A Paul Craig Roberts LamentSubmitted by wauhoo on Thu, 08/12/2010 - 12:19
Found this quote in his latest opine in OpEd News and found it thought provoking:
"None of us in the Reagan administration foresaw jobs offshoring as the consequence of the Soviet collapse. We had no idea that, by bringing down the Soviet Union, we would be bringing down America. During the Reagan years India was socialist and would not allow foreign corporations, had they been interested, to touch their labor force. China was communist and no foreign capital could enter the country.
However, once the Soviet Union was gone from the earth, the remaining socialist and communist regimes decided to go with the winners. They opened to Western corporations and sucked jobs out of the developed West."
Always, always, always unforeseen and unintended consequences.