Ya, that's why the democrats have been onboard with free trade as well. They must have been GOP spies. Face it, the movement of labor overseas is neither a left or right agenda, it is shared by both parties. That has nothing to do with Ragan or any other president specifically to be quite honest. It has been a function of modern times and a piece of the puzzle that people don't seem to understand but don't go the hackery way of hefting this on an ideology. Neither ideology ascribes to a free trade system yet both live and die by it. I don't see any aspirations of Obama that would address this problem. I have never even seen a democrat talk about it seriously. Nor a republican.Q. But isn't that stimulating the economy of China ?
A. Shut up.
From FDR to Reagan - Lemme explain...
The Left (the real Left) *blah blah blah, hackery bullshit, blah blah evil GOP more hackery bullshit...*
I made it very clear that Clinton and the New Left were part of the problem. When the Left abandoned labor and sided with Capital, we lost the distinction between the parties. Now both parties side with capital's desire for cheap labor. Both parties are owned by the concentrated power of concentrated capital, which funds elections and staffs government.
Here is the problem with cheap labor. You need to build a credit card economy to make up for decreased wages/benefits. You need to hand out Visas and Master Cards and encourage greater and greater debt-based consumption to keep the economy afloat. This is what happened when Reagan crushed unions and drove labor costs down. Without wages to drive consumption, we needed to build the largest credit economy on earth and turn our very homes into ATMs. ...- anything to make up for the lost wages which made possible staggering profits. [This is the structural flaw with Reaganomics. If you give the suppliers cheaper labor (aka higher profits), your consumers have less purchasing power. So you need more bubble and credit gimmicks to maintain consumption - hence 1980 to the present]
The only serious politicians to address this issue are
1) The old FDR Liberals who did everything possible to make American capital beholden to American labor
2) Ross Perot and the giant sucking sound...
The greatest irony is still Reagan and his amnesty bill. He broke American labor by opening the border to Mexico . . . and then his party used illegal immigration to fire-up the idiot base.
Brilliant.
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