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The last point Greenwald makes is a very good one. This kind of thing happens a lot with corporations. I remember a story of one corporation donating a large sum of money to an important cause and then spending 3 times as much to tell everyone about it.
Whether you like walmart or hate it, its apparent that the store is godam gross, destroys the character of neighborhoods because of its big box free for all take all store, takes up too much space, causes too much traffic, and is full of illegals. Wal marts products arent even cheap anymore. I hate going to that place. Everytime I check out 5 people with down syndrome try to check my receipt as if im stealing. Nothing against the mentally disabled, but they shouldnt be doing that job.
outsourcing causes a trade deficit, which over time can be very harmful to a countries economy simply because we are buying and consuming much more than we are selling. THE US IS DEAD LAST IN TRADE!!! DEAD LAST OUT OF EVERY EFFING COUNTRY!!!
if the government wouldn't subsidise people like this then people would quit walmart and they wouldn't be such a big bad business because no one would work for them
if you stand back and to look at the forest for the trees you'll see that: 1. most favored nation 2. nafta 3. tax incentives for outsourcing jobs costs american jobs, is a drain on the economy in very tangible and huge numbers. consider this. if these corporations brought all those jobs back home, how much more money would all those american workers pay in taxes? how much more money would those workers be able to spend on our own economy? we are killing ourselves thinking we're saving money
Free trade allows us to specialize in the things we are best at. Is inter-state trade hurting state economies? Should cities put tariffs on imports from outside of their municipalities? What makes nations so different? The answer: senseless economic nationalism.
this is the argument businesses make to the government to allow them to rape the american worker decade after decade. The government should not be in the business of BUSINESS. They were put there.. by constitutional mandate to protect and serve the american population. if business needs the government to help them in their skeems then they are bad capitalists.
Nowhere did adam smith advocate the rape and pillaging of the inner economy. the opposite is true of what he wrote.
we definately cannot continue in this debtor nation mode either. i hope i HOPE you aren't in agreement that we should. borrowing 3 billion a day to keep the economy afloat? handing over national security sensative assets to asia and the middle east? being in bed with the federal reserve which has single handedly devalued the dollar year after year.
if you account for the dow in light of the fed reserve devaluation you'll see the dow has plumetted since 1933. tell me you see this?
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I highly recommend watching it. It takes us back to 9/11 and connects the dots!
1. most favored nation
2. nafta
3. tax incentives for outsourcing jobs
costs american jobs, is a drain on the economy in very tangible and huge numbers. consider this. if these corporations brought all those jobs back home, how much more money would all those american workers pay in taxes? how much more money would those workers be able to spend on our own economy? we are killing ourselves thinking we're saving money
Nowhere did adam smith advocate the rape and pillaging of the inner economy. the opposite is true of what he wrote.
if you account for the dow in light of the fed reserve devaluation you'll see the dow has plumetted since 1933. tell me you see this?