A one way economy with no turn arounds
The Clinton Years, The American Dream Reversed - and the core of our economic crisis
And President Obama continues the betrayal of workers
Where is the ethics down the One Way Economic Road
Free trade is the core of our economic crisis. Instead of confronting the crisis, President Obama follow Pres. Bush and Pres. Clinton's free trade policies that have more than a twenty year history of failures. ( Free Trade Fails U.S. from Baltimore Sun and Washington Times articles .
Free trade made production portable, ready to be moved again and again for the sake of cheaper labor. A massive middle class of workers lost their jobs and a new working poor class took their place.
All the money in the world can be throwed into the process but in the end, our economy based on making money on money instead of making things is burning out. It is like a funnel. Big Government acts as a money broker and free trade dealer. It joins with Big Money and Trans National Corporations and pour money we do not have down a funnel with the funnel representing the investment community. Stock market values increase a bit with workers getting fired instead of hired. This supposedly represents better productivity. But, it is just a mask over what is really happening on the streets of USA .
The flow of the money from the funnel goes just one way in a vertical fashion with only a small investment community absorbing the benefits. There is no horizontal flow to the general community and to the workers who live in it. Yet the workers are expected to refill the money chain but do not have the economic power to do it.
In the end, as the money supply dries up and the stimulus packages play out their effect, we are left with a consumption economy where the money spent at the retail level quickly fans out to the places the products are made and where the investments reside. And these places are not in the U.S.A but in faraway places. Our economy is going round and round but comes out somewhere else in the world.
Actually our current Federal Reserve Chairman Ben Bernanke told the whole story when he told Congress during the first Pres Bush stimulus package debate that the best way to stimulate the economy is to buy " domestically produced goods." There is no other way and only value added local economies in geopolitical balanced setting works. The whole of society has to reap as much of the benefits as possible in settings as local as possible. Otherwise, we have a one way economy with no turn arounds. In the end we mortgaged the future and put tariffs on workers instead of products.
In this one way economy, we pass by all the values we lost in the value of work and labor. Paying off Wall Street with Main Street money only goes a short way.
We have only one party in the USA and it should be called the Free Trade Party with President Clinton passing the elder President Bush's trade policies. This was followed by President Bush the 2nd who hid our economic woes behind his shock and awe pre-emptive wars. President Obama follows all this by bailing out Big Money who caused the economic crisis and put them back in charge.
It is a one way economy doomed to failure. It is an one way road to nowhere
See
Color it Purple - Issues - where both U.S. political parties act ...
... Color Ohio purple. It is a mix of the same thing, and like many other states, Ohio is still deeply bruised with workers still having no ...
Only one political party- the Free Trade Party
And President Obama continues the betrayal of workers
Where is the ethics down the One Way Economic Road
Free trade is the core of our economic crisis. Instead of confronting the crisis, President Obama follow Pres. Bush and Pres. Clinton's free trade policies that have more than a twenty year history of failures. ( Free Trade Fails U.S. from Baltimore Sun and Washington Times articles .
Free trade made production portable, ready to be moved again and again for the sake of cheaper labor. A massive middle class of workers lost their jobs and a new working poor class took their place.
All the money in the world can be throwed into the process but in the end, our economy based on making money on money instead of making things is burning out. It is like a funnel. Big Government acts as a money broker and free trade dealer. It joins with Big Money and Trans National Corporations and pour money we do not have down a funnel with the funnel representing the investment community. Stock market values increase a bit with workers getting fired instead of hired. This supposedly represents better productivity. But, it is just a mask over what is really happening on the streets of USA .
The flow of the money from the funnel goes just one way in a vertical fashion with only a small investment community absorbing the benefits. There is no horizontal flow to the general community and to the workers who live in it. Yet the workers are expected to refill the money chain but do not have the economic power to do it.
In the end, as the money supply dries up and the stimulus packages play out their effect, we are left with a consumption economy where the money spent at the retail level quickly fans out to the places the products are made and where the investments reside. And these places are not in the U.S.A but in faraway places. Our economy is going round and round but comes out somewhere else in the world.
Actually our current Federal Reserve Chairman Ben Bernanke told the whole story when he told Congress during the first Pres Bush stimulus package debate that the best way to stimulate the economy is to buy " domestically produced goods." There is no other way and only value added local economies in geopolitical balanced setting works. The whole of society has to reap as much of the benefits as possible in settings as local as possible. Otherwise, we have a one way economy with no turn arounds. In the end we mortgaged the future and put tariffs on workers instead of products.
In this one way economy, we pass by all the values we lost in the value of work and labor. Paying off Wall Street with Main Street money only goes a short way.
We have only one party in the USA and it should be called the Free Trade Party with President Clinton passing the elder President Bush's trade policies. This was followed by President Bush the 2nd who hid our economic woes behind his shock and awe pre-emptive wars. President Obama follows all this by bailing out Big Money who caused the economic crisis and put them back in charge.
It is a one way economy doomed to failure. It is an one way road to nowhere
See
Color it Purple - Issues - where both U.S. political parties act ...
... Color Ohio purple. It is a mix of the same thing, and like many other states, Ohio is still deeply bruised with workers still having no ...
Only one political party- the Free Trade Party















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