The populist rhetoric makes for good sound bites and gives you a nice feeling of righteous indignation but it's not based in fact.
The fact of the matter is, and pardon my french, but the chinese and indians are our new n*ggers.
They're not picking cotton, they're making tshirts and tennis shoes, but it's the same principle.
Instead of owning them and having them work the fields for 18 hours a day and providing them with room and board, they work in chinese factories for 18 hours a day for
less than it would cost to feed them here
You can whine all day about union this and pension that and sentimentalize about how good you think things used to be....but the fact is that our standard of living is double what our parent's was and more than triple what our grandparent's standard of living was. (depending on your age I suppose, my parents are baby boomers and my grandparents went through the depression and WWII)
The problem that people have now is their
ANXIETY over the economy, not the economy itself. It's the uncertainty about the future that scares people and makes them see things as worse than they are. Our parents and grandparents worked at the same place all their lives, we change jobs 5+ times before we're 40. That uncertainty is what worries people, when in fact they are better off than their parents or grandparents were.
