Few people realize that for the past fifty years the policy of the United States government has been to get rid of jobs.
So says former Senator Fritz Hollings in SOBER UP, a piece calling for an end of the inane rhetoric and a start to seriously formulate trade, labor policy that is in the national economic interest.
Hollings notes on the Stimulus:
With stimulus, we bail as fast as we can to stop the leaks, but do nothing to plug the hole in the hull ripped by offshoring. Stimulation can be a total success and we’ll still loss more jobs than are created.
Hollings calls cash on what globalization is really all about:
Globalization is nothing more than a trade war with production looking for a country cheaper to produce. What we have now is a trade war, without guns.