Economic Caste System in America?

It looks like the party's soon over in the USA.

First it was textiles leaving the country - shoes made in Italy and Korea,
shirts in China, etc. etc.

Then the heavy industry mostly all left and we got the rust belt, and imported
cars.

Next, the software / IT industry is outsourcing still, with fewer and fewer
jobs for US citizens to do, and more and more for Indians and Russians and
Chinese (again) to do.

So, its coming to the fact that if you are born without money, you're probably
going to stay that way, because the opportunities we once had in the USA have
been and are being shipped overseas with the enthusiastic complicity of all our
politicians, Dems and Republicans alike. Yeah, we can get $49 DVD players, but
don't have a good enough job to be able to afford it even then, at least that's
the way it is or will be for a bunch of Americans, and even more in the future.

More info:
http://www.csmonitor.com/2005/0523/p17s01-cogn.html

Dave Head

No wonder this country is going downhill. People can't keep the
newsgroups on topic.

Should I have called it, "Why GM Stock Is Now Junk". Same thing is at
the bottom of it - outsourcing of jobs and technology by whichever
political party is in power. Just tax the hell out of the
corporations, making the American cars more expensive, draining
development money from the car company's reasarch departments, and
failing to be able to tax the foreign-built cars in the same manner, so
their cars are less expensive and their research departments aren't
suffering the same drain.

Get rid of the income tax - that's at the bottom of a lot of this.
There's supposedly 20 - 25% of the price of an American car going to
pay for the corporate income tax. Remove it, and the cars would get
cheaper. Put a 25% sales tax on the sale of everything, including
cars, and the _American_ car prices don't change much, but the
_foreign_ car prices don't get the same tax break 'cuz we're not
currently charging their factories income tax. Sooo.... maybe the
outsourcing would stop... or slow diwn a bit...

Dave Head