Quote Originally Posted by Olympia View Post
I agree with you, and I don't think it's a rant. The economic benefits of farming out labor to another country don't go to workers, and they don't go to consumers. They go to executives and shareholders. This creates a disconnect between the top economic level and everyone else that is not healthy. Add to that the reluctance of anyone to raise taxes, and the main stream of money coming into the country stays concentrated in a very small group of hands.
It gets better. Since our economy is not creating enough wealth to sustain itself, our government is forced to borrow money at a tremendous pace. Our government survives by selling Treasury bonds. Who buys most of them? That's right - the Chinese. Where do they get the money? Form all those factories we exported to them. If we had a President or a Congress with the guts to reverse some of the "free trade" nonsense, American factories would have to re-open, hire workers, and make products we used to import from the sweat shops. That is how we create the wealth we need to pull ourselves out of this recession.

Mathman : Here is an experiment you could try. Find an economics professor at your university. Ask him if free trade has helped or hurt our economy over the last 20 years or so. He will look at you like you have 2 heads. He will tell you how wonderful and fabulous free trade is, because that's what he was taught. Free trade is the god before which economists are taught to bow down and prey.