Saturday, December 20, 2008

The Ravaging of Our Middle Class Augurs Chaos

Globalization and outsourcing have been singularly responsible for the decimation of our middle class. The only people benefiting from such arrangements are the business owners who are free to relocate their manufacturing operations abroad (typically China, India, or Mexico to name a few) and then are free to export their foreign produced goods back into the U.S. "duty free". This is known as "free trade". And it is also a prescription for disaster insofar as more and more businesses conclude that they also must "globalize" in order to remain competitive.

Meanwhile, the once vaunted purchasing power of the middle class (the real engine behind our economic success), is being savaged. Before long, there won't be anyone left who can afford to buy the goods produced overseas. Nor will there be anyone left to purchase our way out of a recession. The gulf between the rich and the poor has never been wider since the Great Depression.

It is imperative that our society and culture recognize that it was average Americans that helped to fight communism during the Cold War era and have always stood ready to fight enemies of a free and independent America. It was their taxes and hard work that served to preserve, protect, and defend America against its enemies abroad. And with those threats all but eliminated, this is the way they are being rewarded for their efforts -- by having their jobs shipped overseas?!

A society will only exist so long as the short- and long-term interests of its citizens -- its people -- are respected, nurtured and protected. Otherwise, what reason would there be to sustain an ongoing relationship?

If those at the top of the food chain continue to look past those who helped to put them at the top of the food chain, there will be great social upheavals and deep resentments. The writing is on the wall.


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