[mincbiori]

"In terms of the processing of that debt, the real problem has been in how quickly we have been able to pay off the Bonds we have been issuing serially since the Revolution, and since our Export to Import Ratio has gone lopsided towards Import —due to our own deliberate planning, by the way — that seems to be an increasingly slow process. The imbalance we currently experience was started when American business woke up to the fact that they could make their profits in a much easier fashion if they pushed their Labor Intensive processes off shore to the parts of the Third World that were at an educational level sufficient to handle those processes, but not yet advanced enough to require salaries equal to those found in America. Interestingly enough, the rest of the Third World has learned that lesson, which is why The Philippines – which benefitted from the first round of transition of America’s Labor Intensive processes, lost out by the 1990s when they saw those same processes being moved to China for identical reasons. One needs to wonder just where those American processes are going to be moved now that China’s Laboring Class is gaining higher salaries."

Sounds like what I have been saying.

1: The CEOs and owners of big business get really greedy raising their own salaries before raising the workers salaries. (R) Views

2: The workers unionize to gain equal treatment and pay, but then get corupt and run the production out of the nation because they have labor sitting in break rooms for 8 hrs getting paid $45/hour. (D) views.

Hand in hand, democrats and Republicans kill the production in America, but I think having jobs in America while having .01% of the populous being Gagilionairs and still having 1% unemplyment is better than driving production overseas due to government intervention into the lives of the private business.