Bob Calco wrote: <snipped> > We, by contrast, give those same American companies huge foreign tax > credits, so that they are highly incentivized to invest in foreign labor -- > all in the name of free trade and the "global economy" and cheaper consumer > goods. Meanwhile we make it harder to employ Americans, with minimum wage > laws, several layers of taxation on businesses, and a punishing regulatory > regime, etc. > > And China is growing 10+% a year. Meanwhile, we are going deeper into both > federal and personal debt and have gutted our manufacturing base with our > unilateral "free trade" economic disarmament policies. > > Free trade is a huge pig in a poke on purely free market grounds. My > eventual book will present the complete case. >
I predict that we will fail economically and meet a financial doom of epic proportions unless the current trend is reversed. Corporate America's bloodthirst for next quarters profits at the expense of the American worker is short-sighted and will bring destruction to our economy. _______________________________________________ Post Messages to: [email protected] Subscription Maintenance: http://leafe.com/mailman/listinfo/profox OT-free version of this list: http://leafe.com/mailman/listinfo/profoxtech Searchable Archive: http://leafe.com/archives/search/profox This message: http://leafe.com/archives/byMID/profox/[EMAIL PROTECTED] ** All postings, unless explicitly stated otherwise, are the opinions of the author, and do not constitute legal or medical advice. This statement is added to the messages for those lawyers who are too stupid to see the obvious.
