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The Federal Reserve Bank bankrupt?
wrote in message ... On Fri, 01 Oct 2010 03:59:32 -0400, bpuharic wrote: On Fri, 01 Oct 2010 02:02:40 -0400, wrote: The issue is not monetary policy, it is a decline in our capacity to produce things we can sell the world. and one of the biggest factors in this was the destruction of unions. a recent series of articles in 'slate' showed that countries with strong unions also have strong manufacturing bases. the right destroyed the unions in this country and, bye bye manufacturing The unions caused it to some degree by making our workers too expensive to compete in a world market and not being willing to budge. The only states that are growing in manufacturing capacity are the non-union states. You really can't blame the unions for screwed up, exploitive management practices that caused the unions to be formed in the first place. |
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