[Cicero]

As a matter of fact, creative destruction within our domestic economy is a good thing. Socialist economies suffer because they can never get rid of useless workers and industries, which drag down the productive ones.

But exporting jobs overseas is another matter entirely. That's not creative destruction, that's national suicide, IMHO. It's not Bush's fault; he inherited it; but he isn't doing much to fix it.

[CobaltBlue]

If American jobs are "being imported overseas," why is unemployment under 6%?

[lepton]

As a matter of fact, creative destruction within our domestic economy is a good thing. Socialist economies suffer because they can never get rid of useless workers and industries, which drag down the productive ones.

In the early 1990s, IBM found they had several MILLION employees that no longer had full job-responsibilities. Some four Million had no genuine job at all. At the time, IBM had a "no layoff" policy, as well as a habit of training new workers for new technologies, and retaining, but not retraining ones whose job-responsibility went away.