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Exclusive to CounterPunch Newsletter Subscribers!

PAUL CRAIG ROBERTS ON HOW THE 'FREE TRADE' CASE
FOR OFFSHORING AMERICA'S JOBS HAS COME UNGLUED

Roberts on the sensational exposure of the faked "gains" and phantom stats of the free traders. Who was America's most anti-imperialist president? Try Grover Cleveland! JoAnn Wypijewski on the unlikely hero of Hawai'i's restoration movement. Alexander Cockburn reports on evangelical Christians in crisis amid fresh onslaughts by forces of darkness. The Warbler's Parable: Rosa Miriam Elizalde on the black-masked visitors to Cuba defying the US economic blockade.

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"Imperial Crusades: a Diary of Three Wars" by Cockburn and St. Clair

Today's Stories

June 25, 2007

Jennifer Loewenstein
The Triumph of US / Israeli Policy in Palestine

June 23 / 24, 2007

Alexander Cockburn
Zyklon B on the US Border

Jeff Taylor
The Foreign Policy of Barack Obama

Oren Ben-Dor
Israeli Apartheid is the Core of the Crisis in Gaza

Gary Leupp
In Defense of Academic Freedom: the Ward Churchill Case

Robert Fisk
The Bumbling Envoy

David Rosen
The Hidden Cost of War: Genital Injuries, Prosthetic Devices and the War on Terror

Russell Mokhiber
Ins and Outs for 2008: Up with Spoilers!

Alison Weir
USA Today and the USS Liberty

Robert Fantina
The Floundering Congress

D. K. Wilson
Of Gangstas and Spearchuckers, Sex and Zulus

Nicole Colson
Litigating Gitmo

Stephen Soldz, Steven Reisner and Brad Olson
Torture, Psychologists and Colonel James

Dave Lindorff
Exodus of the Puppets: Bush's Incredible Shrinking Coalition

Benjamin Dangl
Cerámica de Cuyo: a Profile of Worker Control in Argentina

Michael Dickinson
The Catholicization of Tony

Poets' Basement
Davies, Engel, Gerard and Orloski

Website of the Weekend
Incarcerex: a Drug War Video

 

June 22, 2007

Andy Worthington
A Tunisian in Gitmo: the Story of Prisoner 660

Sherwood Ross
Corporate America's Deadliest Secret: the Big Profits in Biowarfare Research

Eliana Monteforte
The Torture Academy

Robert Weissman
Things Can Be Different

Richard Rhames
Farmer Preservation

Christopher Brauchli
Bush and the Uighurs: an Encounter in Albania

Ramzy Baroud
Chronicle of a Chaos Foretold

Ehud Krinis, David Shulman and Neve Gordon
Facing an Imminent Threat of Expulsion: Palestinians in S. Hebron Hills Need Your Help!

David Michael Green
If Reid Were Rove

Kathryn Webber
Boycotting DePaul

Website of the Day
Stop Me Before I Vote Again!

 

June 21, 2007

Peter Linebaugh
The Day of the Rope

Natsu Saito
The Regents and Ward Churchill: Now is the Time to Speak Out

Ron Jacobs
The Intimidation of a Vet

Saree Makdisi
The West Chooses Fatah, But Palestinians Don't

John Stauber
Blessed Unrest: an Interview with Paul Hawken

Scott Liebertz
Fox News and Venezuela: an Analysis of How the Network Deliberately Misinforms Its Viewers

Tom Clifford
The Ghost Prisoners

Robert Jensen
The Last Sunday?

Michael J. Smith
Who Among Us Will Step Up to Destroy the Democratic Party?

Jeb Sprague
Pain at the Pump in Haiti

Website of the Day
Dion: Hey Paris


June 20, 2007

Omar Barghouti
A Secular-Democratic State Solution

Andy Worthington
Repatriated to Torture

Margaret Kimberley
Supreme Injustices: the Bush Court

Robert Weissman
Sicko, Part One: the Human Tragedy

Russell D. Hoffman
Time to Choose: Meltdowns or Solar Power?

Rannie Amiri
Mideast Alight

Stephen Lendman
The New York Times vs. Hugo Chavez

Dave Lindorff
Democratic Disconnect

David Swanson
Booing Hillary: Platitudes from the Drone Machine

Anne Dachel
Autism & Vaccines: Why are They Afraid to Look?

Website of the Day
Revolution By the Book

 

June 19, 2007

Ralph Nader
Hillary's Stock and Trade: the NAFTA Two-Step

Dr. Shepherd Bliss
Torture's Long Reach

Bill and Kathleen Christison
Demostrating Against the Catholic Church in Santa Fe

Jeff Leys
Swarming Congress: Building a Resistance to the 2008 Iraq War Supplemental Funding Bill

Dave Zirin
The Unforgiven: Barry Bonds and Jack Johnson

Chris Floyd
Hitchens Takes a Roll in the Hay

Ben Terrall
Iraq Union Leaders Speak Out Against the Occupation

Anthony Papa
Veronica's Story: a Dying Wish to Governor Spitzer

VIPS
Countering Terrorism: How Not to Do It

Linda Flores
Criminalizing the Classroom

Website of the Day
Sign On to the Iraq Moratorium


June 18, 2007

John Ross
The Annexation of Mexico

Paul Craig Roberts
The Reign of the Tyrants is at Hand

Martha Rosenberg
Let Cheney at Him: Richardson the Oryx Hunter

Norman Solomon
War at the Remote

Don Santina
Memo to the Queen: Bobby Sands Died for Your Sins

Isabella Kenfield
Landless Rural Workers Confront Lula

James Brooks
America's Guilty Silence

Eva Liddell
Planning to Lose: Democratic Stratagems

Sam Husseini
Clinton Health Care Scam Revisited

Akiva Eldar
Ariel Sharon's Dream

Website of the Day
Frank Zappa: the Cop Interview

 


June 16 / 17, 2007

Alexander Cockburn
The Psychopathology of Shrinks

John Halle
Finkelstein and "The Progressive"

Robert Fisk
Welcome to "Palestine"

Andy Worthington
Return to Torture?

Uri Avnery
The Gaza Cage

Fred Gardner
Paris Hilton's Punishment: a False Parable

Saul Landau
Our Gang of Thugs: The 1970s as a Context for Terrorist Violence

P. Sainath
Heaven Can Wait: Creditors and the Widows of Vidharbha

Missy Comley Beattie
Calling Evil Its Name

Alan Gregory
When ADM Comes to Town: Killer Tax Breaks for Wildlife Destruction

Walter Brasch
Bush and the Philosophy of Swiss Cheese

Website of the Weekend
Obama Girl

 

June 15, 2007

Alan Farago
View from the Construction Crane: Sex, Taxes and Real Estate Scams in Miami

Andy Worthington
The Ordeal of Ali al--Marri

Michael Simmons
Terrorizing Artists in the USA

Franklin Lamb
Blowback Across Lebanon: The Failed Sunni Army Solution

Gary Leupp
The Day After We Attack Iran

John Ross
Ballot Burning Time in Ol' Mexico

Website of the Day
The American Rationalist

 

June 14, 2007

Michael Donnelly
Charred SUVs and the End of Citizen Eco--Activism

Faisal Kutty
Scare Canada: The No--Fly List's False Sense of Security

Harry Browne
Ireland's Green Party Sells Out

Charles Jonkel
From the Arctic to Yellowstone: Bears in a World of Indifference

Steven Higgs
Murder in a Small Town: "Gay Panic" in Indiana?

Bruce Dixon
Black Power Through Low Power Radio

Bruce K. Gagnon
What Do We Do Now? A 10--Step Plan for Antiwar Activists

Website of the Day
Finkelgate

June 13, 2007

Glen Ford
Obama's Siren Song

Marjorie Cohn
Repression in Oaxaca

Bill Christison
A Grave Injustice at DePaul University

Charles Jonkel
Bears in a World of Indifference

Silvia Cattori
"I Was Not Prepared for the Horrors I Saw": an Interview with Hedy Epstein

Richard Gott
Racism and TV in Venezuela

Firmin DeBrabander
How the Neocons Misread Machiavelli

William S. Lind
The Perfect (Sine) Wave: Bombing Railroad Stations in Iraq

Keith Rosenthal
Workers Score a Victory at Harvard

Website of the Day
GOP and Monty Python Explain: "Enhanced Interrogation Techniques"

June 12, 2007

Jeffrey St. Clair
How to Sell a War

Paul Craig Roberts
The Neocon Threat to American Freedom

P. Sainath
India's Plutocrats and the Press

Ralph Nader
The Biggest Scam in the World

Omar Waraich
A Black Day for Pakistan's Press

Dave Lindorff
Things Your Media Momma Didn't Tell You

Harvey Wasserman
Confessions of an Anti-Nuke Jerk

Malini Johar Schueller
It Takes a Bomb

Ramzy Baroud
War Foretold: Mark Twain and the Sins of Empire

Website of the Day
Palestinian Chronicle Needs Our Help!

 

June 11, 2007

Patrick Cockburn
The War on Journalists

Paul Craig Roberts
Losing the Economy to Mythology

Uri Avnery
40 Bad Years: the Rot of Occupation

Norman Solomon
The Silence of the Bombs

Eva Liddell
Paris Hilton Doesn't Do Dishes: How Barbie Stood Up to Allen Ginsberg

Rannie Amiri
Groundhog Day in Pakistan

Rachel Voss
Poetry and Politics in Nassau County

Christopher Brauchli
A Wild West Tale, Starring Rev. Dobson and Bill O'Reilly

D. K. Wilson
Untangling Michael Vick from the Dogs

Website of the Day
Paris, Mixed Up


June 9 / 10, 2007

Alexander Cockburn
Dissidents Against Dogma

George Ciccariello-Maher
Behind Venezuela's "Student Rebellion": Who's Pulling the Strings?

Saul Landau
An Interview with Ricardo Alarcon, Vice President of Cuba

Robert Fisk
Believe It or Not in the Middle East

Brian Cloughley
Troop Support: Deceptions and Insipid Sentiments

Ron Jacobs
Condoleezza Rice Names the System

Ward Boston
Searching for the Truth About the USS Liberty

Conn Hallinan
Dark Plots in Byzantine Beirut

Leonard Peltier
The Ongoing War on Native American Religious Practices

Lawrence Davidson
Israel's New Anti-Boycott Task Force

John Ross
Mass Nude-In Complicates Church-State Scuffling in Mexico

Kate Allan
Some People Think the Internet is a Bad Thing

Fred Gardner
Ignorance Marches On

Stephen Fleischman
Little Boy, Fat Man and Iran

Monica Benderman
Reading Tom Paine in a Time of Crisis

Geoff Bailey
A Real Oil Conspiracy: Gouged at the Pump

Missy Beattie
Faith and War

Patrick Dyer
A Democrat Revs Up Ohio's Death Machine

Tim Lengerich
Dispelling the Cowboy Myth: an Interview with George Wuerthner

James Irani
and David Rahni

Perspectives on the Arrests of Iran-Americans in Tehran

Gary Leupp
The Unfair Treatment of Paris Hilton

Michael Tillery
The Heart of a Sportswriter: an Interview with David Aldridge

Michael Simmons
Beating Off the Squares: the Hipness of Anton Rosenberg

Poets' Basement
Laymon, Davies and Ford

Website of the Weekend
This is Sea Shepherd!

 

June 8, 2007

Serge Halimi
What Sarkozy Learned About Politics from the US

Patrick Cockburn
The Turkish Incursion

Jeffrey St. Clair
Israel's Attack on the USS Liberty, Revisited

 

Paul Craig Roberts
The Secret War

William Blum
What If NBC Cheered on a Military Coup Against Bush?

Joshua Frank
Swing-State Strategy: Looking for a Spoiler

Lance Selfa
How the Six Day War Changed the Middle East

Dave Lindorff
A "Criminal Conspiracy" in the White House

Lawrence Ferlinghetti
The Summer of Love: Flashbacks of a Human Be-In

Website of the Day
Robert Pollin: "Making the Federal Minimum Wage a Living Wage"


June 7, 2007

Marjorie Cohn
The Prison is the War Crime

Soldz, Reisner and Olson:
A Q & A on Psychologists and Torture

Soldz, Reisner
and Olson, et al:
An Open Letter to Sharon Brehm, President of the American Psychological Association

Paul Craig Roberts
Losing Iraq, Nuking Iran

Bill Quigley
"How Long Must We Support a Mistake?"

Silvia Cattori
Sailing to Gaza

Carl G. Estabrook
What the June Bug Is: Politics in the Dismal Season

Ellen Taylor
Free the Tweakers!: The Good News About Meth

Corporate Crime Reporter
BAE Systems, Prince Bandar and the $2 Billion Account at the Riggs Bank

Brenda Norrell
Torture Training at Ft. Huachuca: Two Priests Face Prison for Exposing Torture in Arizona

D. K. Wilson
What Gary Sheffield Really Said

Kevin Zeese
Iraq Occupation Coming to a Head Over Oil

Website of the Day
How the Press Expired


June 6, 2007

Alain Gresh
Countdown to War on Iran

Gary Leupp
Poddy's Crazy Prayer: Bomb Iran, For Israel and America!

Steven Sherman
The Perils of Humanitarian Intervention

Bruce Dixon
Is Bill Gates Trying to Hijack Africa's Food Supply?

Corporate Crime Reporter
The Professor and the Nukes

Brian M. Downing
The Iraq War and Presidential Politics

Ron Jacobs
Luv n' Hate: a Different Take on the Summer of Love

George Bisharat
The Mirage of the Two State Solution

Nicole Colson
Over to You, Dante: Falwell's Ministry of Hate

Bruce K. Gagnon
From Italy to Guam: A Global Peace Movement is Taking Shape

Website of the Day
How the Democrats Should Treat Bush

 

June 5, 2007

Michael Neumann
Canada in Afghanistan

Jonathan Cook
The Shin Bet and the Persecution of Azmi Bishara

David Vest
The Democrats' War

Robert Fantina
America's Cuba Policy

Hoffman, Parsneau and Chowdhury
CounterTerrorism as International Healthcare

John V. Walsh
Shaming the Official Antiwar Movement

Richard Cretan
Yellow Dog: The Strange Love of Martin Amis and Tony Blair

Adam Engel
Days of Dread: an American Tale

William S. Lind
The News from Anbar: Has Al Qaeda Over-Reached?

Myles Hoenig
Free the Oaks! Cut Down Those Yellow Ribbons!

Jim Minick
Lead-Foot Nation

Website of the Day
Punk Rock Soap Opera


June 4, 2007

Nizar Latif
An Interview with Moqtada al-Sadr

Diana Johnstone
Sarko and the Ghosts of May, 1968

Gregory Wilpert
RCTV and Freedom of Speech in Venezuela

Paul Watson
The Anchorage Whale Killing Bureaucrats Summit

Susan Rosenthal, MD
How Cindy Sheehan Unmasked the Democrats

Richard Ward
The Right of Return to New Orleans

Eva Liddell
Don't Support the Troops

Zahi Khouri
Four Decades of Occupation

Evelyn Pringle
The FDA, GlaxoSmithKline and the Avandia Disaster

China Hand
About Those North Korean Benjamin Franklins ...

Karyn Strickler
George W. Bush: a "Ficeist" Leader

Website of the Day
The Guantanamo Files

 

June 2 / 3, 2007

Alexander Cockburn
The Last of the Texas Outsiders

Marc Levy
Iraq Dead Ahead: a Brief Military History and Civilian Guide to Arlington National Cemetery

Martin Smith
Camilo Mejía's War: From Foot Soldier for Empire to Rebel for Peace

Diana Johnstone
Great Power Meddling in Kosovo

John Ross
The Oaxaca Volcano Stews

Uri Avnery
On Generals and Admirals

Sunsara Taylor
This is Not a Story About Cindy Sheehan

Richard Neville
Were the Hippies Right?

P. Sainath
The Farm Crisis and 100,000 Indian Widows

Missy Comley Beattie
Let's Roar

Nisrine Abiad
and Victor Kattan
The Hariri Tribunal: a Fait Accompli?

Rannie Amiri
Lebanon, Bush and the Three Stooges

Margot Pepper
Deconstructing "Return to Sender"

Eric Stewart
Censorship and Cop Brutality in the New Bison Wars

Ralph Nader
The Halberstam Camp

Dan Bacher
A Victory for the Fish

Shaun Harkin
and Sandy Boyer
Irish War Protesters on Trial

Richard Rhames
Selling Five Acres in Crawford

Frederick Hudson
The Rediscovery of Ella Fitzgerald

Poets' Basement
Lindorff, Landau and Buknatski

Website of the Weekend
Gimme Shelter


June 1, 2007

Dave Marsh
The FBI and the Godfather (of Soul): James Brown's FBI Files

Saul Landau
Return to Cuba: 47 Years Later in Havana

David Phinney
How the Baghdad Embassy Was Built: Forced Labor and Worker Abuse

Robert Jensen
The Bigot and the Boycott

Stanley Heller
Arrest Robert McNamara

Yifat Susskind
Indigenous Women Fight Back

Robert Weissman
Corporate Power Since 1980

Paul Buchheit
Africa and Its Discontents

William S. Lind
The Folly of Maximalist Objectives

Sherwood Ross
78,000 Iraqis Have Been Killed by Coalition Airstrikes

Stephen Lendman
Terrorism Defined

Website of the Day
Desert Autonomous Zone


May 31, 2007

Robert Bryce
The Language Barrier

Patrick Cockburn
Killing with Impunity: Iraq's Militias Under the Surge

Gary Leupp
Appropriate Disillusionment: the Despair of Cindy Sheehan and Andrew Bacevich

Kathy Kelly
Being Hope

Marjorie Cohn
The Unitary King George

Chris Kutalik
and Tiffany Ten Eyck

Fallout from the Sale of Chrysler: Jobs, Health Care, Pensions, All in Jeopardy

Corporate Crime Reporter
Zheng Xiaoyu Meet Lester Crawford

Dave Lindorff
Our Monica: a Hero of the Constitution

Website of the Day
Know Your Rights!

 

May 30, 2007

James Ridgeway
The Bi-Partisan Con on Synthetic Fuels

Franklin Lamb
Lebanon and the Planned US Airbase at Kaleiaat

Terrence E. Paupp
Withdrawal Symptoms

Uri Avnery
To the Shores of Tripoli

Alan Maass
and Jeffrey St. Clair
The Green Masquerade: Corporate America's Latest Counter-Attack

Rock and Rap Confidential
Watching the Detectives: the Political Censorship of Hip Hop

Ralph Nader
Taming the Giant Corporation

Nirmal Ghosh
China, CITES and the Fate of the Tiger

Jean Daniels
Dealing Democrats: Folding to Mr. 28%

Tom Barry
Meet Robert Zoellick: Bush's Pick to Head World Bank

Website of the Day
Petuuche Gilbert on the Rights of Indigenous People


May 29, 2007

Stephen Soldz
Shrinks and the SERE Technique at Guantanamo

Eliza Ernshire
Refugees Forever: Inside Bedawi Camp

Ron Jacobs
The Exit of Cindy Sheehan

Dave Lindorff
Whatever Happened to Signing Statements?

Evelyn Pringle
What Qualifies Bush to Lead Iraq War

Mike Whitney
Bush's New Middle East

David Swanson
How We Got Here: The Democrats and the Antiwar Movement

John Holt
Gating Montana, Part Two: the Feedback Loop

Cynthia McKinney
Dreaming of a True Memorial Day

Martha Rosenberg
Mad Cows, Mad Pigs and the Horse Slaughter Lobby

Website of the Day
The Ruminant


May 28, 2007

Bill Quigley
Katrina Activists: "Less Meeting, More Fighting"

Col. Dan Smith
The Paranoid and the Dead

Cindy Sheehan
Why I Am Leaving the Democratic Party

Dr. Susan Block
Dr. Laura's Little Monster

Jeeni Criscenzo
What I Learned About Being a Dickhead

Douglas Valentine
Memorial Day: a Poem

Website of the Day
Peace TV

 

 

Subscribe Online

June 25, 2007

And to Its Fabled Economy

Goodbye to the City on the Hill

By PAUL CRAIG ROBERTS

"We shall be as a city upon a hill. The eyes of all people are upon us."

--John Winthrop

America is being destroyed. Many Americans are unaware, others are indifferent, and some intend it.

The destruction is across the board: the political and constitutional system, the economy, social institutions including the family itself, citizenship, and the character and morality of the American people.

Those who rely on the Internet for information are aware that the Bush regime has successfully assaulted the separation of powers and civil liberty. Both Bush and Cheney claim that they are not bound by laws that impinge on their freedom of action or that interfere with their ideas of the power of their offices. Bush has issued presidential directives that permit him to make himself a dictator by declaring a national emergency. Cheney asserts that his handling of secret documents is not subject to oversight or investigation or bound by a presidential order governing the protection of classified information.

The foundation of social organization--marriage, family, and parental control over children--is disintegrating.

Mass unassimilated and illegal immigration has destroyed the meaning of American citizenship and forced large numbers of Americans into unemployment. For example, Steve Camarota at the Center for Immigration Studies reported on June 20 that state employment data show that in the first six years of the 21st century 218,000 high school graduates in the state of Georgia have been employment-displaced by immigrants. Moreover, wages have stagnated, putting the lie to the claim that there is a shortage of workers. If there were a labor shortage, wages would be bid up and rising.

Many Americans are unconcerned that the US government in behalf of an undeclared agenda has invaded two countries, killed hundreds of thousands of foreign civilians, produced 4 million Iraqi refugees, rejected the Geneva Conventions and reverted to medieval torture dungeons. It does not trouble them that their government blocked ceasefires and UN resolutions so that Israel could bomb and murder Lebanese civilians and destroy the country's infrastructure.

Americans, whose ethical behavior toward others was once reinforced by having to look oneself in the mirror, now have a different ethos.
Many cannot look themselves in the mirror unless they have pulled a fast one and advanced themselves at someone else's expense. It is not only crooked prosecutors, such as Michael Nifong, who get their jollies from destroying their fellow citizens.

A google search will call up enough information to make the case for these points many times over. However, the destruction of the US economy, though far advanced, is still largely unknown. It is to this subject that we turn.

For a number of years Charles McMillion of MBG Information Services and I have documented from BLS nonfarm payroll jobs data that the US economy in the 21st century no longer creates net new jobs in tradable goods and services. In the 21st century, job growth in "the world's only superpower" has a definite third world flavor. US job growth has been limited to domestic services that cannot be moved offshore, such as waitresses and bartenders and health and social services.

These are not jobs that comprise ladders of upward mobility. Income inequality is worsening, and education is no longer the answer.

The problem is that middle class jobs, both in manufacturing and in professional occupations such as engineering, are being offshored as corporations replace their American workforces with foreigners. I have called jobs offshoring "virtual immigration."

The latest bombshell is that even those professional jobs that remain located in America are not safe. There is a vast industry of immigration law firms that enable American corporations to replace their American workers with foreigners brought in on work visas.

For years Americans have been told that work visas are only issued in cases where there are no Americans with the necessary skills to fill the jobs. Americans have been reassured that safeguards are in place to prevent US companies from using the work visas to replace their American employees with foreigners paid below the prevailing US wage. Now, thanks to a video placed on "YouTube" by a US law firm, Cohen & Grigsby, marketing its services, we now know that it is easy for US companies to legally evade the "safeguards" and to replace their American employees with lower paid foreigners.

The video shows Lawrence Lebowitz, Vice President for Marketing for the law firm of Cohen & Grigsby, together with a panel of the law firm's attorneys, explaining to an audience of employers how to use loopholes in the laws governing the work visas to hire foreign workers in place of Americans. Lebowitz says, "our goal is clearly, not to find a qualified and interested US worker."

Cohen & Grigsby's legal experts describe the strategy for ensuring that no American firm has to hire an American. The advertising requirements can be met by advertising the job in obscure or ethnic newspapers in locations where there are no likely job candidates. If a qualified American candidate turns up, "have the manager of that specific position step in and . . . go through the whole process to find a legal basis to disqualify them for this position--in most cases there doesn't seem to be a problem."

The "prevailing wage" requirement is evaded, for example, by making the offered salary and raises contingent on receipt of the green card, usually 3 or 4 years away, or by disguising the job by understating the job requirements. For example, a job requiring an advanced degree can be listed as requiring a bachelor's degree, but filled with a foreigner with a higher degree. As the higher degree is not listed as a job requirement, the employer is able to secure the foreign employee below the prevailing wage.

University of California computer science professor Norman Matloff has an excellent presentation available at his online site about the lack of impediments to the ability of US firms to replace their American employees with foreigners. Matloff says to keep in mind that Cohen & Grigsby "is NOT a rogue law firm." The advice provided by Cohen & Grigsby is the standard advice given by the hoards of immigration attorneys who are personally cleaning up by putting Americans out of work.

Except for Lou Dobbs on CNN, the US TV and print media have so far ignored the astounding story. Where are the headlines: "US Jobs: No American Need Apply"?

Chances are high that economists will ignore the story also.
Economists have made fools of themselves with their hyped claims that jobs offshoring is a great benefit to America and that any attempt to stop it would bring hardship, failed companies, and lost American jobs. When a profession gets egg all over its face, it closes ranks and goes into denial.

Unlike the post-depression generation of US economists, recent generations of economists have been indoctrinated with confidence in business. They believe that business knows best and that the free market will prevent or correct any mistakes. Many economists today are well paid shills for special interests. Others, simply careless, have assumed that statistical measures of high rates of US productivity and GDP growth were indications of the benefits that offshoring was bringing to Americans.

Only a few economists, such as myself and Charles McMillion, noticed the inconsistency between alleged high rates of productivity and GDP growth on one hand and stagnant real median incomes and rising income inequality on the other. Somehow the US economy was having GDP and productivity growth that was not showing up in growth in the incomes of Americans.

Thanks to economist Susan N. Houseman and the March 22 issue of Business Week, we now know, as I reported in the print edition of CounterPunch (June 1-15, 2007) and on online at vdare.com, that much of the growth in US productivity and GDP was an illusion created by statistics that mistakenly attributed productivity gains achieved abroad to the US economy.

With the ladders of upward mobility for Americans dismantled by offshoring and work visas, with the very real problems in mortgage and housing markets, with the very real stress put on the US dollar's reserve currency role by Bush's trillion dollar war that is financed by foreigners, with the downward revisions in US GDP and productivity growth that are now mandatory, and with a variety of other problems that I haven't the space to deal with, the fabled US economy is a thing of the past.

Just like America's prestige. Just like the world's goodwill toward America. Just like American liberty.

The eyes of all peoples are still upon us, only for different reasons. Whom will we attack next? When will we be bankrupt? What good is the American consumer market when the mass of the people are employed in third world jobs? How much longer will those trillions of dollars held by foreign governments be worth anything? How long before Americans will be knocking on European doors claiming political asylum.

Paul Craig Roberts was Assistant Secretary of the Treasury in the Reagan administration. He was Associate Editor of the Wall Street Journal editorial page and Contributing Editor of National Review. He is coauthor of The Tyranny of Good Intentions.He can be reached at: PaulCraigRoberts@yahoo.com

 

 

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