Since 2001, The U.S. Has Lost 42,400 Factories, 90,000 More Set to Close

[uscitizen]

I don't mean to rain on your populist parade, but the American working class will not recover from this recession precisely because their standard of living is still above that of the average world laborer.

Which is why the average world labourer has to have their standard of living lifted.

The tried and true method to do that is via free markets.

Just sayin'.

Yep so we can expect dropping wages and low employment for around the next 20 years?
Until we balance out with the rest of the world?

 

[Mr Natural]

I don't mean to rain on your populist parade, but the American working class will not recover from this recession precisely because their standard of living is still above that of the average world laborer.

Which is why the average world labourer has to have their standard of living lifted.

The tried and true method to do that is via free markets.

Just sayin'.

Let the free makets work things out and maybe a hundred years from now wages for the average world labourer will be on par with that of our own.

Of course, that doesn't do us in the here-and-now a whole lot of good now does it?

 

[uscitizen]

Or currency changes will just make our currency worth 80% less to get parity?

 

[GHook93]

Can you say NAFTA, CAFTA, the WTO, increased entitlements, taxation out of control, student loan non-dischargability (which allowing colleges to explode their tuition hikes) and the artificial mortgage market the ballooned property values, property taxes and mortgage payments!

These are all things started and promoted by BILL CLINTON and ignored by GEORGE BUSH! Two horrible Presidents one right after another!

 

[Diuretic]

I don't mean to rain on your populist parade, but the American working class will not recover from this recession precisely because their standard of living is still above that of the average world laborer.

Which is why the average world labourer has to have their standard of living lifted.

The tried and true method to do that is via free markets.

Just sayin'.

How?

 

[editec]

I don't mean to rain on your populist parade, but the American working class will not recover from this recession precisely because their standard of living is still above that of the average world laborer.

Yup.

The masters will no be satisfied until the whole world is divided into the have to muches, and the have not nearly enoughes.

And technology and international trade are going to insure that that is the outcome unless oruntil we RETHINK the social contract.

 

[editec]

I don't mean to rain on your populist parade, but the American working class will not recover from this recession precisely because their standard of living is still above that of the average world laborer.

Which is why the average world labourer has to have their standard of living lifted.

The tried and true method to do that is via free markets.

Just sayin'.

Well you just said it, but that's not how it seems to be playing out for workers in the industrialized first world.

The USA has the freest market on earth, but the average worker's quality of life is not rising, it's falling.

 

[uscitizen]

Which is why the average world labourer has to have their standard of living lifted.

The tried and true method to do that is via free markets.

Just sayin'.

Well you just said it, but that's not how it seems to be playing out for workers in the industrialized first world.

The USA has the freest market on earth, but the average worker's quality of life is not rising, it's falling.

Therefore we must have not made the market free enough yet?

 

[Shogun]

clearly, all of those former factory workers can just go back to school to become JAVA programmers and doctors.

 

[uscitizen]

clearly, all of those former factory workers can just go back to school to become JAVA programmers and doctors.

Or they could just stay at a Holiday Inn Express.