Democrats

Why Politicians Have Not Fixed The Economic Mess

October 26, 2008 ⋅  E-Mail Article ⋅ ⋅ Post a comment

I still can’t figure out why everyone acts like they don’t know why the global economy has failed. Maybe it’s because you cannot have slave labor in China, India, and Latin America manufacturing the items the yare trying to sell to Americans, Europeans, and upper class Asians. What the so-called economic geniuses have forgotten is that if you are not paid to build it you cannot afford to buy it. I am amazed that American auto manufacturers have not learned this lesson yet but apparently they haven’t. Business used to thrive by being the most ethical and efficient and then some idiots thought that they had the magic pill by changing from focusing on doing business good to doing it cheapest. These idiots lead sheep to the slaughter and everyone poured in but what they did not think about was that for every outsourced job to countries like India, China, and parts of Latin America they were eliminating consumers in America, Europe, and other parts of the developed world. The work force buys the products that are created and when you eliminate their ability to afford a decent living you eliminate their ability to buy so what we now have is a decimated working class who cannot buy any longer and a slave labor manufacturing base in Asia and India that cannot afford to buy.  Sure big business does not want this already busted bubble to be exposed so they say lets blame it on mortgages, home sales, financial markets, but what they are failing to say is the obvious, you cannot outsource your work and expect your economy to survive, its that plain and simple. The only way to have a global economy is to have fair trade, fair wages, and a fair standard of living; any other playing field will just lead to the same economic destruction we are currently seeing. We need to start over and this time eliminate outsourcing, reward businesses who manufacture and sell inside their own countries, and enforce fair trade legislation globally. In addition, we need to continue to develop technology such as clean coal and eliminate manipulating groups power such as OPEC’s, you cannot have a powerful group like them manipulate energy like they do, this will also lead to continued economic destruction..

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