Saturday, May 16, 2026
Working class
The end of WW 2 saw the beginnings of globalization. For forty years between 1955 and 1995 the democrats controlled the congress and then the republicans took over for the next 12 years until 2007 and that was the end of globalization. During those years both parties, but mostly democrats, claimed to be the party of the working man. It was during those years that the foundation of the working man crumbled as manufacturing jobs were shipped overseas. Added to that was the structural disadvantage with tariffs. The US followed in the believe that free trade was best for all and that is the case but while the trade was free it was not fair. The US had tariffs of 2 to 4% while the rest of the world taxed US imports at 5 to15%. Many of the US trading partners used child labor, had few environmental laws and used mostly coal power. On top of that the US paid more than its fair share for NATO, the UN and all of its affiliates and used its military power to protect all allies. This system expanded the income and wealth gap and those in control want things to remain the same but all that is changing. The new way will be free and fair trade, countries paying for their defense and manufacturing jobs coming back home. This will promote the working class with good jobs.
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