Our Federal Reserve Chairman commented:
Quote:Quote:
"The natural reaction of those so affected is to resist change, for example, by seeking the passage of protectionist measures," Bernanke said. "The challenge for policymakers is to ensure that the benefits of global economic integration are sufficiently widely shared ?- for example, by helping displaced workers get the necessary training to take advantage of new opportunities," he said.
I don't hold someones personal wealth against them..but goddamnit do I hate it when someone who is so wealthy and financially secure starts telling me what is good for me.
I can see the benefits (long term) of global trade.. companies have billions of potential customers compared to a few hundred million.. but it is a painful process getting there. Do these freakin filthy millionaires understand that these new opportunities aren't accessable to everyone?
There are some people who don't have the mental capacity to participate in an all technology/information economy. That isn't a put down but a fact of life. WTF are these people supposed to do? If the formerly good paying production jobs these people used to have are all sent out of the country...WTF are they going to retrain for? We can't all be doctors, stockbrokers and rocket scientists...
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