23 Facts Which Prove That Globalism Is Pushing The Standard Of Living Of The Middle Class Down To Third World Levels. Here's the first five. #1 From December 2000 to December 2010, the U.S. ran a total trade deficit of 6.1 trillion dollars. #2 The U.S. trade deficit was about 33 percent larger in 2010 than it was in 2009. #3 The U.S. trade deficit with China in 2010 was 27 times larger than it was back in 1990. #4 The U.S. economy is rapidly trading high wage jobs for low wage jobs. According to a new report from the National Employment Law Project, higher wage industries accounted for 40 percent of the job losses over the past 12 months but only 14 percent of the job growth. Lower wage industries accounted for just 23 percent of the job losses over the past 12 months and a whopping 49 percent of the job growth. #5 Between December 2000 and December 2010, 38 percent of the manufacturing jobs in Ohio were lost, 42 percent of the manufacturing jobs in North Carolina were lost and 48 percent of the manufacturing jobs in Michigan were lost. Click Here to see the rest.