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Sailka
Guest
Well said! Don’t forget the massive Tax cuts, and new Subsidizing by Public of our Biggest, most Profitable corporations. That is called Globalization: enrich the Richest at Public expense. Tax Money subsidizing Big Money, instead the Needed parts of Our economy, people, research, Infrastructure maintenance, development. Even our Bridges are collapsing.Passing free trade agreements, NAFTA for us here in the United States, opened the door for large companies such as Levi’s, etc., to move the manufacturing part of their business to countries with cheap labor (that giant sucking sound that one of the politicians talked about several years ago). Using Levi’s as the example, their CEO and stock holders were happy to see a rise in profits for the company, not from increased sales, but decreased manufacturing costs when they sent their factories to a different country. The CEO from Levi might say that they cannot stay competitive in the market unless the manufacturing costs are reduced, which means a downsizing of the workforce, cheaper labor, or cheaper materials for production. Profits are the bottom line. For the consumer, spending the least amount of money for the product desired is the bottom line. Of course the old adage “you get what you pay for” applies to a certain extent. If someone really wants a Cadillac they probably won’t be happy with a Chevy, and they will probably pay a little more to get what they want. Anyway, back to jeans. Since the free trade agreements let companies that manufacture outside the U.S.complete with Companies that do manufacture their product inside the U.S., with no import tariffs and few regulations, the companies manufacturing inside the U.S. really have a hard time competing. I’m all for buying only U.S. made products, but I don’t believe that the majority of Americans would truely stick with that policy, when they can get things that are made elsewhere a lot cheaper. I guess what i’m getting at is the redistribution of wealth does not just apply to the people inside the U.S. and the only control mechanism that the average working person in the U.S. has, is to become educated on how import/export taxation works and to urge the politicians to stop allowing U.S manufactures to take a beating from foreign companies. Personally, I feel that it may be to late and that the wheels are already in motion for a true Global economy,where big business and their leaders are actually running things and not the governments…And remember wahat the Bible says, “the love of money is the root of all evil”.
Blessings