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The Emerging Third World US

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Francis Ferguson
With the falling dollar, rising import prices and declining wages and salaries for American workers, the US is headed for a radically different lifestyle. Until US wages fall far enough to make us competitive with workers in developing nations, our decline will continue. Globalization let this evil genie out of it's bottle, and it's not clear that anything can force it back.

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Francis Ferguson Social Media Pages: Facebook page url on login Profile not filled in       Twitter page url on login Profile not filled in       Linkedin page url on login Profile not filled in       Instagram page url on login Profile not filled in

I am a PhD economist who has taught at UW Madison, Ripon College, Victoria Univ. of Wellington NZ, Whitman College and the Univ. of the Americas in Cholula MX. I worked, as well, as an energy economist in the natural gas business for many years. (more...)
 
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