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Germany and Japan were devastated (deservedly so) after WWII. The U.S. sponsored the Marshall Plan which restarted manufacturing in those countries. Within twenty years, those two countries were on their way to becoming economic power houses.
Japan, South Korea, Taiwan, and Hong Kong have few natural resources. Yet their people enjoy a high standard of living because they have a large manufacturing base. The United States was once a creditor nation because we manufactured almost everything we needed and had goods to export to other countries.
The runaway greed of the multinational corporations has driven almost all manufacturing from our shores and put us in hock to the world because we import almost everything we use. This does NOT benefit the PEOPLE of America. It hurts the people of America as, at the same time, it provides unseemly profits to a small cabal of executives at the head of the multinational corporations.
American consumers do not benefit from cheap foreign labor as the corporations do NOT pass along the savings from using cheap labor by lowering the prices of products proportionately. This is why we have such a huge trade imbalance, the standard of living for Americans has dropped since the 1970's, and the value of the dollar has dropped significantly relative to other currencies.
The decrease in the value of the dollar increases the cost to consumers of imported goods further wiping out any cost advantage due to cheaper labor costs. Simultaneously, it doesn't increase American exports very much since hardly anything is manufactured in the U.S. anymore...except for military hardware. This explains the big push to sell $20 billion worth of weapons systems to our "friends" in Saudi Arabia. It is designed to prop up the military/industrial complex and make the trade deficit a little bit smaller. The fact that it will further destabilize the Middle East doesn't concern the Bush regime...you know the "experts" on security.
By manufacturing the goods that we need here in the U.S. and giving Americans jobs, we not only make foreign debt unnecessary, but American workers pay taxes which means that you simultaneously reduce the Federal deficit. It is a win-win situation for america.
The multinational corporations will tell you that we need "free trade" in order for them to be "competitive". That is a pile of rubbish. There is NO "free trade". Trade is controlled by and for the exclusive profit making of the corporations. NAFTA, the IMF, WTO, the World Bank, and an assortment of trade agreements are all mechanisms for tightly controlling trade for the benefit of the corporations. Who the hell are the multinationals competing with? Themselves?
The corporations prop up a "sugar" industry in the U.S. by propping up the price of sugar by limiting imported sugar through a system of quotas and import tariffs. Our government has to do the same for manufactured goods to bring manufacturing jobs back to the U.S. This is the ONLY way to keep the U.S. economy from collapsing, which would turn this country into a banana republic. The corporations are propping up the corn growing agribusinesses by preventing the use of switch grass to make ethanol, rather than the more expensive corn.
NAFTA, WTO, and other trade agreements have to be rewritten or scrapped for this country to be turned around. This is the solution to many of our country's problems.
It goes without saying that NO Republican in the race would do anything about this problem. Dennis Kucinich talks about it, but he has little chance of becoming president. That leaves us with the big three.
Clinton has started talking about being for "change" long after first Edwards, and then Obama, started getting traction with this message. For a long time she touted her "experience", which was somehow gleaned from her being first lady under Bill.
So what experience did Bill provide? He pushed through NAFTA, deregulated the mass media, continued granting Most Favored Nation Trading status to China, and similar policies that contributed to the mess this country is in today. With that experience, her claims that she now will undo these policies that husband Bill promoted lacks credibility.
Obama has picked up the populist message, also. However, he talks about reaching across the table to appeal to those people that promoted these policies to convince them to undo the policies that made them unseemly rich beyond avarice. Duh!
Edwards has spoken the populist message early on and has indicated it will be tough to change these policies. He has fought the big corporations before and succeeded in getting them to agree to his demands. Edwards' policies are NOT designed to destroy any corporations. They are designed to level the playing field to give ordinary Americans a chance to survive in the economy. This is what Franklin D. Roosevelt did to prevent America from total economic collapse in the 1930's, and save capitalism and democracy.
Any intelligent American, whether Democrat, Republican, or independent can understand this, and why John Edwards is the only credible candidate for the November, 2008 election.
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