Wednesday, March 17, 2010

Claptrap.

Editor,

The American economy is being outsourced, and American workers are being thrown out on the street. With a potential domestic market of 1 billion people and a seemingly endless supply of cheap, unorganized labor, China is a capitalist's dream come true.

The American economy did not start out as the largest in world history. It was bootstrapped by protectionist policies, investment in manufacturing for export and local consumption, and cultivation of a consumer class -- which by international standards is now too pricy for American corporations to employ.

Where post-WWII American corporations plundered overseas, a small domestic elite invited them in and profited handsomely while a veritable army of poor people starved in the streets around them.

So the future of the U.S.A. is: unemployed American workers (and "vets") starving on the streets of American cities, a burgeoning middle class in China, and a handful of rich bankers, managers, and marketers here running their offshore goldmine.

Please don't swallow claptrap about American corporations or their enablers in Washington looking out for or caring about American workers. Remember, this country was built on the backs of slaves, indentured servants, child laborers, and eradicating the American Indians.

re: "China Drawing High-Tech Research From U.S." (3/18/2010)

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