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Who Killed the Middle Class?

Allan60 Wrote: Feb 19, 2013 4:50 PM

Again, you mention an ill defined "other job". I'm asking for specifics, we know that there are a large number of unemployed people in the USA. Advise them on what the best course of action for them to take will be. And try to remember that not all of them will be geniuses, and those people need some way to earn a living as well. Unemployment and offshoring of jobs driven by BOTH bad policy decisions and "free trade", I have never said otherwise. There is something superior about manufacturing, it is that the product of your labor can be exported, services often cannot be shipped overseas. Someone in India might buy a car made in the USA, they have far less use for a US based lawyer, doctor, hair cutter, lawn mower, police officer.

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Who Killed the Middle Class?

"It is our generation's task, then, to reignite the true engine of America's economic growth -- a rising, thriving middle class."

So said Barack Obama in his State of the Union.

And for one of his ideas to reignite that engine, Republicans applauded.

"And tonight, I am announcing that we will launch talks on a comprehensive Transatlantic Trade and Investment Partnership with the European Union -- because trade that is free and fair across the Atlantic supports millions of good-paying American jobs."

One wonders if any of those in the hall who rose robotically at the phrase "free and fair" were...

Related Tags: China Japan Trade Middle Class Barack Obama Jobs and Economy global economy