Anyone who compares the U.S. to Zimbabwe, Portugal, Italy, Ireland, Greece, and/or Spain is an idiot.
Ummm… okay…..it used to be just Zimbabwe… then it was Greece and Zimbabwe… now it seems like more and more countries.
Seems like the list is growing…
Perhaps you can show us successful historical references where your scheme actually was successful.
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Brian I respectfully disagree with your rose colored outlook on globalization. The reality of globalization has clearly been contrary to your posting for more USA citizens over the past 30 years. That is globalization essentially levels the standard of living for the masses who are not rich or in a ruling class. In that respect our masses in the USA have quite a ways to come down. Until the working class ALL AROUND THE WORLD is essentially equal and labor costs are around the same, then capitalism will always dictate that you go to the lower cost center to build and obtain labor if the quality of the finished product is equivalent.
We have seen over the past 30 years, with increased globalization, the inequality of wealth in the USA has decreased proportionally. The middle class has shrunk, the lower class has grown, and the rich guys have all gotten richer. The quantity of rich people has not grown as fast as the quantity of poor people and probably has not grown as fast as the middle class has shrunk. We have seen many headlines about the increasing disparity of wealth in this country.
I don’t have clear evidence of that, and it is a speculative statement however I think it is pretty clear.
I am not saying capitalism is bad, however it is a consequence of it when you follow the string… for better or for worse.
The only “system” I know of where everyone wins, and everything gets better for everyone is a ponzi scheme.
