Originally Posted by Jordo!

This is why completely unrestrained capitalism (essentially, the path the US has been on up through the Great Depression, and then again after about 1979 onward) is a bad thing for the vast majority of the people.

Jobs are only coming back to the US because it's recently become cheaper to employ US citizens than workers in offshore sweatshops -- that's nothing to celebrate.

Close relevant tax loopholes and introduce penalties for moving jobs offshore (but good luck seeing such legislature pass...)

The result is the current economy where there is vast wealth in the hands of a very, very small group, a completely obliterated middle class, and (hilariously) jobs coming back to the US 'cause its cheaper.

In short: Further cost cutting isn't the solution and never was.

The invisible hand is not invisible, a force of nature, nor even a hand; it's a well developed, highly controlled, rapaciously grasping razor sharp claw. Organized workers (and citizens who understand this) reflect the only force historically capable of blunting it.