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www.informationclearinghouse.info...
On January 6, 2004, Senator Charles Schumer and I challenged the erroneous idea that jobs offshoring was free trade in a New York Times op-ed. Our article so astounded economists that within a few days Schumer and I were summoned to a Brookings Institution conference in Washington, DC, to explain our heresy. In the nationally televised conference, I declared that the consequence of jobs offshoring would be that the US would be a Third World country in 20 years.
That was 11 years ago, and the US is on course to descend to Third World status before the remaining 9 years of my prediction have expired.
originally posted by: starviego
Close the damn borders, and a lot of these problems will slowly solve themselves
originally posted by: WeRpeons
a reply to: JesseVentura
Considering the U.S. is the most wealthiest country in the world, you would think we would be leading all other wealthy nations in minimum wage. That should say a lot about how greedy the 1% is in this country. Is there any wonder why we have so many people on welfare?
If you have a small business and lets say you employ five people. If you're not making enough to clear $75.00 an hour to cover employees at just $15.00 an hour, than you shouldn't be in business! If we had universal healthcare like most industrial and wealthy nations, the small business owner wouldn't have to be concerned in covering healthcare costs!
It's funny how the multi-billionaire owners of a retail company (Walmart), are raising their minimum wage to $9.00 an hour because of a push to raise minimum wage. They than make a commercial acting like they're doing this out of the kindness of their heart, lol. I'm sure they could easily afford a minimum wage at $15.00 an hour.
originally posted by: the2ofusr1
Paul Craig Roberts latest "US On Road To Third World" is well worth the read . He claims it's worse then the official statements say .
www.informationclearinghouse.info...
On January 6, 2004, Senator Charles Schumer and I challenged the erroneous idea that jobs offshoring was free trade in a New York Times op-ed. Our article so astounded economists that within a few days Schumer and I were summoned to a Brookings Institution conference in Washington, DC, to explain our heresy. In the nationally televised conference, I declared that the consequence of jobs offshoring would be that the US would be a Third World country in 20 years.
That was 11 years ago, and the US is on course to descend to Third World status before the remaining 9 years of my prediction have expired.
originally posted by: hurdygurdy
Wages should be commensurate with how much the job benefits society. Elder care and child care workers earn very low wages yet where would society be without those angels of compassion. CEOs, politicians, doctors (who don't heal), lawyers, professional athletes, et el, earn premium wages while providing little benefit to anyone but themselves.
originally posted by: Drinking
Because society needs janitors and cashiers much more than it needs more PHD degrees.
If the people doing them can't earn enough to live, education is not going to change that.