Commented Aug 22, 2012 at 14:37:59 in Politics
“There is a good chance that he is
right no matter who is elected. Quicker with Romney. The opening of
cheap labor to the world is why everything is crumbling in the
western world. When enough jobs are lost to cheap labor it affects
your tax base. Without jobs were is the money going to come from? The
rich? I do not think so. If you tax them and they can not find a way
out of paying them, they will go else where. Globalization could be a
good thing if the world was brought up to our level, but that is not
going to happen under unregulated capitalism and no labor laws.
Businesses can move to where they are not regulated. This enables non
competitive monopolies. It does not take much thought to see where
this leads. A third world world, with only the very poor and the very
rich. (then civil wars?) All of this was brought on by the free trade
agreement and Americans buying cheap foreign products while their
fellow Americans were loosing their jobs. And people think that a
president can change this. In that Romney is one of the rich, do you
really believe he will even try to stop this? It seems to me that he
was one of the first to jump on the outsourcing band wagon. Watching
this will make you see why I see little hope.
http://www.democracynow.org/2010/9/22/chilean_economist_manfred_max_neef_us”
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