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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: combjelly who wrote (286260)5/1/2006 7:26:02 AM
From: Elroy  Read Replies (2) | Respond to of 1575565
 
I care because I live here and not there. The wages of the middle class has a direct impact on how well the US economy does, and that impacts a lot of things, including many social things. The bleeding down of the middle class when Britain was shedding their empire made that country a pretty dismal place to live.

You don't live here so why should you care if you're attitude results in a more violent, nasty, reactionary population with increasing problems with drugs and crime?


So your concern stems from your own self interest rather than the greater good. Fine. As far as I'm concerned if the economic trends in aggregate are good for mankind, even if they are detremintel to American wages, I'll support them. If Americans want a better standard of living than the rest of the planet, they've gotta earn it.



To: combjelly who wrote (286260)5/1/2006 12:14:24 PM
From: bentway  Read Replies (1) | Respond to of 1575565
 
A strong, vibrant well compensated middle class is what makes America different from other countries. It's what made us the sole world superpower we are today. We're losing that, mainly from our own greed and stupidity. Perhaps regulation went too far, and some free market correction was called for, but now the free markets are hollowing out America.

If free markets means corporations chasing the lowest paid workers from country to country, the global effect may be positive, but the local effects in already developed countries will be negative.

Some means for dealing with this transition must be found.