On January 6, 2004, Senator Charles Schumer and I challenged the erroneous idea that jobs offshoring was free trade in a New York Times op-ed. Our article so astounded economists that within a few days Schumer and I were summoned to a Brookings Institution conference in Washington, DC, to explain our heresy. In the nationally televised conference, I declared that the consequence of jobs offshoring would be that the US would be a Third World country in 20 years.
That was 11 years ago, and the US is on course to descend to Third World status before the remaining nine years of my prediction have expired.
You can read the rest @
http://www.paulcraigroberts.org/2015/10/29/us-on-road-to-third-world-paul-craig-roberts/
Dear Dr. Roberts: This is exactly what the powers that be want. After all, they're not stupid.
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