Economy In Crisis
Documenting America’s Economic Condition.
| Current Issues: | NAFTA | Air Force Airbus Deal | Recession 2008 | Colombia Free Trade |
Goodbye To America's Fabled Economy |
America is being destroyed. Many Americans are unaware, others are indifferent, and some intend it. The destruction is across the board: the political and constitutional system, the economy, social institutions including the family itself, citizenship, and the character and morality of the American people. The foundation of social organization—marriage, family, and parental control over children—is disintegrating. Mass unassimilated and illegal immigration has destroyed the meaning of American citizenship and forced large numbers of Americans into unemployment. For example, Steve Camarota at the Center for Immigration Studies reported on June 20 that state employment data show that in the first six years of the 21st century 218,000 high school graduates in the state of Georgia have been employment- displaced by immigrants. Moreover, wages have stagnated, putting the lie to the claim that there is a shortage of workers. If there were a labor shortage, wages would be bid up and rising. A Google search will call up enough information to make the case for these points many times over. However, the destruction of the US economy, though far advanced, is still largely unknown. It is to this subject that we turn. For a number of years Charles McMillion of MBG Information Services and I have documented from BLS nonfarm payroll jobs data that the US economy in the 21st century no longer creates net new jobs in tradable goods and services. In the 21st century, job growth in “the world’s only superpower” has a definite third world flavor. US job growth has been limited to domestic services that cannot be moved offshore, such as waitresses and bartenders and health and social services. These are not jobs that comprise ladders of upward mobility. Income inequality is worsening, and education is no longer the answer. The problem is that middle class jobs, both in manufacturing and in professional occupations such as engineering, are being offshored as corporations replace their American workforces with foreigners. I have called jobs offshoring “virtual immigration.” US JOBS: No American Need Apply The latest bombshell is that even those professional jobs that remain located in America are not safe. There is a vast industry of immigration law firms that enable American corporations to replace their American workers with foreigners brought in on work visas. For years Americans have been told that work visas are only issued in cases where there are no Americans with the necessary skills to fill the jobs. Americans have been reassured that safeguards are in place to prevent US companies from using the work visas to replace their American employees with foreigners paid below the prevailing US wage. Now, thanks to a video placed on “YouTube” by a US law firm, Cohen & Grigsby, marketing its services, we now know that it is easy for US companies to legally evade the “safeguards” and to replace their American employees with lower paid foreigners. University of California computer science professor Norman Matloff has an excellent presentation available at his online site about the lack of impediments to the ability of US firms to replace their American employees with foreigners. Matloff says to keep in mind that Cohen & Grigsby “is NOT a rogue law firm.” The advice provided by Cohen & Grigsby is the standard advice given by the hoards of immigration attorneys who are personally cleaning up by putting Americans out of work. Except for Lou Dobbs on CNN, the US TV and print media have so far ignored the astounding story. Where are the headlines: "US Jobs: No American Need Apply?" COPYRIGHT 2007 CREATORS SYNDICATE INC. *The above article is excerpted from Paul Craig Roberts "Goodbye To The City Upon A Hill And To Its Fabled Economy." Paul Craig Roberts served as Assistant Secretary to the Treasury in the Reagan Administration. He was an editor and columnist for the Wall Street Journal and Business Week. In 1993, Forbes Media Guide ranked him as one of the top seven journalists in the United States. Currently he is a nationally syndicated columnist for Creators Syndicate and a frequent contributor to EconomyInCrisis.org.E-mail editor@economyincrisis.org
Spread this message with
Digg,
Del.icio.us,
Reddit, or
Stumbleupon, and subscribe to the
RSS Feed to track articles
Article Comments From Readers
|
