The following story by Pat Buchanan is so grizzly that you may want to cry. These are the only words satisfactory to introduce the disgraceful scenario that unfolds here.
At the Cold War’s end, the GOP reached a fork in the road. The determination of Middle Americans to preserve the country they grew up in, suddenly collided with the profit motive of Corporate America.
The Fortune 500 wanted to close factories in the USA and ship production abroad — where unions did not exist, regulations were light, taxes were low, and wages were a fraction of what they were here in America.
Corporate America was going global and wanted to be rid of its American work force, the best paid on earth, and replace it with cheap foreign labor.
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Richard C. Young is the editor of Young's World Money Forecast, and a contributing editor to both Richardcyoung.com and Youngresearch.com.
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