"Dan Luke" writes:
That's the free market. It sucks, sometimes.
It is getting to the point where it will suck ALL the time for the incomes
of many Americans. The global free market economy will tend to level out
standards of living world-wide. Americans (and West Europeans) will not
like this, I predict.
True, but we could lessen this affect quite a bit by pursuing free
trade agreements with 1st world partners, instead of 3rd world. With
3rd world partners big business gets cheap labor and they get a market
to dump cheap goods. Our middle class loses. With 1st world partners
we'd get a market for high-value-added goods and no cheap labor
competition. The middle class would win.
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