Saturday, July 24, 2010

The end of life as we know it

MANIFESTO

This is really one of the most depressing items I've read recently.
[T]he middle class is being systematically wiped out of existence in America.

The rich are getting richer and the poor are getting poorer at a staggering rate. Once upon a time, the United States had the largest and most prosperous middle class in the history of the world, but now that is changing at a blinding pace.

... the globalism and "free trade" that our politicians and business leaders insisted would be so good for us have had some rather nasty side effects. It turns out that they didn't tell us that the "global economy" would mean that middle class American workers would eventually have to directly compete for jobs with people on the other side of the world where there is no minimum wage and very few regulations. The big global corporations have greatly benefited by exploiting third world labor pools over the last several decades,
There are a few voices crying in the wilderness anent this society-killing phenomenon, but as long as the ostensible change makers sanction the status quo, I'm not real optimistic about the republic's future.

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