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**yxn2dC07** · 02-20-2011, 02:14 PM

As I have maintained ever since I joined here, when we are still bleeding jobs to China and other places, any growth in employment will be hard to realize. What we have going on with corporate globalization only makes matters worse for the folks here at home, out of work.

I think we are seeing the down side of corporate globalization. The part Clinton and the Pub Boys never told us about. They forgot to include the caveat that while we will be able to buy our shit cheaper, don't expect your factory job to still be here to finance your buying cheap toaster ovens. In fact, that new lower paying, lower benefits service job you had to get to replace your old job, makes the Chinese price for toaster ovens, about the same when compared to your income as it was prior to your job being sent elsewhere. Yeah, that's right. This globalization model invented for the corporations to maximize profits has a down side. But only if you are a working class bloke.

And of course the recession laid bare the bones of the effects of corporate globalization upon average people here in America. The part that we were never told about, but should have known, if we had used common sense. I just wonder how long it will take before we come to our senses, and admit that manufacturing is still essential to this Nation and its economy and its people. Until we once again make our own toaster ovens for our consumer happy society, people will suffer, and suffer greatly.

It's high time for tax rates on the rich to move back up to what they were. Then the gov't redistributes those monies to non rich folks who then spend them, giving the economy a shot in the arm. It's not like the gov't puts those revenues in a locked box. No, instead of being squirreled back by the rich, that money is spent, and every dollar spent goes back into the economy in some form or fashion.

Ask yourself this. Is it better for govt to tax and spend, putting those dollars back into the economy, or is it better for the rich to have low tax rates and then take the savings and invest in China? Where the return is much higher than here, due to the cheap labor over there. I know which way seems better.

02-20-2011, 02:14 PM	#4
yxn2dC07 Join Date Oct 2005 Posts 548 Senior Member	As I have maintained ever since I joined here, when we are still bleeding jobs to China and other places, any growth in employment will be hard to realize. What we have going on with corporate globalization only makes matters worse for the folks here at home, out of work. I think we are seeing the down side of corporate globalization. The part Clinton and the Pub Boys never told us about. They forgot to include the caveat that while we will be able to buy our shit cheaper, don't expect your factory job to still be here to finance your buying cheap toaster ovens. In fact, that new lower paying, lower benefits service job you had to get to replace your old job, makes the Chinese price for toaster ovens, about the same when compared to your income as it was prior to your job being sent elsewhere. Yeah, that's right. This globalization model invented for the corporations to maximize profits has a down side. But only if you are a working class bloke. And of course the recession laid bare the bones of the effects of corporate globalization upon average people here in America. The part that we were never told about, but should have known, if we had used common sense. I just wonder how long it will take before we come to our senses, and admit that manufacturing is still essential to this Nation and its economy and its people. Until we once again make our own toaster ovens for our consumer happy society, people will suffer, and suffer greatly. It's high time for tax rates on the rich to move back up to what they were. Then the gov't redistributes those monies to non rich folks who then spend them, giving the economy a shot in the arm. It's not like the gov't puts those revenues in a locked box. No, instead of being squirreled back by the rich, that money is spent, and every dollar spent goes back into the economy in some form or fashion. Ask yourself this. Is it better for govt to tax and spend, putting those dollars back into the economy, or is it better for the rich to have low tax rates and then take the savings and invest in China? Where the return is much higher than here, due to the cheap labor over there. I know which way seems better.
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