| Good commentary, WENDLE. In my head, I've to sort all this stuff out. Let me sort out what I currently think about these economics issues. I'm reminded of the great book by Henry Hazlitt, Economics in One Lesson. And in that book he talks about the why unions don't raise real wages, and the benefits of free trade. However, the "One Lesson" itself is the most important piece and it goes something like:
So here's my thinking: Now the raise of national debt and the lack of jobs seem unrelated at first glance. However, when you have a lack of jobs, you must go into debt to pay for the welfare state. In the short run, living off debt relieves some of the pain, but in the long run it's a hidden cost for the people (younger generations) who have to eventually pay down on that debt. And if you allow companies to ship jobs overseas and sell products back into the US at no cost, you are gutting your manufacturing capability at home and destroying the American dream. At first glance, it seems like a bargain because everybody gets lower cost goods. However, you've taken away jobs from some people who will never get them back because the investment in a career of a certain type has been destroyed. Another element is restrictive regulations which especially hurt the entrepreneurs/small business who are needed much than big businesses to create local jobs. And the formula is further disturbed by the automation of so many jobs and the internet economy actually does away with many conventional jobs. And a lot of jobs can be easily moved overseas, including high skill jobs such as writing software. So the world's economy is in turmoil for a lot of reasons. It's very confusing, but the leader of a nation -- much like the CEO of a business or the breadwinners in a family -- has to make hard choices. With Hillary, you will no doubt get more globalization, more political stalemate (the UniParty) and she will favor allow the current gutting of the country to continue. She will also let the illegals and refugees come in at will, further eroding the low income population of the US. But with Trump, it's about taking direct action to start getting the ball moving in the right direction. Look, I'm trying to sort all this stuff out in my brain. Would appreciate if anyone can correct my view in areas where it's off base. |
“We shall have one world government whether or not you like it, by conquest or consent.” — CFR member James Warburg before a Senate Foreign Relations Committee February 17, 1950
“This regionalization is in keeping with the Tri-Lateral Plan which calls for a gradual convergence of East and West, ultimately leading toward the goal of one world government. National sovereignty is no longer a viable concept.”__Zbigniew Brzezinski
“We are on the verge of a global transformation. All we need is the right major crisis and the nations will accept the New World Order.” — David Rockefeller - New World Order globalist
“Out of these troubled times, our fifth objective – a New World Order – can emerge. . . Now, we can see a New World Order coming into view. A world in which there is a very real prospect for a New World Order. . .A world where the United Nations, freed from a Cold War stalemate, is poised to fulfill the historic vision of its founders.” —George H. Bush- Address Before a Joint Session of Congress (September 11, 1990)
America will never be destroyed from the outside. If we falter and lose our freedoms,
it will be because we destroyed ourselves. Abraham Lincoln.