24 April 2011

As Offshoring Continues, US Public Peeved at "Free Market"

by Roger Bybee

Many Americans increasingly feel like a trap door has suddenly dropped them into economic quicksand, with major corporations and their government allies pulling them further away from the middle-class security they once had.

These feelings have been heightened by a wave of public-sector union-busting laws in Wisconsin and Ohio that will encourage more private sector wage-cutting (already at a record level ), revelations about the extent of corporations “off-shoring” jobs while creating virtually no new jobs in the U.S. for the entire 1999-2009 decade and news that two-thirds of major corporations are paying no federal income taxes.

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