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Both major political parties are to blame for allowing labor / manufacturing arbitrage ... hiring offshore labor at $1 or whatever per hour and not having to abide by the strict labor and environmental rules ... in short, using 3rd world labor / facilities to manufacture goods / provide services sold at 1st world prices.
Such offshore arbitrage can't last forever ... it's taken roughly 30 years, but the effects are finally becoming plainly obvious throughout the U.S. as its living standards / wages rapidly decline to meet that of the 3rd world.
The irony is that as the U.S. standards falls, offshoring will likely accelerate ... seems counterintutive, but the race to the bottom is no where near done yet for two major reasons: 1. Too many working age, desperate, out of work adults in the U.S., which will continue to depress wages and decrease buying power; 2. Huge untapped populations of the world, such as much of Africa, in which people live on practically no income at all; makes even China expensive by comparison.
Ron
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Domagon - Website Management and Domain Name Sales
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