As a report that came out two days ago shows, globalism is working just as it was meant to – achieving the destruction of first-world economies and their reduction to a third-world level through the outsourcing of jobs and the importation of cheap foreign labor and goods. The end result is a rapidly falling standard of living in America and a disappearing middle class.
To achieve economic security, a single parent with two children needs an income of just over $30,000 a year–nearly twice the federal minimum wage–while a two-income household needs almost $68,000.
The study then finds that, according to Labor Department projections, fewer than 13 percent of jobs to be created by 2018 will meet the economic security threshold for a single parent with two kids. Forty-three percent of those jobs will meet the threshold for a two-income household.
In other words, most of the jobs of the future aren’t likely to pay enough to offer the kind of stable, middle-class existence that for much of the 20th century was seen as the American birthright.
Americans discarded the tried and true “America First” mentality for utopian globalism, and the end result will be a third-world America for their children and grandchildren.
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