American Job Loss Is Permanent

[Joanne98]

Now that a few Democrats and the remnants of the AFL-CIO are waking up to the destructive impact of jobs offshoring on the US economy and millions of American lives, globalism's advocates have resurrected Dartmouth economist Matthew Slaughter's discredited finding of several years ago that jobs offshoring by US corporations increases employment and wages in the US.

At the time I exposed Slaughter's mistakes, but economists dependent on corporate largess understood that it was more profitable to drink Slaughter's Kool-aid than to tell the truth. Recently the US Chamber of Commerce rolled out Slaughter's false argument as a weapon against House Democrats Sandy Levin and Tim Ryan, and the Wall Street Journal had Bill Clinton's Defense Secretary, William S. Cohen, regurgitate Slaughter's claim on its op-ed page on October 12.

I sent a letter to the Wall Street Journal, but the editors were not interested in what a former associate editor and columnist for the paper and President Reagan's Assistant Secretary of the Treasury for Economic Policy had to say. The facade of lies has to be maintained at all costs. There can be no questioning that globalism is good for us.

Cohen told the Journal's readers that "the fact is that for every job outsourced to Bangalore, nearly two jobs are created in Buffalo and other American cities." I bet Buffalo "and other American cities" would like to know where these jobs are. Maybe Slaughter, Cohen, and the Chamber of Commerce can tell them.

http://www.opednews.com/articles/1/American-Job-Loss-Is-Perma-by-paul-craig-roberts-101027-317.html

[DCKit]

1. Stealth Jobs? Perhaps the military?

Even most teabaggers aren't THAT stupid.

[Riley133]

2. Buffalo named #1 city to move to

http://realestate.yahoo.com/promo/best-cities-to-move-to-in-america.html

[Demeter]

3. There's No Lack of Useful, Productive Work in This Country

There is an incredible unwillingness to pay for it, even the minimum wage.

We will have to create our own, grassroots from the ground up economy--and stomp on the Corporation and the Bank that's too big to fail, but has.

We can do it either peacefully, as a democracy would, or the hard way, as any people fighting a totalitarian regime must.

There isn't any middle way.

[MedicalAdmin]

4. But what do we do about it.

Well it was once said that "mankind will not be free until the last king is strangled to death with the entrails of the last priest."

I don't believe America is ready yet, but the generation coming up is getting there. They have invested everything in education and a job and gotten only privatized debt and no hope. Combine this with the fact that after moving home they get to watch their parents wonder how they will retire of if they will be able to keep the house everyone must share now.

It aint pretty and heads are gonna roll. The only question is how many and whose.

[Dr.Phool]

5. As long as they keep waiting for the private sector to rescue us.

It ain't gonna happen.

We are in a time of crisis, and a government's job is to manage a crisis. We need a government sponsored jobs program. Not one where you contract it out to a private corporation, and they ship all the manufacturing overseas, but one run by the government that pays good wages and benefits.

Fuck NAFTA. Fuck the WTO. Fuck the multi-nationals. We need manufacturing jobs here. Now.

[unc70]

6. And everywhere else, too

Automation and other technology changes are relentless forces against jobs, profits, stability. The solutions shall require much-more enlightened efforts that address the fundamental shifts that exceed the disruption of the Industrial Revolution.