Monday, February 13, 2006
The class struggle continues
So the question is, why do workers continue to support the people who are stabbing them in the stomach? No values are worth unending poverty and being hat-in-hand constantly. To workers I say this: trust your experience, not the Republican's promises. If you are poorer, it's time for a change.
Free-trade critics say that the trade deficit hurts blue-collar Americans by pushing them out of relatively well-paying manufacturing jobs and into lower- paying service jobs. If the flood of cheap imports could be dammed, American producers could retain workers at higher wages and Americans would benefit by expanding their purchasing power, they say.
"Were the trade deficit cut in half, GDP would increase by nearly $300 billion, or about $2,000 for every working American,'' said Peter Morici, a business professor at the University of Maryland and a frequent critic of U.S. trade policy. end quote.Class warfare, par excellence.