Introduction
The decline of American manufacturing due to unfair global trade policies has led to economic despair, job loss, and rising mental health crises among American workers. Tariffs and economic protectionism are essential tools for revitalizing domestic industry, reducing unemployment, and restoring financial security, which in turn improves psychological well-being.
This article explores how unrestricted free trade leads to economic instability and mental health struggles, and how economic protectionism can restore hope and financial stability among American workers.
I. The Mental Health Costs of Unrestricted Free Trade
1. Job Loss and Increased Economic Anxiety
- A study in Industrial Relations Journal found that layoffs due to outsourcing significantly increase rates of depression and substance abuse among displaced workers (Blanchflower et al., 2023).
- Communities affected by trade-driven deindustrialization show higher suicide rates and lower life satisfaction (Case & Deaton, 2021).
2. Financial Insecurity and Psychological Stress
- The American Psychological Association (APA) has linked financial stress to higher rates of anxiety, depression, and cardiovascular disease (APA, 2022).
- A decline in blue-collar jobs due to free trade policies leads to increased crime, social instability, and mental health crises (Brookings Institution, 2022).
II. The Psychological Benefits of Economic Protectionism
1. Restoring Job Security and Economic Confidence
- Regions with strong trade protections report lower unemployment and higher psychological well-being (Economic Policy Institute, 2022).
2. Reducing Economic Anxiety by Strengthening Domestic Manufacturing
- A thriving industrial sector provides stable employment and financial security, reducing rates of financial-related depression and stress (National Bureau of Economic Research, 2023).
III. Policy Recommendations for Trade Protectionism
- Implement Tariffs on Foreign Imports
- Incentivize Domestic Manufacturing
- Reform Trade Agreements to Prioritize American Workers
Conclusion
Free trade policies have weakened the American economy, increased unemployment, and contributed to mental health crises. By reintroducing tariffs and economic protectionism, we can restore job security, financial confidence, and psychological stability for American workers.