When we jumped on the "outsourcing" bandwagon...NAFTA and beyond....we condemned the Middle Class to a "not-so-slow" death.  We exported those "value-added" manufacturing jobs around the world...benefiting workers around the world at a direct cost to American workers.

For multinational corporations, labor is simply another commodity, like steel, cotton, wheat, lumber or any raw material necessary for production; and they will scour the world for the cheapest source.  Believe me, they're good at it.  The U.S. will never be able to compete with $1/day foreign manufacturing labor markets....unless we're willing to work for that $1 a day.

We dream of "retraining" for hi-tech positions,....two problems; a) there will never be enough and b) corporations will "outsource" them as well, just as soon as they can.  Meanwhile, we become a "credit" economy; combining high consumber demand with low "service sector" employment.  boy, that's sure working our well, isn't it......