Depressing but true

“The genius of our ruling class is that it has kept a majority of the people from ever questioning the inequity of a system where most people drudge along, paying heavy taxes for which they get nothing in return.”

– Gore Vidal

Saving the rich, losing the economy

US politicians, such as Buddy Roemer, blame the collapse of US manufacturing on Chinese competition and “unfair trade practices.”  However, it is US corporations that move their factories abroad, thus replacing domestic production with imports. Half of US  imports from China consist of the offshored production of US corporations.

http://www.counterpunch.org/2011/09/26/saving-the-rich-losing-the-economy/