Question by Andy F: Regardless of who wins the White House, can the US restore good paying jobs for an expanding middle class?
I wonder about that, myself.
From my admittedly biased perspective, the Romney – Ryan people seem to be proposing to “fix” the economy by (a) wrecking the environment and (b) letting the corporations push down wages until US labor becomes as cheap as Chinese labor.
Maybe I’m wrong, but I think the GOP is just pandering to the super-rich, and proposing to let giant multinational corporations do whatever they want to US society, in hopes that even the greediest companies will find the “investment client” so good here that they’re respond by creating a few new American jobs.
From my admittedly biased (marxist) perspective, Obama and the Democrats seem to waffling on what they’ll do to create new jobs.
True: they’re trying to inch ahead with small government spending programs and hoping that the Federal Reserve can stimulate investment and job growth through “quantitative easing.” But I don’t see the Democrats as willing or able to tackle the main forces of global capitalism — including globalism, and corporate cost-cutting, and union-busting — that are driving the American middle class onto the endangered species list.
I prefer the Dems to the GOP – I don’t want to live in an American version of the Chinese economic “miracle.” But I wonder if either party is tough enough or smart enough to restore the American jobs machine to what it once was — say — in the 1960s.
What do other people on YA Politics think?
Note to Gungy: My sense of the GOP being committed to environmental destruction mostly comes from the Tea Party’s opposition to regulations, Romney’s criticisms of the EPA and Romney’s campaign promises to promote more domestic oil & gas development in the US, while getting the government away from subsidizing wind & other forms of renewable energy.
More US oil & gas production and less US support for wind energy is a recipe for environmental destruction, I think.
Answer by Poly_777
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