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economic globalization « Limits to Growth

American Youth Face Dismal Economic Future

Friday’s Wall Street Journal front page had an ugly picture of what young people face in today’s downsized US economy: Barely Half of 30-Year-Olds Earn More Than Their Parents.

The human costs are now adding up for economic globalization, specifically decades of outsourcing entire industries and massive immigration. In addition, automation is coming on […]

CNN Is Bombarded with ”Lock Her Up” Chants in Las Vegas Report

The current practice of networks holding their debate coverage outdoors may not continue in the next cycle because unplanned things can happen. On Wednesday, CNN talking heads were inundated by Trump supporters chanting “Lock her up!” — a popular cheer in Republican rallies over the last few months.

The Trump candidacy has uncorked voter […]

Rasmussen Poll: 60 Percent of Voters Think Race Relations Have Worsened under Obama

Only 60 percent? America didn’t have black assassins murdering police (as in Dallas and Baton Rouge) eight years ago who think that cops routinely kill African-Americans just for yucks. The other 40 percent of poll responders must be asleep.

The lives of black Americans have not improved economically under the black president, and many may […]

Rasmussen Poll: Majority of Voters Believe Government Acts against Their Interests, Particularly in Trade Deals

The pundit class and the press generally were caught flat-footed about the success of Donald Trump, and before that, they bashed the Tea Party as racist and mean-spirited for wanting a restoration of Constitutional government, national sovereignty and other traditional values.

Donald Trump was not the first person to notice that the globalized economy of […]

Trump Thumps the Great God Globalism

Candidate Donald Trump delivered a well crafted speech on Tuesday which attacked the globalist economy as harmful to American workers and destructive to the middle class. He criticized powerful interests, like Red China for its currency manipulation and our own government for its policies that have become such a menace to the general good.

The […]

Red China Aims to Expand into Self-Driving Car Business

The ChiCom business sector intends to be a world leader in the coming self-driving car industry. It has big plans, including a well-developed intelligence network.

In fact, China’s tech giant Baidu has set up a Silicon Valley office in Sunnyvale, California, that employs 160 workers, many of whom are working on the car project.

The […]

Quarter-Mile-Long Container Ship Docks at Los Angeles Port

Here’s a postcard from the expanding globalized economy: outsourced manufacturing requires mega-shipping to transport the cheaply-produced goods back to American consumers.

The latest money-saver for corporations is the biggest container ship ever to land in North America, the CMA CGM Benjamin Franklin, a French-owned ship, which docked on Saturday at the Port of Los Angeles. […]

Pew Research: America Is No Longer Majority Middle Class

A Pew study (The American Middle Class Is Losing Ground) released on Wednesday found that the number of Americans living in a middle-class household had fallen to below half.

That’s a major event, because America is supposed to be a middle-class nation, not like backward countries such as Brazil where the great majority of people […]

Pew Poll: Republican Voters Notice Washington GOP’s Obama-Friendly Governance

Did the GOP leadership of the House and Senate think that party voters wouldn’t detect their consistent failure to oppose Obama policies of crazed overspending, globalized trade and immigration amnesty, among others?

A recent Pew survey shows the support of Republicans for GOP behavior has dropped like a stone — down 18 percent (from 86% […]

America’s Senator Jeff Sessions Demands Trade Agreements That Will Benefit Americans

Senator Sessions understands that the globalized economy is full of pitfalls for the American worker, particularly trade deals that benefit only wealthy corporations by pushing wages ever downward by way of outsourcing and immigration. Previous global trade agreements have been uniformly terrible for American workers’ jobs and wages, yet we are supposed to believe that […]

Elite Liberal Press Takes Aim at Global Trade

Politics sometimes seems like musical chairs, where politicians take positions on account of the situation of the moment and then remain in place despite all reason.

For example, Democrats oppose trade deals that cause Americans to lose jobs but don’t mind flooding the nation with millions of excess immigrant workers taking citizen jobs. On the […]

America’s Senator Jeff Sessions Warns White House Wants Fast-Track Authority before TPP Deal Is Public

The American citizen’s best friend in Washington has been cautioning against the highly flawed trade deal that not only would offshore US jobs to cheap-labor nations but would also grease the skids for more immigration.

Senator Sessions spoke against the legislation in this audio recording dated May 8, 2015. He cited a Luntz poll […]