Yves Smith of Naked Capitalism points out that a better personal future for some Americans can be found elsewhere. Her conclusion:
In other words, America’s continuing push to treat workers as disposable [commodities] puts US companies at a disadvantage relative to employers in economies where for legal and cultural reasons, employees are treated better than in US. Now admittedly, this trend is taking place only in certain job categories, but twenty years ago, you would have been laughed out of the room if you had suggested that laborers like electricians and plumbers would have a better financial future if they left the US. And with college costs skyrocketing, you can expect to see more American students get their degrees overseas and that will increase the odds that some of them will wind up working abroad. American exceptionalism allows America’s leaders to keep pretending we are number one and use that as an excuse for inaction, when the evidence on the ground calls that into question.
Well, there is another explanation for the lack of concern on this matter by the leaders of the free and prosperous world: They don’t care about the ‘lesser people’ (Alan Simpson).
