Business, Outsourcing.
Losing a dream to outsourcing and empire - once upon a time, the united states was the world' s most powerful economic engine, a job - producing machine that propelled a broad swath of its citizens into a comfortable middle class. They bought big, shiny Chevrolets and Fords with bench seats.
They bought tidy little houses they could afford. - they used their health insurance to pay for the occasional tonsillectomy or appendectomy. That period of broad prosperity was relatively short, no more than 50 years after the end of World War II, but it looms large in the national psyche, supplying the cultural icons and touchstones that furnish the American dream. They retired with pensions generous enough to purchase nice gifts for the grandkids. And that era depended as much on the weakness of other nations - the backwardness of China and India as well as the postwar devastation of Europe - as it did on American enterprise. Just ask any of the presidential candidates.
But it' s a tricky business to announce to voters that the golden age is over. - as the era of widely shared prosperity staggers to its end, globalization - nafta is the shorthand - looks like the enemy, a con job foisted on americans by greedy corporations and pointy - headed intellectuals. Back in the' 90s, when not just hard - core Republicans like Newt Gingrich were proselytizing for free trade but also moderate Democrats like Richard Rubin, the consensus was that everybody would benefit - eventually. There may be a bit of truth to that. It was President Bill Clinton' s version of" a rising tide lifts all boats. " A few good jobs would be lost here and there, but many more would materialize. The micro view, down where ordinary folk are struggling to make ends meet, has turned out to be quite a bit harsher.
Granted, that was the macro - or big - picture - view, usually sold by tenured economics professors who' d never seen a pink slip, or by Wall Street titans with mansions in Provence and Monets in the master bedroom. - even before the telltale winds of recession blew in, average workers were struggling with the disappearence of manufacturing jobs that left for cheaper terrain in china and vietnam, taking with them middle - class wages and benefits. Princeton economist Alan Blinder, a longtime proponent of free trade, now says that it will create more severe social and economic upheavals than he once thought. It also turns out that the effects of globalization may be more severe than the experts anticipated. He predicts that 30 million to 40 million Americans jobs are likely to be shipped overseas in the next 10 to 20 years. That doesn' t mean the next president should scuttle old trade pacts and build a wall of protectionism.
Not only will the lunch - bucket crowd feel the pain, but college - educated, white - collar types will, as occupations such, too as graphic designer, financial analyst, video editor, microbiologist, ironically, and, economist are outsourced. - globalization will continue to push labor to the cheapest locations. Nor does it mean that the United States is consigned to a future of penury, with jobless workers living in shantytowns. Any effort to change that will likely create more problems than it solves. Britain and Germany boast successful economies that produce jobs while still providing substantial safety nets, including universal health care. (And those citizens are perfectly happy with their health care, despite what you' ve heard from right - wing talk show hosts. ) Our government could spend money to generate jobs rebuilding roads and bridges. To have money for that, we' d have to give up the idea of empire - projecting our might around the world - as the Europeans have done.
We can fund vast investments in solar and wind power and energy - efficient technology. - they couldn' t afford it. But we seem unable to face this simple fact: We' ve spent nearly$ 750 billion on Iraq and Afghanistan since 2001, according to the Congressional Budget Office, and most of it was money we didn' t have. We can' t either. Not one of the remaining political candidates - not Hillary Clinton or Barack Obama, much less John McCain - talks about significantly downsizing the military - industrial complex and decreasing our military footprint around the world. Superpowers are darned expensive, and the United States simply doesn' t have the money for all that anymore.
