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The delusions continue. Unless American union workers are willing to work for $7 per hour with no benefits, the manufacturing jobs are not coming back from China. The corporate oligarchs and their bought off cronies in Congress sold the country down the river over the last 40 years. Mega-Corporation profits are at record levels as goods are produced by slave labor in the Far East at 80% lower costs than they could be produced in the U.S. With 86% of the U.S. workforce in the service industry, introducing tariffs on imported goods and devaluing the dollar will further put the squeeze on the American middle class who already have been systematically screwed by the ruling elite over the last 40 years. Our society took 40 years to dig this hole. It is now so deep, there is no way out. But, look at the bright side. At least we don’t have to watch bread lines stretching down the block when we are watching our 52-inch HDTV, holed up in our 5,000 sq ft McMansions, ignoring the monthly mortgage payment bill, and waiting for our unemployment funds to be direct deposited into our bank accounts. I get all teary thinking about it. This is the iDepression 2.0.
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The delusions are going to lead to a very hard landing!
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