[A. Pole]

"I think if Delphi wins, they lose," he says. "If I'm making $9 an hour, I'm not making enough to buy vehicles." Unfortunately for workers like Balls, the old rules no longer apply in the new global economy, says John Austin, a senior fellow with the Washington-based Brookings Institute.

Free trade bump!

[ex-snook]

American corporations are not as successful as they used to be. They have cut quality enough. What's a corporation to do? They have to reduce costs. Shortly corporations will have to offload their health and pension costs to the government. Hell maybe GM and follow the debt practices of the federal government, create bonds and sell them to China.

[hedgetrimmer]

Unfortunately for workers like Balls, the old rules Constitution no longer apply applies in the new global economy, says John Austin, a senior fellow with the Washington-based global socialist Brookings Institute.

[ex-Texan]

Have you seen this site yet? American Economy in Crisis