- Dec 16, 2006
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Everyone could understand politics if everyone - especially the 'Think Tanks' - would stop lying.
For example Neoliberalism was sold to the public on the basis that it would reduce prices. That it would do so by moving production out of the country and we would therefore be sending a lot of money out of the country wasn't very well covered (just look at our Current Account).
As for the American workers the Think Tanks had a good barrage of nonsense and smoke and mirrors.
They said that the increased money the owners got by not paying American workers would 'trickle down' to the workers anyway. So how would the company owners get rich if they paid Chinese workers and continued to have as much or more money 'trickle down' to their recently unemployed Americans?
For example Neoliberalism was sold to the public on the basis that it would reduce prices. That it would do so by moving production out of the country and we would therefore be sending a lot of money out of the country wasn't very well covered (just look at our Current Account).
As for the American workers the Think Tanks had a good barrage of nonsense and smoke and mirrors.
They said that the increased money the owners got by not paying American workers would 'trickle down' to the workers anyway. So how would the company owners get rich if they paid Chinese workers and continued to have as much or more money 'trickle down' to their recently unemployed Americans?