Oh, yes, I totally understand the free market system. I understand it is bad for the USA.
How else would we have a $500 billion yearly trade deficit? I ask you then, is free trade good? Do the Japanese, Europeans and others play by the same trade rules as us? NO!!!!!
Again, free trade, global economy, etc., is propaganda to beat down American wage rates and to import, cheap exploitable labor to fill jobs domestically. Too many beer guzzling, TV watching Americans have been duped into believing this BS.
Don't think I am supporting our greedy fat-cat corporations, though. They are a big part of the problem.
As for you, Mr. Keitz, I am still not impressed with your credentials, or your knowledge of economics or world events. Your statement about the American autoworker was totally wrong. And that statement about Kosovo was ridiculously without merit.
Have any of you guys actually worked in industry?
Are you aware of the many obstacles that US companies face such as OSHA, EPA and other federal and state regs that are non-existent in most third world countries? Not that these are totally bad, but they represent financial burdens that most foreign factories do not have to deal with. Does that Mexican autoworker get 2 weeks paid vacation, good health insurance and a savings and pension plan? How about liability insurance and litigation costs? Got a complaint about a product in China and you probably be sent to the labor camp.
The bottom line? The playing ground is far from level for US based companies.
