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JDPriestly

(57,936 posts)
5. Yes. We are looking toward some really big changes in our economy, quite possibly fundamental
Fri Oct 25, 2013, 03:53 AM
Oct 2013

changes in the way we organize our economies.

We moved to "free" international trade far too fast. Combined with automation, we have a huge jobs deficit. And that leads to other deficits.

The Republicans seem to want to ignore the fact that our budget deficit is the result of our low-wage, high-unemployment, cheap-imports and low-wage-outsourced economy. Our deficit is a result, not a cause of economic problems.

We need to attack the causes of our problems or at least talk about them. Pointing fingers at the results without discussing the causes is pointless. It will not solve the real problem.

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