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thomhartmann

(3,979 posts) Tue Oct 4, 2016, 03:00 PM Oct 2016

Trade Deficits For 30 Years... What's Up With That? (w/Guest: Dr. Jared Bernstein)

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Trade Deficits For 30 Years... What's Up With That? (w/Guest: Dr. Jared Bernstein) (Original Post) thomhartmann Oct 2016 OP

Reaganomics kicked in. tonyt53 Oct 2016 #1

The attitude was these multi-national companies were AMERICAN companies.... Spitfire of ATJ Oct 2016 #2

tonyt53

(5,737 posts)

1. Reaganomics kicked in.

Reply to thomhartmann (Original post)

Tue Oct 4, 2016, 03:26 PM

Oct 2016

Spitfire of ATJ

(32,723 posts)

2. The attitude was these multi-national companies were AMERICAN companies....

Reply to thomhartmann (Original post)

Wed Oct 5, 2016, 03:33 AM

Oct 2016

So it was just ASSUMED that what was good for them was good for America.

It goes back to the Cold War where we encouraged these American companies to act as defacto representatives of America to promote capitalism on a global scale. We created these monsters and now they think they own us and up until very recently our politicians have refused to tell them different.

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