Quote:
Originally Posted by Paul Markham
No First World country can thrive while it continually loses jobs to a Third World country. Manufacturing employs millions and provides the country with exports, research, technical advancements, tax revenues, etc. Unemployment increase crime, poverty, and costs to the government. For a short while, you enjoy the benefits such as cheap clothing, phones, etc. In the long run, you are cutting your own throats.
The's nothing the Third World can't produce that only the First World can. In the end they will take everything and move their markets from the once First World to the now Third World.
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It is a trap not only for the first world but also for the third. The first world lost jobs, third receive slavery or rejection in right. I don't think slavery labor can be organized without government in China and western elites - it gives monopolization production. And it leads to the degradation of the elites. More and more they will be want be like dictators and have all money whole country.
70% of Americans consider themselves middle class—but only 50% are
https://www.cnbc.com/2017/06/30/70-p...rcent-are.html
The Middle-Class Squeeze
A Picture of Stagnant Incomes, Rising Costs, and What We Can Do to Strengthen America’s Middle Class
https://www.americanprogress.org/iss...class-squeeze/