"Global economy" is not good for America.

[kentuck]

The President spoke of the "global economy" this morning.

Just what is a "global economy"?

Yes, it helps other countries, like China, India, Indonesia, and others to build up a capitalist system with cheap labor. Much of it is done with the help of American corporations. Most of these have left the American workers high and dry in search of higher profits. And American workers have paid the price.

That is the "global economy". It is the reality. We must now compete with people that make a dollar per day. If you are not willing to compete, the corporations have been given the blessing of politicians to move the jobs elsewhere and with taxcuts to go with it.

When they say "global economy", think about what it means...

[ananda]

1. That is exactly right.

I just don't think many of the American people have come to terms
with this reality, and that it began with the Reeps and always gets
worse with Reeps in charge.

Dems, however, have been completely disempowered and defanged
by the corporate establishment and now have their heads firmly
fixed in corporate asses as well.

[Donnachaidh]

2. *global economy* translation -- filling the pockets of the elites

Wonder if Poppy will accept new golf partners soon.

[HughBeaumont]

3. Global Economy = Socialism for the Rich, Capitalism for the Rest.