Where the Jobs Went
I am constantly puzzled by critics of Obama from both parties who don’t get the basic fact that we have moved on into a global economy in which other nations can compete with us for jobs simply by paying their workers less than nothing and not providing benefits to which we are accustomed: China, India, others. The Europeans are facing the same problem.
The blue collar jobs in particular are not going to come back. We could create jobs repairing our failing infrastructures were we not wasting so much money on pointless military things — some 700+ military bases that provide jobs in the countries where we have located them post WW2, etc. We could redirect some of those jobs to our unemployed and massive numbers living in poverty. The list identified by this website is too lengthy for a blog. Check it out:
Also the debate continues on which is more expensive — the Obama reforms or the old system with its massive profits for the drug companies and profit-making medical insurance. Notice the Indian accents when you try to deal with the latter.
Needless to say corporate tax dodging is not the newest game in town but the global options make if virtually impossible to track. BP has most of its financials based in small island nations impossible to track or regulate.
I could go on and on but my final blast is that our key media are owned by the ultra wealthy (e.g. Murdock from Australia) and don’t mention such things. Reports of such corruption are few and have little effect except upon those of us who follow such things. Sign up for Amy Goodman’s Democracy in America outlets near you if you want the details daily:
“A war is just if there is no alternative, and the resort to arms is legitimate if they represent your last hope.” (Livy cited by Machiavelli)
Ed Kent [blind copies]