[KPaulCook]

Bush is to blame

"I see so many people that I worked with at Boeing, and they're still unemployed just as I am," said Summers. She blames free trade and President George W. Bush for allowing U.S. companies to outsource overseas.

"I wish the government would really see what it is doing to the American people. We built this country, and I feel that they're letting it turn into almost a ghost town," she said.

The loss of 2.5 million manufacturing jobs since January 2001 has devastated factory towns across middle America, where once-dominant local employers are pulling up stakes and heading to Mexico or Asia in search of lower costs and cheaper labor.

 

[KPaulCook]

Re: Bush is to blame Perot was right

"It’s one thing to see a labor-intensive industry such as textile manufacturing shift to foreign soil, especially when the process has been going on for decades. It’s quite another thing to watch the United States lose jobs that require highly educated workers and the support of a sophisticated technological infrastructure"

from click here

 

[KPaulCook]

Excellent Point

Your are right we should be concerned when any job goes off shore. Bush and his boys don't seem to be the least concerned about how we are losing jobs. I believe in FAIR trade not free trade.

 

[KPaulCook]

Can you say $200 billion rat hole. That is where the money has gone

Spending money $200 billion in Iraq is not a great investment in the U.S. economy unless you are **** Cheney. Increased Defense spending does not have the same multiplier effect as civilian spending. kind of like paying people to dig wholes. The Iraq war and the deficit it created is bad news man. Go back and look at the Gulf of Tokin Resolution which created the large deficits during the Vietnam War. It took this country years of pain both financial and emotional to come back from that