Gallows Of Globalization

Alarm bells should have been sounding from the Democratic party leadership the first year this country transitioned from an annual export surplus to an annual import surplus, but for the past three decades, protectionism was a dirty word that you never heard from the leaders of either bought-and-paid-for major party. The Democrats marched labor to the gallows and hung them from the myth of globalization.

Perhaps there will be equilibrium between the US and its trading partners again someday - but that day will arrive when the destruction of the dollar's buying power starves our appetite for imports and when there is equilibrium between the wages earned inside America and those earned in the countries that have captured our manufacturing capacity.