this is radio tabs

11/05/2008

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Today on CNBC while talking about the Chinese economy, they mentioned that there are 100,000,000 Chinese who will work for on average $170.00 a month. That Union health, welfare benefits and wages have penalized American automakers competitiveness, and have stopped other companies from reinvesting monies into modernizing their industrial plant (this is not to say that the Big Three have been managed that well either). What makes American labour worth more money? Are we better educated, are we smarter, are we inherently better workers? The answer is that Americans are none of the above.

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In contemplating the United States, America has 45 Trillion or is it 65 Trillion USD in UNFUNDED obligations or Debt. This does not make America a rich nation, America is a shell of its former self. America has been living beyond its means for 40 years. Starting with LBJ and his "Guns and Butter" Great Society and Vietnam war. On to Reagan and his "New Morning in America" feel good politics. It was all about selling the soap (20 Mule Team Borax) of a prosperous America. Only Jimmy Carter told the truth about America, "Ya all better be putin on a sweater now." Only thing was back then nobody else saw it or wanted to see it, as it was all to easy to put ones head in the sand. So ya all saw what happened to poor Jimmy, he got beat by a soap salesman.

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Now with this new financial brouhaha the end of the string is closer then the beginning. This is the first real crack in the system, of America greazin on the American Express. Poor Obama comes along at a time when one has to put Humpty Dumpty back together again. To pick up and carry on. What a paradox to have to keep tellin people things are all gona be Hunky Dory again while the credit card tab that America has is running hot and is about maxed out. For Liberal economists to be telling us that union representation is better for America financially, when 100 M Chinese will work for on average $170 a month is the height of delusional thinking. One supposes that they can keep on claiming anything they like as the house falls down around them. But Darwinism tells one, that that species is not likely to survive the first real winter that comes along.