Quote:
Originally Posted by mikey_the_redneck
America was a manufacturing juggernaut. Once upon a time they made the best of everything.....
Now, with "free trade", you have American middle-class labor directly competing with 3rd world slave labor. The result of this, is that middle-class jobs are being sent offshore to save costs for the big corporations, and these jobs are being replaced with service industry jobs, that generally pay much lower on average.
http://www.huffingtonpost.com/2011/0..._n_827360.html
By merging the western middle-class labor pool with the rest of the world, the standard of living will be merged as well, and Americans will be living like Mexcans/Chinese in no time. |
America was built on the back of innovation not protectionism, world trade has been going on for centuries. America produced goods that no one produced, innovated where no one else was, why? Because that was the spirit that drove the pioneers through to the mid 20th century. And then complacency set in.
The path out of this funk is always going to be innovation and drive, not protection of jobs that can easily be done by someone who requires no education or training. Is that the kind of jobs Americans want for their children? How many kids grow up these dreaming of getting up in the morning and heading to the factory to work 8 hours of mindless, mind numbing work?
This is going to be an unsettled decade for the US but they will come out of stronger.