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Politics : Politics for Pros- moderated -- Ignore unavailable to you. Want to Upgrade?


To: LindyBill who wrote (20945)12/22/2003 11:22:43 AM
From: MSI  Read Replies (2) | Respond to of 793696
 
It's an odd article. No one disbelieves increasing standards of living in the developing countries. US policies guarantee it. That's the good news, especially for those other countries, non-American multinationals, and the US politicians they fund, both Republican and Democrat.

The bad news is that its at the expense of working Americans without sufficient capital base invested in those countries or companies. The multinationals' refrain to the declining American standard of living is "get a different job, slacker!".

The author purports some sort of "coalition of liberals" concern about damage to other countries, substituting the wage argument for other damage. It's a dishonest premise. Given the choice Americans care more about the US middle class than other countries' wages.

Mexico is being used as a 51st state where environmental and labor laws don't apply, that can supply cut-rate manufacturing and services in a race to an equilibrium at the bottom of the wage scale worldwide.

Other countries are likewise being allowed unfettered access to US markets without corresponding access to theirs. US politicians have the floor on this debate but represent offshore corporate profits, not the majority of Americans.