re: #296 Expand Your Ground

Supply-side capitalism is based on the notion that lowering taxes and regulations on business will encourage them to invest in jobs that benefit everyone.

That might have worked back in the days of national economies, but now that capital is much more free to follow the path of highest short-term returns, then those jobs are going to go to the countires with the cheapest labor and weakest regulations.

And all we get are minimum-wage jobs at the Wal-Mart selling cheap imported goods made overseas by US companies.

Manufacture low, sell high. It’s not just Walmart either. You can include Apple, ASUS, Cadillac, etc.