It's gonna be a sad day when the bubble bursts."
So now instead of a higher standard of living argument we switch to Debt Load and some how corporations moving offshore is responsible for people charging to much on their Master Cards?
Willie you should run for Congress on the Democrat ticket...
You got dodge and spin all sewed up!
That and the outrageous National Debt accumulated by federal Deficit Spending. Gotta pay the Debt somehow, higher wages, taxes, etc. etc. Corporations don't want to do that, they merely view the American Middle Class as a market to plunder. Charge as high a price as the market will bear (even if its financed by debt) and knock the employees down to the lowest wages possible. The myopic idiots forget that the consumers need well-paying jobs to actually pay that debt. Henry Ford was a helluva lot smarter than any of today's globalist morons.
There is one rule for the industrialist and that is: Make the best quality of goods possible at the lowest cost possible, paying the highest wages possible.
-- Henry Ford