Those who want to «bring the economy back home» might be advised to contemplate the fact that the situation that obtained in 1945, when the US held half of a war-devastated world’s wealth, was a historic anomaly and extremely unlikely to return. Rather, a world like that obtaining before 1850, in which China and India were responsible for half of world trade is far more typical and far more likely. The thing to fight for is to improve the wages and working conditions of all workers, irrespective of country. And to keep us on track, it should be noted that China is not at all the country in which such wages and working conditions are worst (which is one of the reasons why the giant multinations are contemplating moving more of their manufacturing efforts from that county ; the only thing holding them back is the lack of an adequate infrastructure in countries in which wages are lower)….
How can fiscall cliff pay the bills when he helped implement a policy whereby manufacturing jobs are exported, mega chain shops are supported to the exclusion of the independent business, and products made in China at slave wages are the norm.
Bring the economy back home.
kozandaishi
Land of the Free (sic) and Home of the Bright Shining Old Time Gospel Hour City on the Hill – A Veritable Faux Sermon on the Mount Light unto the World and Largest Patriotic Circus Sideshow Shell Game in history. To paraphrase Mickey Rourke… “Fiscal Cliff for all my friends!”
The cruelest country in the world. Because it doesn’t have to be….
Those who want to «bring the economy back home» might be advised to contemplate the fact that the situation that obtained in 1945, when the US held half of a war-devastated world’s wealth, was a historic anomaly and extremely unlikely to return. Rather, a world like that obtaining before 1850, in which China and India were responsible for half of world trade is far more typical and far more likely. The thing to fight for is to improve the wages and working conditions of all workers, irrespective of country. And to keep us on track, it should be noted that China is not at all the country in which such wages and working conditions are worst (which is one of the reasons why the giant multinations are contemplating moving more of their manufacturing efforts from that county ; the only thing holding them back is the lack of an adequate infrastructure in countries in which wages are lower)….
Henri
How can fiscall cliff pay the bills when he helped implement a policy whereby manufacturing jobs are exported, mega chain shops are supported to the exclusion of the independent business, and products made in China at slave wages are the norm.
Bring the economy back home.
Land of the Free (sic) and Home of the Bright Shining Old Time Gospel Hour City on the Hill – A Veritable Faux Sermon on the Mount Light unto the World and Largest Patriotic Circus Sideshow Shell Game in history. To paraphrase Mickey Rourke… “Fiscal Cliff for all my friends!”
Don’t worry, the Democrats have your back.
And they’ll be happy to sell it for a mess of pottage.
~