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View Diary: Who creates jobs? The middle class (103 comments)

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  •  Thanks to our horrible trade agreements (0+ / 0-)

    mostagreements most large companies now produce their wares in countries with the cheapest labor and least regulation. Then sell their wares globally and hold most of their money offshore. They rely less and less on American consumers for their profits. Except in the case of the megastores who push theirforeign made cheap crap on us and sadly they make their biggest profit in bad economic times due to the affordability of said foreign made cheap crap. The days of an adequately paid working class that can afford to buy goods made in America have long been undermined by both parties for decades and sadly I can't see it ever returning, especially when most companies have adapted to turning huge profits while fucking their labor.

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