That's the key. What was a good, solid, profit margin twenty years ago went out the window when Clinton was elected and went whole hog talking up the "opportunities" in China. Opportunities they'd make sure you benefited from if the right member of the Clinton mob had their palm greased which in turn got that same palm greased by well laundered Chinese money and a rush of China buying US Treasuries.
Of course Bill felt every ones pain, he engineered it, refined ways to increase it, and was making a ton of money from inflicting that pain. Bubble on top of bubble while the real assets were destroyed or moved out of the country..
Far better to spend a few million making nicer offices and treats for management than to spend that same money upgrading or replacing US plants and equipment, that was the philosophy.
The US has been run by traitors or companies wouldn't be basing their decisions on how best to shaft American workers by replacing them with foreign workers in new plants they built overseas after carefully avoiding upgrading or replacing their plants here for decades. The whole concept of investing in something has gone out the window and manipulating figures to drive share prices for those paid in stock options has replaced it. Now destroying the company is a praiseworthy thing if the company shares ran up first.
JMHo
oh no....not more winning...I can't take anymore! ;-)
You have to see both sides.
Side one, and let’s be honest here, NAFTA brought the American Consumer great affordable quality products, and loads and loads of cheap produce. Just go to Walmart and all the others. We never had produce like that, varied and affordable.
In short, it’s a global market. This is good for everyone.
Side two, the global market was at the expense of our jobs and growth. True, all that money abroad had to come here, but our politicians did the double wammy on us, and were going to tax the heck out of it.
In short, the democrats arranged global marketing to favor the few here. Eventually, we’re the ones suffering as we evolve into a service industry with A BUNCH OF IGNORANT COLLEGE KIDS.. WHO DON’T KNOW NOTHIN ABOUT NOTHIN.
Trump, is for free trade, but for fair trade.
Once again we’re the leader. Obama. Did anyone learn anything from this guy? He’s teaching you and me about economy and what’s best for us?
The smallness of the man always shows when he sits next to someone like Trump or Netanyahu.
Trump needs to do his thing, and listen to know one.
PREDICTION:RUDY WILL BE THE NEXT SOS.