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View Diary: Median U.S. household income fell 5% between 1999 and 2009. Globalization remains the core problem (201 comments)

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  •  Where are they? (1+ / 0-)
    Recommended by:
    Gooserock

    They went out and knocked on doors, rang phones and voted straight-ticket Dem for Obama.

    They were promptly rewarded with lame excuses, being sold out by the blue dogs and business as usual.

    This IS the new America. The old one isn't coming back. As soon as we realize that China and India are our enemies and wish only for our demise we will all be better off.

    The middle class is dead, we just haven't accepted it yet. Globalization means you're a serf, a consumer or a capitalist. Those are the new classes. God help you if you're a serf.

    •  China and India are not our enemies (3+ / 0-)

      We are their markets. They are our labor force. And they are also our markets.

      We are joined together more closely than any military alliance ever has been.

    •  Dude, India and US have a fairly balanced (2+ / 0-)
      Recommended by:
      New Rule, truong son traveler

      trade relationship, and India is the world's largest democracy with which the US should be nurturing healthy, balanced and expanded trade.

      China isn't an enemy of the US either (at least not yet, but we'll have to wait and see how their regime behaves over the next 5 years) in the conventional sense, but the Chinese regime does use tactics such as currency manipulation to wrack up huge trade surpluses over the US, and thus continue to severely damage US' manufacturing sector and economy.

      You can find detailed trade numbers for 2010 and a chart below: US has HUGE trade deficits w/ China, not w/ India

      Dirt poor people anywhere on the planet should not have to remain dirt poor forever.

      by iceweasel on Mon Apr 25, 2011 at 12:31:16 AM PDT

      [ Parent ]

      •  India isn't yet the economic power that it will be (0+ / 0-)

        Give it a few years.

        •  What does that even mean? (2+ / 0-)
          Recommended by:
          New Rule, truong son traveler

          That all "economic powers" are supposed to be US' "enemies?" That would mean that Japan, Germany and maybe even Canada are currently our "enemies." Are you saying that? Assuming you're not (i.e. that you're sane. Are you? :)), only those "economic powers" whose people don't look in some given way (or for whatever other reason you may not like them) are supposed to be our "enemies"-in-waiting?

          India was an economic power (and many rulers of Ancient India were great military powers as well) for 2000 years before the European colonizers settled in and rendered it impoverished:

          Source

          Yet, India, which has had a cultural and economic presence of 3000+ years (and, as somewhat of an aside, made enormous countributions to our human civilization, including the number system that we use, and countless other mathematical and other types innovations), has never invaded other countries, or sought to make enemies of others otherwise. In fact, such is not even in India's cultural ethos (Dharma and all.) Perhaps this quote characterizes India and its place in the world well:

          "History is full of empires of the sword, but India alone created an empire of the spirit."
          -- Michael Wood, contemporary English historian (in The Story of India.)

          I haven't seen your (or others') preceding comments (but I am assuming you have been naughty in those as well, have you been? :)), but what exactly is your point?

          Dirt poor people anywhere on the planet should not have to remain dirt poor forever.

          by iceweasel on Mon Apr 25, 2011 at 07:14:29 AM PDT

          [ Parent ]

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