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by logicslave
2040 days ago
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US Economy in a nutshell: 1.) Pass NAFTA and a series of laws in the 90s to: Ship out all jobs that can be shipped out, import cheaper workers that can under cut wages. 2.) Make the argument that the above makes it so that Americans can "retrain" for new jobs. This never happens and has never been proven to happen. 3.) Watch as the average American effective wage plummets, use financial engineering to pump up stocks and the housing markets. Economic crashes keep occurring as the financial engineering to generate mass wealth destroys the financial health of our companies and families. 4.) Print money to save the country from entering economic depression while the capitalists and people benefitting from the outsourcing of labor become wealthy beyond all belief. 5.) Buy cheap TVs, because thats all we got. |
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