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madman101 December 1 2010, 01:09:22 UTC
MY LJ FRIEND SAID: "DON'T buy everything american when you shop. America has passed all the levels of industrialization and is well past its peak and the benefits it can derive from developing industry. It needs to focus not on improving its domestic industry, but on improving its quality of life (such as issues involving healthcare, education, gender parity, distribution of wealth, etc). Rather than shopping American made only, educate yourself on which developing countries are relying on the income from their exporting industries to build up basic infrastructure and begin providing healthcare and education opportunities to its impoverished citizens. The US is in a downward spiral in terms of industry - it's really not in our best interest to continue manufacturing here, when our strengths lie within "brain" industries and technology. Low-wage, low-skill labor is most beneficial to developing countries, where even the crappiest, lowest paying job means access to basic everyday necessities that were previously unobtainable ( ... )

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madman101 December 1 2010, 01:10:31 UTC
I CONTINUED: "How many people are in the world? Almost 7 billion. How many jobs have gone overseas in the last 10 years? At least 8 million, I believe - possibly a lot more. Now, you believe these jobs are going to create more good in an environment of BILLIONS than they do here? We had protections, like LABOUR, to keep wages LIVABLE in this country. Thus workers could spend their money, it would go into services, recirculate through the economy, and do everyone good. Keeping the dollar strong, through related policies, also brought up exports from other countries. Of course, via monopoly exploitations alligned with banker/gov't lenders, there was this little problem called the poor terms of trade", meaning that THAT money made by workers who made the goods exported to us BASICALLY went into owing money to our monopolies ( ... )

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