Mr. Observation wrote:The middle class has been in trouble since Bill Clinton left office. Where are the jobs you ask? China! Remember Bush?
I thought Obama did a good job schooling Romney on China, but there's a point I hope he hits on harder in the next few days.
Despite Bain Capital having pioneered outsourcing to China, Romney is now against China and condemns her as a currency manipulator. Ummmm.... Okay. right.
The problem is not China per se. Oh, it's a horrible regime and I'm glad I don't live there, and you should be, too.
But the problem isn't China. The problem is Companies like Bain and manufacturers who move their factories there to take advantage of cheap labor, lax environmental laws, and low safety standards. And when a "conservative" (you are nothing of the sort, Mitt) says that we need to be more "competitive", they usually mean American workers accepting less and putting up with more in bad air, bad water and unsafe workplaces.
China is not the problem. American companies and European companies are. this isn't like the 1970's, where Japan aggressively pushed its products onto the market, using tactics such as dumping to get a slice of the market and putting some companies out of business altogether.
This is a designed strategy by American and Western companies to undercut their own working class by taking advantage of China's bad behavior. Guys who give Mitt a lot of money and know he doesn't mean most of what he says.
You are an idiot.
This is a global economy. Apple goes to Asia for manufacturing while petitioning the US for more work visas for Indian programmers to employ. That is outsourcing manufacturing AND importing jobs. Apple has been a huge Obama supporter, though, so you will not ever hear Obama criticize Apple for their business tactics like he does with Bain. The fact is, he shouldn't be criticizing any of them as this is a free market economy.
As for wages, that is also governed by the free market. Trophy Hunter nailed it.
"The middle class has been in trouble since Bill Clinton left office."This is the only thing you got half right, but for the wrong reason. The only industry Obama should be attacking is the banking industry. The problem with that is that it was Clinton who opened the door to this mess when he signed GLB - the
Gramm, Leach, Bliley Act of 1999. Both parties are equally culpable for the consequences that followed.
Obama's bayonets crack was not only wrong, but classless and well beneath the dignity his office is due. There is not a single past POTUS who would have made the remark. It was shameful and embarrassing, and the only thing I have found more distressful is the number of people who think that was a great line.
I wish people would pull their heads out and do a little homework on their own instead of basing opinions on what our soundbite media spews forth. The biggest problem facing the American people today is themselves.
