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Losing America's livelihood: the U.S. is headed for Third World status unless we change government policies that are driving U.S. businesses offshore, destroying jobs and putting entrepreneurs out of business.(Jobs)(Cover Story)

The New American

| January 26, 2004 | Jasper, William F. | COPYRIGHT 2004 American Opinion Publishing, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

John Williams has been shrimping since 1960. Together with his wife, Kathleen, he operates three shrimp boats out of Tarpon Springs, Florida, north of Tampa Bay. He has weathered recessions, squalls and hurricanes. But he is now facing a tidal wave that has already buried thousands of his fellow shrimp fishermen. It is a tidal wave of foreign shrimp--nearly one billion pounds of it--crashing onto the U.S. market from Red China, Vietnam, Thailand, India and more than a dozen other countries.

Last year Williams' outfit, Gulf Partners, Ltd., hauled in about one million pounds of shrimp. "We've produced about the same amount of product for the past several years," he ...

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Source: HighBeam Research, Losing America's livelihood: the U.S. is headed for Third World...