Tapsearch Com EditorEconomy full of contradictions.
August 5th 2011 18:11
Bizarre Politics Reports:
A journey in the fields of broken dreams continues as we try to sort out what went wrong and why. Workers as shoppers, shopped their way out of their jobs while they funded free trade and foreign companies to move their assembly to the USA.
The journey in the fields of broken dreams - Ray Tapajna Chronicles telling it like it is online since 1998
An Economy full of contradictions as we wait for the next economic bubble to burst
What country in the history of the world moved their factories to distant lands and put taxpayers out of work. Who would have thought political, financial leaders and trans national corporations would knock out the props that support a society. In major cities in the USA, we can drive down miles of main streets that once were full of business activity and where now there are only empty storefronts, empty factories, empty office buildings and even vacant land where homes and businesses once were.
Who would have thought our governments would have programs to move production from place to place anywhere in the world for the sake of the cheapest labor costs. Henry Ford saw that this was an impossible way for communities to thrive. He found out that if the workers in any given production line can not afford to the buy the things they make there would be no way for a society to grown in a balanced fashion.
The money changers came and saw things in a different way. They thought they could create new money products based on international transactions in a so called free trade environment. They build a house of cards out of funny money and you would think everyone would know what would happen. The global economic crisis came and you would think that the political leaders and the investors would finally realized where they went wrong but instead the bailed out the investment communities and put them back in charge again. As we wait for the next economic bubble to burst, we have governments moving money around to shore up their schemes and we all know that this will not work for very long. Instead of addressing the problem directly, they play silly games with trying to reduce spending and do a little bit here and there to slow down deficit spending.
It is still a House of Cards ready to fall or should I say has fallen already.
However, we now have a massive working poor class in place and massive unreported underclass living in a silent depression while our leaders tell us that a recession has been curtailed. The unemployment reporting is false and hides the realities of streets where people are living out their lives. Everything seems to be a facade now with major recovery projects hiding the collapse of our economic systems in a free trade global economic arena.
Cutting spending will not do any good. Even a family sitting at their kitchen table trying to figure out how to survive know that the only way they can do it is by making more money and not less. Still all the powerful forces in government and corporate environments act as if workers can still be devalued and degraded for the sake of the whole. Free trade now has a history and it is a history of failures and the only way to stop the losses is to find ways in restoring real value added local economies. Everything has to be balanced out based on equity of values. There are about five to seven levels of added value from raw products to the end user or retail level. Even the president of GE now says the one production job in the USA or other local and regional situations create eight other jobs. He says it is time to move production back to the USA. This in itself should tell him and other leaders what went wrong and why. He says Americans are now competitive to compete with other workers in the world. They may be able to compete better now but these are not living wage jobs that can support families, communities and federal services. It still remains an economic contradiction.
An Economy full of contradictions as we wait for the next economic bubble to burst
What country in the history of the world moved their factories to distant lands and put taxpayers out of work. Who would have thought political, financial leaders and trans national corporations would knock out the props that support a society. In major cities in the USA, we can drive down miles of main streets that once were full of business activity and where now there are only empty storefronts, empty factories, empty office buildings and even vacant land where homes and businesses once were.
Who would have thought our governments would have programs to move production from place to place anywhere in the world for the sake of the cheapest labor costs. Henry Ford saw that this was an impossible way for communities to thrive. He found out that if the workers in any given production line can not afford to the buy the things they make there would be no way for a society to grown in a balanced fashion.
The money changers came and saw things in a different way. They thought they could create new money products based on international transactions in a so called free trade environment. They build a house of cards out of funny money and you would think everyone would know what would happen. The global economic crisis came and you would think that the political leaders and the investors would finally realized where they went wrong but instead the bailed out the investment communities and put them back in charge again. As we wait for the next economic bubble to burst, we have governments moving money around to shore up their schemes and we all know that this will not work for very long. Instead of addressing the problem directly, they play silly games with trying to reduce spending and do a little bit here and there to slow down deficit spending.
It is still a House of Cards ready to fall or should I say has fallen already.
A house of cards ready to be blown away
However, we now have a massive working poor class in place and massive unreported underclass living in a silent depression while our leaders tell us that a recession has been curtailed. The unemployment reporting is false and hides the realities of streets where people are living out their lives. Everything seems to be a facade now with major recovery projects hiding the collapse of our economic systems in a free trade global economic arena.
Cutting spending will not do any good. Even a family sitting at their kitchen table trying to figure out how to survive know that the only way they can do it is by making more money and not less. Still all the powerful forces in government and corporate environments act as if workers can still be devalued and degraded for the sake of the whole. Free trade now has a history and it is a history of failures and the only way to stop the losses is to find ways in restoring real value added local economies. Everything has to be balanced out based on equity of values. There are about five to seven levels of added value from raw products to the end user or retail level. Even the president of GE now says the one production job in the USA or other local and regional situations create eight other jobs. He says it is time to move production back to the USA. This in itself should tell him and other leaders what went wrong and why. He says Americans are now competitive to compete with other workers in the world. They may be able to compete better now but these are not living wage jobs that can support families, communities and federal services. It still remains an economic contradiction.
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Free trade is based on a consumer class having enough money to keep the ball rolling. Now we have a vast working poor class in the U.S. who can not afford even the cheapest imports. Without middle class workers, the forumla falls apart. Cutting more spending for government services just makes the problem bigger. Each transaction is linked to the whole and not much can survive on just trying to survive with the parts.
The money changers of the world tried to run an economic engine on air and it had no chance of working.