Did you read the article? See it at RCP.com.
He discusses globalization.
MV
Yes, I read the article and stand by my statement. I didn’t say that I disagree with the article, what I said was that in order for America to re-emerge as an economic powerhouse, we need to end globalization.
Case in point - at the end of WWII, America had 60% of the world’s manufacturing capability. Today, we have less than 25%. If we continue to outsource manufacturing jobs and assume a position as the world’s “global project manager”, we will be plunged into economic obscurity. Project management doesn’t have enough positions to employ all working Americans. So, while the fortunes of a handful may rise as global project managers, most Americans will see a significant decline in their standard of living as they have to settle for service sector jobs.
We are seeing gasoline prices rise because we shipped manufacturing and call center jobs to India and China. We are now having to compete with those economies for the world’s finite production of crude oil. With both India’s and China’s economies strengthened by outsourcing manufacturing, we have weakened our own economy. Until we pull many of these jobs back with policies that favor America first, we are dooming our own future.
I’m sorry that so many of the world’s leaders are great tyrannical dictators, but we aren’t responsible for that and Americans shouldn’t penalize themselves for being the powerhouse that we once were due to our strong work ethic and innovativeness. Mugabe has taken Zimbabwe from being one of Africa’s most important agricultural nations to a nation that can’t feed itself, much less anyplace else in Africa. Castro and Chavez have done the same in their countries as has Kim Jong-Il in N. Korea. And, these are only a few examples of the countries we are trying to prop up in addition to India and China. China was always dangerous to world trade and it has proven itself so as a member of the WTO thanks to Bush father and son. India has always had an underclass and, thanks to globalization, that is virtually untrue today.
Again, we have to look at what globalization has and is doing to America and its workforce. The future is not encouraging if we do not make radical changes and stop outsourcing American jobs and manufacturing.