Quote:
Originally Posted by Whatnext
No worms or parasites feasted on the US.
US corporations gave away its technology and manufacturing to other countries in pursuit of cheaper costs, high returns, and great dividends for stock holders, and the country feasted on all the cheap goods.
US lost the workforce to manufacture those goods, and even if companies bring home their industries, it will take billions of $$$ and years to start up and produce.
All the now perceived problems were self induced by Corporate America.
At least many technology items are now tariff free, as the price hit was going to cost votes, and sales.
Someone seems to be blinking quite rapidly!
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If you have a 401k or a pension, you are the evil corporation. Regulating foreign trade is a government responsibility. As usual, the mess we are currently trying to fix is a result of 50 years of terrible government trade and fiscal policy. The liberal accedemics who kept telling us trade deficits were a good thing are equally at fault. The question is, does America have the stomach to complete the reforms necessary to correct these 50 years of terrible government policy? With half the population in denial or brainwashed by propoganda, I doubt it.