Made in [Deleted]
It is most fitting that this speech last week on "Strenghening America's Economy" as it served an excellent metaphor for Globalization's devastation to our economy and the masking of the truth by the nation's power brokers. It's not just manufacturing jobs now, but more and more high-tech and other "knowledge based" jobs have migrated to Asia. Multinationals, spurred by the allure of cheap labor, have poured billions of dollars into the coffers of a repressive regime that is the antithesis of freedom and just about everything emblematic of America. There's no evidence that increased trade has led to increased freedom for China's workers. Earlier this month, for example, labor activists Yao Fuxin and Xiao Yunliang were put on trial by the Chinese government. Their crime? Organizing protests at a steel mill. Their demand? Back wages that had gone unpaid for as long as 20 months and overdue pension payments for retirees.
The effect on our economy has been catastrophic - unemployment is rising, mortgage foreclosure numbers are at epic proportions and our federal budget deficit is now spiraling into the stratosphere.
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