Tapsearch Com EditorPresident Obama still leaves out Free Trade as a cause of economic crisis
July 10th 2009 00:06
By Ray Tapajna - Top Bizarre Politics Blogs Articles
We need value added jobs up and down the line. 20 cents to a $1 an hour workers outside the USA who make our products can not buy that much from us and the new masses of working poor in the USA can not buy enough to give these workers a raise.
Big Government has merged with Big Money and hides from the fact that Free Trade was a major cause behind our global economic crisis. Many talk about the New Deal saving the U.S. economy after the Great Depression. All of the government intervention did very little to restore it. It took the Lend Lease Act to ramp up our industrial base and farming . It then took World War 2 to create the most powerful industrial complex ever in history. The production workers were the ones that really won the war.
The New Deal never sent production outside the USA. Free Trade has. It has left the U.S. incapable of restoring the American Dream . Our local value added economies have been fragmented into many parts across the globe for the sake of cheap labor. And underclass workers will never be able to do what it takes to make a comeback. There will be always workers who will work for less down to wage slave and child labor.
This is the bottom line at work- underclass workers frozen in time with impoverished wages.
In most major cities in the USA, the largest employer is the Federal Government followed by State, County and Local workers. Next in line are Education, Medical and Banking workers. These jobs are parasite jobs. All depend on taxpaying workers. The private sector jobs have been shipped around the world. The largest unions now are public sector workers holding government jobs. They make up about 50 percent of unions now. The private sector union workers make up only about 15 percent of all unions. The retail workers are a big part of unions now but do not make that much to affect any real economic change. About 75 percent of all private sector workers pay more in payroll taxes than they do in income taxes. Nothing adds up. Many workers in places like Wal-mart need government support to survive.
President Obama stimulus package is a dud. It will never work. Nothing will work until we bring back real jobs. President Obama and his financial friends are building a ponzi scheme with the global economy now just a big global casino full of bets using funny money. The bail out of Big Money acts as tariffs on future generations.
Ray Tapajna Tapsonline sites
We need value added jobs up and down the line. 20 cents to a $1 an hour workers outside the USA who make our products can not buy that much from us and the new masses of working poor in the USA can not buy enough to give these workers a raise.
Real jobs are gone and President Obama ignores what made them disappear
Big Government has merged with Big Money and hides from the fact that Free Trade was a major cause behind our global economic crisis. Many talk about the New Deal saving the U.S. economy after the Great Depression. All of the government intervention did very little to restore it. It took the Lend Lease Act to ramp up our industrial base and farming . It then took World War 2 to create the most powerful industrial complex ever in history. The production workers were the ones that really won the war.
The New Deal never sent production outside the USA. Free Trade has. It has left the U.S. incapable of restoring the American Dream . Our local value added economies have been fragmented into many parts across the globe for the sake of cheap labor. And underclass workers will never be able to do what it takes to make a comeback. There will be always workers who will work for less down to wage slave and child labor.
This is the bottom line at work- underclass workers frozen in time with impoverished wages.
In most major cities in the USA, the largest employer is the Federal Government followed by State, County and Local workers. Next in line are Education, Medical and Banking workers. These jobs are parasite jobs. All depend on taxpaying workers. The private sector jobs have been shipped around the world. The largest unions now are public sector workers holding government jobs. They make up about 50 percent of unions now. The private sector union workers make up only about 15 percent of all unions. The retail workers are a big part of unions now but do not make that much to affect any real economic change. About 75 percent of all private sector workers pay more in payroll taxes than they do in income taxes. Nothing adds up. Many workers in places like Wal-mart need government support to survive.
President Obama stimulus package is a dud. It will never work. Nothing will work until we bring back real jobs. President Obama and his financial friends are building a ponzi scheme with the global economy now just a big global casino full of bets using funny money. The bail out of Big Money acts as tariffs on future generations.
Ray Tapajna Tapsonline sites
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See also latest update of Federal Trade Commission article by Ray Tapajna in 1998 - revised in 2002, 2006 and now in 2009. See economic crisis not new - If this is a good economy, I would hate to see a bad one from FTC report
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