Well, they’ve done it again. Politicians, that is. Say one thing, and do the opposite.
All are constantly ranting about how they want to create jobs. So, what do they do? They pass a law that makes it easier for countries with lower wages to export their goods to the United States. Where do you think companies will invest and retail operations will purchase?
And, of course this was a non-partisan effort: politicians from both parties are at the corporate trough.
Just one example: Nike, that quintessential American company. The company was based upon a strategy to produce shoes in low-cost Asia, with the specific goal of destroying adidas...which produced shoes at factories in the United States. Guess which one had to shut down the factory. While you’re at it, ask where the corporation is registered and how much US tax they pay.
Multiple that example by hundred of American companies, and you will understand why unemployment is so high and the economy is in ruins. But, the companies are all wealthy, have huge cash reserves, and pay top executives handsomely.
NB. Once again, I am not a goddam communist; I am a cynic.
Prior to writing novels, the author enjoyed a multifaceted career: from decorated combat aviator to advertising professional to global communications director of a major consumer brand. He has traveled the world and met sports, film and television stars, political leaders, and royalty. He graduated from Middlebury College, is married, lives in Germany, and has two grown children.