US Wages Have To Be Cut So Foreign Companies Will Buy More Of Our Local Businesses.

[TheMastersNemesis]

Think about it. One reason wages in the US stagnate and fall is because the cheaper we have to work the more lucrative it is for foreign companies and investment to buy businesses, companies and infrastructure. Heck they may be build huge skyscrapers and other things.

The US is becoming a good bargain for foreign investment. And of course the US Chamber of Commerce probably supports all this foreign investment.

[dawg]

1. Well, it's not just that.

Some companies have no inclination at all of selling to foreigners. They just want to make more money and pay us less. It really is that simple.

[TheMastersNemesis]

2. Largely True. Yet America Is For Sale To The Lowest Bidder.

There have been a lot of high profile sales of formerly owned American assets. Indirectly we are seeing the globalization of our assets even our some of our infrastructure. Highways are the highest profile assets for sale. There are a number of foreign owned toll roads that the tolls go over sees and the money does NOT stay here.

I see the situation as a large scale assault meant to create one global economy. Low wages in the US are not only about greed but about competition with foreign workers making much less.

Any time you hear American workers competing with the "global economy" that is code for lower wages here. Why would you pay a US worker any more than you would a foreign worker with the same skills. You wouldn't. Also the "global" meme is ally about wage suppression here. And the in new "predatory" economies many countries try to entice capital investment via low wage bases.

When I worked at DOL the trends were obvious as far back as 1980. The American work force was bamboozled by Reaganomics that continues today. And the GOP will do what it can to guarantee that "voodoo economics" continues.

[pampango]

3. We are part of the world. How do we not "compete with the global economy"? Is there some way to

separate the US from the rest of the world so we can have our own little "world" all by ourselves?

I don't think FDR had the US withdrawing into a shell in mind when he proposed the United Nations, the IMF, the World Bank, the International Trade Organization and set up a global trading system to promote trade and prevent a return to the republican high-tariff, low-trade era of the 12 years before he became president.

Any time you hear American workers competing with the "global economy" that is code for lower wages here. Why would you pay a US worker any more than you would a foreign worker with the same skills. You wouldn't. Also the "global" meme is ally about wage suppression here.

Germany, Sweden, France, Canada and many other developed countries compete in the 'global economy' and have similar or higher wages and stronger unions and middle classes than we have in the US. How is that possible if the ""global" meme is all about wage suppression" in those countries?