The unemployment rate increased almost half of Americas 372 largest metro areas in July, which is actually better than June, when around three-quarters of cities saw their jobless rates go up. Meanwhile Departing Council of Economic Advisers chair Christina Romer asked Congress yesterday to "finish the job of economic recovery" by getting more cash into the economy through more tax cuts for small business and middle-class families, as well as pumping money into the nation’s infrastructure.” Unfortunately, nobody in the administration has yet to speak about the real problem - our insane trade policies.
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Comments
Do we need a "Chinese Dumping Party",to wake some people up?
Thom,
I've heard you saying that there's no "Free trade" and you are right about that.... but to get rightwingers on your side, I think you need to make this very clear: "We want trade that is going to benefit the United States"
"Free trade" just like war is just a form of international corruption that corporations use to make money by "living" in several countries at the same time.
We need "Fair-Trade".
Probably, a Corporate State would serve corporations rather than its work force...the majority. . The higher profits are made by outsourcing.
The current Admin, like its predecesors, is working on expanding "Trade (Outsourcing) Agreements" rather than pulling back from them.
Get how things work...and it all falls into place. The sacrificial lamb...the American people...the nation.... is on the alter of corporate treasuries.
Discussing how one of the Fathers of Economics, Ricardco, warned a country that allows shifting its labor costs or capital to another nation will impoverish itself is pretty irrelevant to that. It won't change the policy. or the gibberish used to support it.
The nation and its people will become increasingly impoverished... the corporate beneficiaries of the policy. see record profits. That's probably the route a Corporate State would take....regardless of a warning that's been known and heeded for over a century.
As Chris Hedges noted, the U.S. "has experienced a slow-,moving coup de 'tate."...while vigorously debating who can marry who.
Retired Monk - "Ideology is a disease"
Isn`t it somewhere in the constitution, that people have the right to overthrow the government,when it stop representing them?