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Reply #55: Macroeconomic theory is one thing, the reality of global economics [View All]

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linazelle Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jan-29-05 01:09 AM
Response to Reply #52
55. Macroeconomic theory is one thing, the reality of global economics
is another. At this point, Americans are suffering because we have a trade deficit created by greedy corporations. The benefits that should be gained by outsourcing are not being realized when people are paid 65 cents an hour--they don't have money to buy American goods, or anybody else's goods for that matter. The reality is, global outsourcing is creating spreading poverty equally--not economic progress. It's flattening our economy to match the economy of the people who produce our goods.
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