This phrase is repeated so many times that no one questions it anymore. We are living in a world economy. We have to ship all our good jobs overseas. What jobs are left, we will need to compete with the lowest paid workers in the world. Not only that, our military will protect these markets and our politicians will see to it that anyone that wants to move jobs overseas will get generous tax breaks. That's just the way it is. That is the new "world economy". Even the President says so...
than all of the western industrialized countries combined. And India now has 2 of the richest individuals in the world amongst top 5 richest. How the world has changed!
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