What a bunch of bung from Krugman. Add todays global economy, cheap labor in China, India and elsewhere and technological advances that make it possible for companies to utilize cheap labor overseas, we don’t have the same market.
Do we want job opportunities in the US or just to tear down the rich by making US companies uncompetitive so all the libs can feel better that life is more fair.
Note to all rich and mildly successful people....start living frugally so you can squirrel away what cash and assets you have now. It’s going to get a heck of a lot worse before it gets better.
|Tokyo after the firebombing.||Essen, the heart of German heavy industry.|