Loading ...That club long ago, in the mid 1970s, decided they wanted America’s manufacturing workers to get paid less. They blamed the falling dollar inflation of the 1970s on WAGES. The SCUMBAGS called it the wage price spiral.
They even said “The United Auto Workers were ruining the country”. They also trained all the sheep, that manufacturing here was bad. Dirties the air, called us the rust belt and smoke stack. They also convinced the sheep they would get higher quality “cheaper” products.
At the same time, the off shored jobs were welfare for “less fortunate” nations, and bigger profits, corporate welfare for big corporations.
Now they have unintended consequences. Notice all the new minimum wage too low news lately?? General paychecks of tax payers are too low. And general paychecks, benefits and higher amounts of gov’t tax absorbers are too high.
They are in a catch 22 situation now. Also note all the problems in the Middle east, and European union.
Their dream of “a world that lives as one” big global Europe was a pipe dream. Its time to laugh at our “owners”. Ever since 9/11, they are weaving and bobbing to avoid reality.
Are you tired, hungry, out of work? Eat your foreign made car, TV sets, clothes, shoes under wear, coffee mugs, can openers etc. Yummy. 🙂
We are paying a global income tax, and making welfare payments, to other countries every time we buy an imported product. Be happy now. It has finally taken its toll on that club.