The NYT notes today that Dubya defends outsourcing of American jobs to India...
Why? So we can open markets for "American goods." But did you ever notice that no one mentions WHAT GOODS?
Once a product is "developed" inside the US it's production is outsourced IMMEDIATELY! In fact THAT is almost a requried part of the business plan: ...Where are you going to outsource production?
Still the elites keep up the same mantra... And the trade deficit keeps on growing.
AND GOLD KEEPS GOING UP...AND OIL KEEPS GOING UP...AND THE DOLLAR KEEPS GOING DOWN...except when our "friends" overseas buy our bonds which they are getting sick of now.
But they better not try to buy real assets like ports, oil companies and defense contractors...
HEY GUPTA, HOW ABOUT A NICE HOTEL IN HOLLYWOOD...?