Block, Siteadmin, SkipCaptcha, Upload, Automoderated users, delete, edit, move, nsTeam2RO, nsTeam2RW, nsTeam2_talkRO, nsTeam2_talkRW, protect, rollback, Administrators, template
292,411
edits
Changes
Jump to navigation
Jump to search
Line 21:
Line 21: + + + + + + + + + + +
→Background
As manufacturing jobs were relocated to the low wage, developing world in an effort to "level the playing field" and address [[income inequality]] with the [[Third World]], the greedy global progressive elites became more powerful at the expense of workers. Workers were compensated for job loss with the [[deregulation]] and mass marketing of [[Opiate|opiod]]s.
As manufacturing jobs were relocated to the low wage, developing world in an effort to "level the playing field" and address [[income inequality]] with the [[Third World]], the greedy global progressive elites became more powerful at the expense of workers. Workers were compensated for job loss with the [[deregulation]] and mass marketing of [[Opiate|opiod]]s.
===The disconnect===
During the period of [[globalization]] (1996 - 2017), [[Wall Street]] became disconnected from [[Main Street]]. As American [[corporation]]s shifted their investment dollars from the United States to emerging markets and the developing world, Wall Street stocks, the Dow Jones Industrial average and other stock indexes reflected less and less the condition of the U.S. [[economy]]. Wall Street itself became globalized, and Main Street became detached.
While Wall Street stocks still provide income to retirees and pension funds, the capital employed and income produced by many of these stocks comes from foreign workers in China and elsewhere, and not from workers whose home is Main Street America.
Two years into MAGAnomics, the Chinese [[slave]]-driven economy started to contract as American and other multinational conglomerates began locating elsewhere. Some returned to the United States, others moved to [[Vietnam]] and other low-wage labor markets. Many Wall Street stocks, which anticipated globalization as the wave of the future, had to go through a period of re-assessment and adjustment.
But the American economy - the economy of Main Street America - remained strong and only continued gaining in strength as de-regulation and a better tax environment brought manufacturing jobs and opportunities back home.
The health of the U.S. economy is no longer gauged by the Dow Jones Industrials.
==Healthcare==
==Healthcare==