TAKE THIS JOB AND SHIP IT

 

Dorgan, B (2006) Take this job and ship it  St. Martin's Press, New York

 

Senator Dorgan outlines a familiar format for those who have been following the story of outsourcing and downsizing in the process of

globalization.

At the beginning of the Reagen administration, the president was able to exchange symbolism for workers rights and did so successfully. During Clinton's time in office, NAFTA opened the floodgates of imports and outsourced jobs mainly to Mexico and then parts of Asia. Balance of payments became lopsided in favor of other countries. Bush 43' then provided tax cuts mainly to the wealthy and they benefited from the trade at the expense of workers.NAFTA has added to the misery.

We are now selling off the country. We borrow from other countries including Japan and China so that we owe more to them and it impacts are foreign policy. Doran then tellS the stories of numerous large corporation that have left the United States. They not only do they take jobs, but taxes that could have been paid here.

Labor standards have been lowered, and overtime pay has been reduced. Free trade means that jobs leave here and the theory is that new jobs of high technology are created. The mass of workers become educated and all or most Americans have a higher standard of living and so do our trading partners. It is a nice theory , but it does not work. Globalization must be replaced by internationalism. We trade with the world and negotiate deals that benefit workers not just a handful of owners.

Yes, stock owners of which 10% own 90% of the stock,benefit and yes we do buy cheaper products here. However, as Henry Ford knew so many years ago, is that without a purchasing middle class, the country spirals downward.

In 2000, 63% of corporations do not pay taxes and in real terms the middle class is living on $40,ooo a year when extrapolated from the high of 1970, the middle class was making $75,000 dollars. Corporations last year made 2.7 trillion dollars.

How do the rich avoid taxes? They set up corporations in the Cayman Island or other such places. There is a tiny house in the Caymans filled with files of titles that a corporation resides there. The Caymans charges a small fee and that's it. No taxes need to be spent in the states. Warren

Buffet pays taxes here.

Big Pharma basically sets prices and continues to increase them. The Bush drug plan makes sure that recipients can not bargain for lowered prices like the Veteran Administration. So the plan is a facade for the drug companies. However, some who are not poor and did not have any insurance do benefit, but most do not. A set amount is paid then they hit a donut

where payments are full retail.

The remaining parts of the book discuss oil, Walmart, and related. The author finishes with various protectionist strategies  so that workers can

regain a foothold in this country.

 

Home Essays Small Talk Books About Joel Snell Publications Links