Don't forget the administrations of Roosevelt and Roosevelt.
Republican Teddy Roosevelt realized that the concentation of wealth into the hands of a few was strangling the U.S. economy, and so he because the "Trust Buster," breaking up the growing monopolies and maintaining competition and the free market system.
Democrat Franklin Roosevelt legalized and strengthened union activities: leading to the 40-hour work week, sick leave, vacations, and bargained-for wages...which was the basis for the strong middle class.
(Notice how, as unionism has declined over the past few decades, so has the number of people in the middle class.)
Globalization does present a challenge -- but also an opportunity. This could be a lot like automation in the 60's, which eliminated numerous jobs, but in the end created more, higher paying jobs.![Smile](https://apolyton.net/core/images/smilies/smile.gif)
Now, capitalists want to outsource American jobs to China, India, etc. to gain the advantage of paying low wages and thereby maximize profits.
The choice they want to present the American worker with is, take lower salaries or loose your jobs completely.
For years, I've been advocating for years unions should be going aboard and organizing workers in India, China, etc. I don't want to drag our wages down to their level but rather to elevate their wages up to ours.
Once we create vibrant middle classes in China and India, there will be a worldwide surge of a demand for goods and services, and we'll all benefit.
![Smile](https://apolyton.net/core/images/smilies/smile.gif)
![Smile](https://apolyton.net/core/images/smilies/smile.gif)
Republican Teddy Roosevelt realized that the concentation of wealth into the hands of a few was strangling the U.S. economy, and so he because the "Trust Buster," breaking up the growing monopolies and maintaining competition and the free market system.
![thumbs-up](https://apolyton.net/core/images/smilies/thumbs-up.gif)
Democrat Franklin Roosevelt legalized and strengthened union activities: leading to the 40-hour work week, sick leave, vacations, and bargained-for wages...which was the basis for the strong middle class.
![thumbs-up](https://apolyton.net/core/images/smilies/thumbs-up.gif)
![Frown](https://apolyton.net/core/images/smilies/frown.gif)
Globalization does present a challenge -- but also an opportunity. This could be a lot like automation in the 60's, which eliminated numerous jobs, but in the end created more, higher paying jobs.
![Smile](https://apolyton.net/core/images/smilies/smile.gif)
Now, capitalists want to outsource American jobs to China, India, etc. to gain the advantage of paying low wages and thereby maximize profits.
![$$$](https://apolyton.net/core/images/smilies/greed.gif)
For years, I've been advocating for years unions should be going aboard and organizing workers in India, China, etc. I don't want to drag our wages down to their level but rather to elevate their wages up to ours.
![Smile](https://apolyton.net/core/images/smilies/smile.gif)
![Big Grin](https://apolyton.net/core/images/smilies/biggrin.gif)
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