Make-Believe America – PaulCraigRoberts.org

March 9, 2018 by · Leave a Comment 

The reason Americans cannot find jobs and have left the labor force is that US corporations have offshored millions of American jobs in order to raise profits, share prices, and executive bonuses by lowering labor costs. Many American industrial and manufacturing cities have been devastated by the relocation abroad of production for the American consumer market, by the movement abroad of IT and software engineering jobs, and by importing lower paid foreign workers on H1-B and other work visas to take the jobs of Americans. In my book, The Failure of Laissez Faire Capitalism, I give examples and document the devastating impact jobs offshoring has had on communities, cities, pension funds, and consumer purchasing power. LINK

Source: Make-Believe America – PaulCraigRoberts.org


"Many seek to become a Syndicated Columnist,
while the few strive to be a Vindicated Publisher"

BREAKING ALL THE RULES


eXTReMe Tracker