Thursday, December 7, 2017

American business abandoned America starting in 2000, investing gargantuan sums abroad instead of here at home

This is why we have so much income inequality in 2017.

American business increased investment levels abroad by 282% since the year 2000, chasing cheaper labor and resources and jurisdictions with few regulations (environmental, safety, wage and insurance laws).

But domestically investment is down, almost 18%. This is why incomes are stagnant, GDP is low, and good jobs are scarce in the United States.

Don't let the Republicans do this to us again.