and we must protect and invest heavily in that source.

The only way to solve our Nation's problems and preserve our standard of living is to immediately impose fair trade restrictions, make our industries globally competitive again and reclaim the jobs lost overseas.

From this day forward, America must protect every job, no matter how big or small.

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