Long after he retired he told me "If I tried to do today what I did years ago, I could not do it. The opportunity is no longer there."
I know a bunch of kids today who make minimum wage or slightly higher. Some of them are 35 years old.
Neither party gives a damn. If they did they would have fixed the problem - and the problem isn't that hard to fix. I know to fix it.
I've said it before: both parties can go to hell, "liberals" and "conservatives" both.
This is from Bizarro Theater.
There is only one candidate whose campaign theme is this: The USA exists for working-class Americans who are citizens. That candidate's name is Donald Trump.
Trump has what Margaret Thatcher called key to politics — conviction — and avoids what loses to the left — consensus. In, A BRILLIANT LADY AND WHY DONALD TRUMP IS MOST POPULAR WITH AMERICANS, I wrote about that back in early October when most pundits were surprised by Trump's early dominance.
Almost all of the GOPher candidates are internationalists openly. As internationalists, they will continue to swell the working-age population through immigration.
Their policy lowers wages permanently and increases profits in the short-term. Over years though, it decreases capital investment in the USA and puts the economy in a capitalism death spiral. I wrote about that in JASON X AND LEW ROCKWELL'S CULT OF MISES. ANOTHER EXAMPLE OF WHY AMERICANS ARE IN BIG TROUBLE.
The internationalist candidates are: Marco Rubio, Jeb Bush, Chris Christie, John Kaisch, Carly Fiorina.
Those candidates will continue on the path of both Bushes, Clinton and Obama. That is the path of stripping Congress of power and make you subject to international governing agencies that you cannot vote out of office. I wrote about that in TRANS-PACIFIC PARTNERSHIP OF ESTABLISHMENT INTERESTS TO SCREW YOU OVER.
One candidate likely is a libertarian open-borders candidate, which is the same as the internationalists, in effect: Rand Paul.
The remaining candidates are cryptic about where they stand: Ted Cruz and Ben Carson, Rick Santorum.
Ted Cruz's wife, Heidi S. Cruz, is an international energy investment banker with Merrill Lynch in Houston, Texas, and an ex-GOP establishment internationalist. Heidi Cruz is a task-force member of the Council on Foreign Relations, a pro-internationalist body.
Heidi Cruz served in the Bush White House in three jobs — 1) under Condoleezza Rice as the Economic Director for the Western Hemisphere at the National Security Council; 2) as the Director of the Latin America Office at the U.S. Treasury Department; 3) and as Special Assistant to Ambassador Robert B. Zoellick, U.S. Trade Representative.
So it's quite likely that Ted Cruz is an internationalist who stands against working-class Americans.
On the Democratic Party side, all of the candidates are internationalist sellouts — Hillary Clinton, Bernie Sanders and Martin O'Malley. All of them hate white, working-class Americans. All want to implement immigration policies that make whites a minority in our own country.
Foreign Trade is good when Americans can buy products that aren't made by Americans in the USA. Foreign trade isn't good when foreigners operate at lower-to-them cost structures owing to a different legal scheme.
When foreigners can throw bodies at the production and sell into the USA at massively lower prices than Americans, doing so kills the return to capital in the USA and thus kills capital investment itself. When capital investment shrinks, wages falls. The country goes into the capitalism death spiral. In SOPHIE'S CHOICE OF CAPITAL OR LABOR. A FREE-MARKETS LIBERTARIAN BECOMES AN ANTI-CAPITALIST AND PERPETUATES AN ECONOMICS MYTH and in CAPITALISM. BECAUSE WITHOUT IT, YOU WOULD BE LIVING AS A BARE SUBSISTENCE SAVAGE, I explained in detail all of this for you.
That is why import taxes (tariffs) should exist. Import taxes ought to be levied at the rate of the inverse of the ratio of foreign per capita GDP to USA per capita GDP. So for example, because Canadian GDP per capita is $50,271 while American GDP per capita is $54,629, a tax of 7.98% should be levied on imports coming from Canada
Here is the math:
(1 - ($50,271 ÷ $54,629)) × 100 = 7.98%
Likewise, Mexican GDP per capita is $10,361. So a tax of 81% should be levied on imports coming from Mexico!
Foreigners should compete against Americans through efficiency under capitalism as capitalism is the only way to get a high living standard. What is killing the USA and our economy and capitalism itself is importing goods taxes-free from third world countries whose means of competition is a mass of workers with little capital.