When you lose your job to off shoring, you won't believe the crap you just wrote. Yes, our politicians did dig us a hole and borrow a boat load of money from china as well as other countries. How would you expect that money get paid back? There is no way to pay it back unless jobs are created to get more tax money. As long as SLAVE labor is making all this stuff for dirt cheap, no country will ever get out of the hole. Sooner or later, the people of china will decide they had enough and revolt. Hopefully sooner than later.
The reasons our country is suffering are due to failing schools and both a citizenry and (state and federal) government that fail to live within their means.
I agree that offshoring and globalization is disruptive, and it is impossible to compete with emerging markets with huge supplies of people able to do manual labor. Feel as you will about their practices, it is almost impossible to close the door on China now that we are so in debt to them. Sadly, we had a balanced federal budget briefly in the 90's before slipping back into old habits. We could take an isolationist approach, but I doubt the rest of the developed world would be so inclined, and U.S. companies would lose their ability to compete.
One hopes that, as China's middle-class grows, workers will demand better quality of life. There has already been some signs of it in many of their manufacturing industries. Of course, then the Chinese will be complaining about India taking all their jobs (I'm not kidding).
Don't forget, it wasn't so long ago that we had seven day workweeks, and some employees looked like these guys.
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