imc indymedia

Los Angeles Indymedia : Activist News

white themeblack themered themetheme help
About Us Contact Us Calendar Publish RSS
Features
latest news
best of news
syndication
commentary


KILLRADIO

VozMob

ABCF LA

A-Infos Radio

Indymedia On Air

Dope-X-Resistance-LA List

LAAMN List




IMC Network:

Original Cities

www.indymedia.org africa: ambazonia canarias estrecho / madiaq kenya nigeria south africa canada: hamilton london, ontario maritimes montreal ontario ottawa quebec thunder bay vancouver victoria windsor winnipeg east asia: burma jakarta japan korea manila qc europe: abruzzo alacant andorra antwerpen armenia athens austria barcelona belarus belgium belgrade bristol brussels bulgaria calabria croatia cyprus emilia-romagna estrecho / madiaq euskal herria galiza germany grenoble hungary ireland istanbul italy la plana liege liguria lille linksunten lombardia london madrid malta marseille nantes napoli netherlands nice northern england norway oost-vlaanderen paris/Île-de-france patras piemonte poland portugal roma romania russia saint-petersburg scotland sverige switzerland thessaloniki torun toscana toulouse ukraine united kingdom valencia latin america: argentina bolivia chiapas chile chile sur cmi brasil colombia ecuador mexico peru puerto rico qollasuyu rosario santiago tijuana uruguay valparaiso venezuela venezuela oceania: adelaide aotearoa brisbane burma darwin jakarta manila melbourne perth qc sydney south asia: india mumbai united states: arizona arkansas asheville atlanta austin baltimore big muddy binghamton boston buffalo charlottesville chicago cleveland colorado columbus dc hawaii houston hudson mohawk kansas city la madison maine miami michigan milwaukee minneapolis/st. paul new hampshire new jersey new mexico new orleans north carolina north texas nyc oklahoma philadelphia pittsburgh portland richmond rochester rogue valley saint louis san diego san francisco san francisco bay area santa barbara santa cruz, ca sarasota seattle tampa bay tennessee urbana-champaign vermont western mass worcester west asia: armenia beirut israel palestine process: fbi/legal updates mailing lists process & imc docs tech volunteer projects: print radio satellite tv video regions: oceania united states topics: biotech

Surviving Cities

www.indymedia.org africa: canada: quebec east asia: japan europe: athens barcelona belgium bristol brussels cyprus germany grenoble ireland istanbul lille linksunten nantes netherlands norway portugal united kingdom latin america: argentina cmi brasil rosario oceania: aotearoa united states: austin big muddy binghamton boston chicago columbus la michigan nyc portland rochester saint louis san diego san francisco bay area santa cruz, ca tennessee urbana-champaign worcester west asia: palestine process: fbi/legal updates process & imc docs projects: radio satellite tv
printable version - js reader version - view hidden posts - tags and related articles

Unemployed? Worried? Read On...

by Carl F. Worden Thursday, Jul. 17, 2003 at 3:24 AM

First, we need to remember how wealth is created. The average high school graduate comes out thinking that if they get more of the money others have, then that's the way to create wealth. They don't have a clue about wealth creation, because in most cases, the schools don't teach it, and most of the kid's parents don't know either -- so herewith is a refresher course.

Unemployed? Worried? Read On...

By Carl F. Worden

7-14-3

Now that at least 6% of you are unemployed in the United States and have more free time to read, perhaps you'd like to know why you no longer have a job, why your job-finding prospects are bleak, why our trade deficit is off the charts and even more importantly, who did this to you.

 

In order for you to fully grasp what I'm about to write, we'll need to review what worked to make this nation the most wealthy and powerful nation ever to grace the face of this earth.

 

First, we need to remember how wealth is created. The average high school graduate comes out thinking that if they get more of the money others have, then that's the way to create wealth. They don't have a clue about wealth creation, because in most cases, the schools don't teach it, and most of the kid's parents don't know either -- so herewith is a refresher course.

 

In the most perfect scenario, and one that the United States of America just happened to follow, this nation was established on a continent that was blessed with magnificent amounts of raw materials, like wood and metals, and an agricultural breadbasket that could produce far more food than the domestic population could possibly eat. Add to that potent mix a population with a strong work ethic, solid moral integrity and the freedom to be as personally successful as they want to be, and the Founding Fathers just let human nature take its course.

 

Those raw materials are mined and harvested, then manufactured into items of quality and desirability that the entire world wants to purchase. That is how wealth is created. The same goes for a vigorous agricultural program: You plant a seed and water it, it grows and produces whatever, you sell it, and voila! You've created wealth.

 

In the meantime, people need to be employed in order to manufacture and grow things, and if you employ someone, you have to pay them for their contribution to your efforts. As time goes by, more and more of your domestic population becomes employed, which means they are making money and able to purchase land, homes, cars and other things themselves.

 

Over time, our growing domestic population became this nation's largest consumer of U.S. manufactured goods. Because of our Constitution and our Republican form of government, our people were free to explore and invent with little or no government intervention. This led to technological advances that produced goods of such fine quality and craftsmanship that no other nation could compete with us at the same level. The world could buy cheaper goods of lower quality made in Japan, for example, but if you wanted quality that would last, you bought American. As a result, wealth poured into this nation, creating more millionaires per capita than any other nation on earth.

 

As our population came to earn more and more money in salaries and wages, our domestic manufacturers employing those workers had to charge more and more for their goods at the wholesale level in order to maintain a profit and stay healthy.

 

The workers employed in other nations earned far less than our workers, so in theory, they could produce manufactured goods at a lower cost than our domestic manufacturers could. The problem is that they generally lacked the raw materials we had in such abundance, and they also lacked our superior manufacturing technology, making foreign-made goods generally inferior.

 

Even so, the United States maintained tariffs and trade restrictions that forced the shelf price of imported manufactured goods high enough to keep their price comparable to the goods produced by American manufacturers

 

As a result, the American standard of living kept climbing and outpacing that of the rest of the world - by leaps and bounds.

 

Later on, foreign manufacturers managed to steal a great deal of our technology, but the tariffs and trade restrictions still kept doing their intended duty of protecting American jobs.

 

That is what made America the most wealthy and powerful nation on the face of this earth, and all that changed with the passage of NAFTA and GATT in 1994. We are now hemorrhaging jobs and wealth to other nations, particularly China, at such an astonishing rate that there is no foreseeable way to stop the carnage. The North American Free Trade Agreement and the General Agreement on Trade and Tariffs quite literally slashed America's economic throat. NAFTA/GATT were pushed through by the Republicans, and signed into law by President Bill Clinton over the strenuous objections of his fellow Democrats.

 

NAFTA/GATT removed our last line of defense against unfair foreign competition by manufacturers who now use cheap labor, equal manufacturing technology and even our own raw materials to compete with American manufacturers in a so-called "free" market. NAFTA/GATT were international treaties requiring a 2/3 Senate approval - votes they didn't have - so they just passed them as regular legislation. Incredibly, when American labor unions challenged the passage of NAFTA/GATT as unconstitutional, the Supreme Court let them stand!

 

So what I want you to understand here is that all legal means for ridding ourselves of those treasonous acts have been exhausted. Our elected representatives show no signs of wanting to end our participation in NAFTA/GATT, therefore nothing short of a bloody and violent revolution to take this government back will have any chance of stopping our economic nosedive. This slide will not, and indeed, cannot end until our wages and our standard of living have equalized with the rest of the world.

 

Ross Perot held the public forum during his presidential campaign, and screamed from the rooftops that if NAFTA/GATT were passed, we'd hear this giant sucking sound of American manufacturing jobs going to other nations, remember that? He was out-shouted by that truth-impaired radio talk show host, Rush Limbaugh, who assured us all that NAFTA/GATT were a good thing for America and would enable American consumers to buy manufactured and other goods at substantially lower prices.

 

Where it comes to basic math and economics, Rush Limbaugh is definitely not the guy to ask. You have to have a job to buy manufactured goods and foodstuffs, no matter what the price, right? And if American manufacturers close their plants in America and start manufacturing in China and elsewhere, as they had to do in order to stay competitive and viable, doesn't that mean those high-paying American manufacturing jobs are now held by slave-laborers in China? Is this treason starting to sink in yet? You didn't seem to care when you had a job, right? Well, I'll bet you do now.

 

Oh, and what about those lowered prices for foreign-made goods we were promised ala Limbaugh? Seen any lately? No?? And why? Because the formerly American and foreign manufacturers now in China and Taiwan didn't 't have to lower them! All they had to do was lower their price a buck or two under what the American manufacturer had to sell the same product for here.

 

You see, it doesn't matter that it only costs them pennies on the dollar to make the same item an American manufacturer does. They have no obligation whatsoever to pass those savings on to you and me if they don't have to - and under NAFTA/GATT they don't have to! The whole idea is to make the highest possible profit while remaining competitive, right? Well, if that's the case, then prices won't drop until Americans have lost so many family-wage paying jobs that they simply cannot afford to pay the higher prices anymore.

 

I wish I could end this article with a ray of hope for our economy, but I cannot. If we are to have free trade with other nations, then the inevitable result will have to be our parity in living standards with the rest of the "global" community, and because we have a comparatively high standard of living, it naturally follows that our standard of living will have to decline. This is Math 101, and there's no way around it.

 

I just read an interesting Associated Press article at (http://www.msnbc.com/news/937578.asp?0cv=BB10&cp1=1)

 

If you have been paying attention to this mess, you'll recall that President Bush slapped a 30% tariff of foreign steel imported to the United States. At the time he did it, I couldn't figure out where NAFTA/GATT allowed him to do it, but if they did, why don't we just slap tariffs on all imported foreign goods to protect our remaining domestic manufacturers who are too stupid to close up and move to China?

 

Well, I just got my answer: The World Trade Organization, whose rules we agreed to abide by under NAFTA/GATT, just ruled Bush's tariff violates "global trade rules". If the American appeal fails, we taxpayers will pay a stiff fine and thousands more American steel manufacturing jobs will be lost.

 

Would you like to hear some good news? I thought so. Here goes:

 

I just read somewhere that China was being lauded for having reduced its poverty level by more than half. I wonder how they did it, and where they got the money?

 

http://home.flash.net/~rhmjr/

Report this post as:

LATEST COMMENTS ABOUT THIS ARTICLE
Listed below are the 10 latest comments of 34 posted about this article.
These comments are anonymously submitted by the website visitors.
TITLE AUTHOR DATE
The true wealth of a Nation... Adam Smith Thursday, Jul. 17, 2003 at 3:26 AM
Kucinich FluxRostrum Thursday, Jul. 17, 2003 at 4:04 PM
Employ yourself! Sansculotte Thursday, Jul. 17, 2003 at 4:08 PM
The above post is PsyOps Detector Friday, Jul. 18, 2003 at 3:03 AM
. lynx-13 Friday, Jul. 18, 2003 at 3:41 AM
Solution to Unemployment Diogenes Friday, Jul. 18, 2003 at 2:29 PM
I fail to see... Republican Friday, Jul. 18, 2003 at 3:30 PM
Detector Meyer London Friday, Jul. 18, 2003 at 4:50 PM
You are not going to trap me with that one... Diogenes Friday, Jul. 18, 2003 at 4:51 PM
By the way Meyer London Friday, Jul. 18, 2003 at 5:57 PM
"not advocating violence against government officials" NSA Friday, Jul. 18, 2003 at 6:41 PM
That has been a given... Diogenes Friday, Jul. 18, 2003 at 7:31 PM
Hi Meyer... Diogenes Friday, Jul. 18, 2003 at 7:38 PM
I'm baaaack (crazy gideon voice) Sy$teMF@iLuRe Friday, Jul. 18, 2003 at 8:02 PM
Meyer London Republican Friday, Jul. 18, 2003 at 9:15 PM
Golly Gee Whillikers... Diogenes Friday, Jul. 18, 2003 at 9:37 PM
if I had a rocket launcher... peeps Friday, Jul. 18, 2003 at 9:37 PM
Why should we be frightened? Sy$teMF@iLuRe Friday, Jul. 18, 2003 at 11:01 PM
I AM FOR THE PEOPLE!! Sansculotte Saturday, Jul. 19, 2003 at 9:25 AM
Republican Meyer London Saturday, Jul. 19, 2003 at 1:05 PM
It couldn't be... Republican Saturday, Jul. 19, 2003 at 1:17 PM
The New X The New X Saturday, Jul. 19, 2003 at 2:00 PM
Yes healthcare would be nice matt Saturday, Jul. 19, 2003 at 2:18 PM
cradle to grave cradle to grave Saturday, Jul. 19, 2003 at 2:29 PM
oh yeah matt Saturday, Jul. 19, 2003 at 2:40 PM
Multi-person Poster Meyer London Saturday, Jul. 19, 2003 at 2:55 PM
I agree with "Cradle to Grave" Republican Saturday, Jul. 19, 2003 at 3:08 PM
"obvious" Republican Saturday, Jul. 19, 2003 at 3:09 PM
you're right1 fresca Saturday, Jul. 19, 2003 at 7:04 PM
Limbaugh - Clinton and Co. Tapart News Editor Sunday, Aug. 03, 2003 at 12:00 PM
What? makes no sense Sunday, Aug. 03, 2003 at 1:20 PM
Limbaugh was instrumental with the trade agreements Tapart Real News Friday, Sep. 19, 2003 at 9:17 PM
Limbaugh was instrumental with the trade agreements Tapart Real News Friday, Sep. 19, 2003 at 9:19 PM
Limbaugh was instrumental with the trade agreements Tapart Real News Friday, Sep. 19, 2003 at 9:19 PM
After the Civil War... MadMaxim Saturday, Sep. 20, 2003 at 2:42 AM

Local News

Change Links September 2018 posted S02 10:22PM

More Scandals Rock Southern California Nuke Plant San Onofre A30 11:09PM

Site Outage Friday A30 3:49PM

Change Links August 2018 A14 1:56AM

Setback for Developer of SC Farm Land A12 11:09PM

More problems at Shutdown San Onofre Nuke J29 10:40PM

Change Links 2018 July posted J09 8:27PM

More Pix: "Families Belong Together," Pasadena J02 7:16PM

"Families Belong Together" March, Pasadena J02 7:08PM

Short Report on the Families Belong Together Protest in Los Angeles J30 11:26PM

Summer 2018 National Immigrant Solidarity Network News Alert! J11 6:58AM

Watch the Debate: Excluded Candidates for Governor of California M31 5:20AM

Change Links June 2018 posted M28 7:41AM

The Montrose Peace Vigil at 12 Years M22 8:01PM

Unity Archive Project M21 9:42AM

Dianne Feinstein's Promotion of War, Secret Animal Abuse, Military Profiteering, Censorshi M17 10:22PM

CA Senate Bill 1303 would require an independent coroner rather than being part of police M10 9:08PM

Three years after OC snitch scandal, no charges filed against sheriffs deputies M10 8:57PM

California police agencies violate Brown Act (open meetings) M02 8:31PM

Insane Company Wants To Send Nuke Plant Waste To New Mexico A29 11:47PM

Change Links May 2018 A27 8:40AM

Worker-Owned Car Wash on Vermont Closed A27 5:37AM

GUIDE TO REBEL CITY LOS ANGELES AVAILABLE A13 12:39AM

lausd whistle blower A11 6:58AM

Website Upgrade A10 10:02AM

Help KCET and UCLA identify 60s-70s Chicano images A04 8:02PM

UCLA Luskin: Casting Youth Justice in a Different Light A02 6:58PM

Change Links April 2018 A01 6:27PM

More Local News...

Other/Breaking News

Paraphysique de psychosomatique S22 6:58AM

Chuck Grassley: Women Abusing, Animal Murdering, Illegal War Supporting Criminal S22 2:58AM

Finance Capitalism and the Digital Economy S21 4:45PM

Muselières syndicales, muselières patronales S21 7:19AM

Jeff Bezos, Amazon, The Washington Post, Whole Foods, Etc S21 2:50AM

Why Choose Nut Milk Over Cows' Milk S21 1:01AM

Antrhopocène, le grand effondrement S19 9:53AM

Abolir l'économie S18 11:18AM

The Dictatorship of Corporations S17 5:26PM

18 Lethal Consequences Of Hunting S17 3:13PM

Paraphysique de l'outplacement déontologue S15 6:51AM

Shopping du bashing S14 8:42AM

After Lehman Brothers, Experts Say Global Financial Crisis Can Happen Again S13 8:28PM

“Animaniacs in Concert!” Starring Voice Legend Rob Paulsen S12 9:30PM

Probabilités de fin d'humanité S12 6:49AM

Florida Area of Migrant Farmworkers Denied Right to Construct Health Clinic near NaplesCIW S11 2:57AM

Steer clear of work morality! S09 12:10PM

The Shortwave Report 09/07/18 Listen Globally! S06 11:23PM

August 2018 Honduras Coup update S06 12:28PM

Brett Kavanaugh Filled The 5th Circuit With Execution Judges S06 6:14AM

Augusta Georgia Woman Gets 5 Year Prison Sentence for Writing About Russians Crime Acts S05 8:29AM

Paraphysique de contextualité S05 8:29AM

Crisis Regulation in Global Capitalism S03 3:39PM

Ex-voto de réification S03 10:24AM

Please Oppose Warmonger, Execution and Torture Supporting Bush Operative Brett Kavanaugh A31 10:45PM

Paraphysique d'exploitation occultation A31 10:24PM

Ryan Zinke Is Charging Taxpayers For A Trophy Hunters' Council A31 2:10PM

Is the Financial Crash 2.0 Coming? A31 10:07AM

More Breaking News...
© 2000-2018 Los Angeles Independent Media Center. Unless otherwise stated by the author, all content is free for non-commercial reuse, reprint, and rebroadcast, on the net and elsewhere. Opinions are those of the contributors and are not necessarily endorsed by the Los Angeles Independent Media Center. Running sf-active v0.9.4 Disclaimer | Privacy