The deliberate impoverishment of people as US policy.

To achieve their goals of economic dominance and global hegemony, the American fascists need an endless supply of cheap labor, ample material and energy resources and military supremacy.In the current state of the world, India and China provide the cheap labor, both trained and untrained, while the US , Europe and Japan provide the markets for the goods manufactured by the global corporate powers.That is gradually changing as the US Administration has adopted a policy of deliberate impoverishment of the U.S. population, so as to shift the purchasing power to the emerging powers, India and China, through a massive shift in work and employment to those countries. The result will be a tremendous boost to the markets for the global multinationals whose profits will be greatly enhanced because the rules of doing business in China and India are vastly more leneient than in the U.S.These countries not merely do not require corporations to provide benefits like healthcare,retirement funds etc. but they also provide enormous tax incentives like ten to fifteen year tax holidays.

We can expect the erosion of our purchasing power to continue.The only thing remaining is for the global fascists to link up arms and make everybody in the world poor so they can have hungry people all the time who don't make any demands on the powers that be.

The robber barons are going global!

Ten years ago, I might have thought you were nuts. In 2005, you make an alarming amount of sense. I wonder what happened...

is another story all together.

:kick:

facilitated the race to the bottom?

They are deliberately destroying the middle class and government safety net programs so all that will be left is serfs for cheap labor, and the ruling class.

If people are desperate enough they will join the military to feed their families, look at the people signing up for the police force in Iraq. They have to know that is at best a 50/50 proposition and yet they are still signing up, they need the work!

And you are right about the Clinton era. There is a whole generation of people who are very disillusioned because of the way they saw government just 10 years ago and now what the far right is doing to the general populace - the prevelant attitude of "who cares, let them fend for themselves" !