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Reply #83: The root cause of most of our problems is the offshoring of manufacturing jobs which created ... [View All]

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AdHocSolver Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Apr-04-08 03:14 PM
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83. The root cause of most of our problems is the offshoring of manufacturing jobs which created ...
a huge trade deficit and enormous debt owed to foreigners.

Since we buy almost all of our "everyday" goods from foreigners, we have become totally dependent on them for survival. It is equivalent to the servitude of miners to the "company store".

The proposed "corporate" solution that you get a technical education and produce high tech items to sell a comparable amount of high priced goods to our trading "partners" is a fool's solution.

If we buy staple items (food, clothing, toys, consumer electronics) from foreign countries, how many CAT scan machines or MRI machines would we need to sell them to break even? Many, many more units than they would ever be able to use in a hundred years. Moreover, the corporations are transferring all the technology to China anyway so that they can produce high-tech items over there just as well as here. The purpose for forcing the workers to buy from their employer's store was that they could never pay off the debt, and so became virtual slaves to the company that they worked for.

This is the system set up by NAFTA, the WTO, the IMF, the World Bank, and don't forget the Fed.

The buzz word used by the corporations is "free trade". Wake up folks. There is NO "free trade". The term is a total fraud. NAFTA, the WTO, etc. are all trade agreements designed to stifle competition, destroy workers' rights, and turn the U.S. into a feudal society of serfs.

There is ONLY one serious solution to turn this country around. Get rid of NAFTA, the WTO, and all the other corporate-run institutions and agreements and set up import restrictions and tariffs to enable U.S. firms who want to produce goods in the U.S. with American workers to compete with the multinational corporations.

The main purpose of offshoring by the corporations, was not to produce goods more cheaply to sell here, but to create new consumers in China so that they can have new markets to sell goods in, after they impoverished Americans with their economic tactics.

GM spent a billion and a half dollars to build a Buick plant in China to sell cars to the Chinese. They refuse to build the fuel-efficient, low-polluting cars Americans want and, at the same time, the Chinese government allows them to sell their gas-guzzling, polluting Buicks in China.

This is the U.S. last chance to turn this country around. The problems we have are not due to government per se, but is due to the privatization and corporatization of government. You cannot develop a solution if you don't understand the problem.

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