Andrew, I've been saying this for several years now ... the sad thing is, most people just laugh at you or in my case, give me a lecture, because I work for Ford and am a CAW member!
Even our governments, they can give tons of money away to the financial sector, (which by the way, had their hand in WTO, GATT & NAFTA) without even flinching, no strings attached, but when it came to bail out the auto industry, well, the CEO's are making too much money, look at the employee's, they're making $75.00 an hr (wish I was?), heavens, they even have a pension plan we'll have to do something about that, etc., etc... There's an old saying, those in glass houses shouldn't cast stones!
Governments keep telling us, our manufacturing sector has to be more competitive, ask yourself, how can we compete with the likes of labor costs in China, India, etc... where next, Haiti, Cuba, Somalia, Iraq, Afghanistan???
I remember the day when the US & Canada had the Autopact. It worked well for both country's, kind of like fair trade, everyone was happy! Our work forces mirror'd one another too as far as hourly pay, holidays, vacations, etc., etc... Then one day the WTO said we can't have the Autopact anymore?
Who are these people in WTO anyhow??? No-one even votes for them, talk about democracy? Next theng we know we are inundated with Nissan, Honda & Toyota and try to sell back to these countries. Japan kept their dollar artifically low for years, just to keep the trade balance in their favor, just like China is doing now!
I watched a show on TV the other night, it was called Chimerica, or something like that? It was scarry!
Anyway, I'm sorry to have carried on so, I need to step back from this topic as I'm too tied up in it to begin with, but you know, it doesn't take a rocket scientist to figure out, if all our manufacturing jobs leave and go to the lowest bidder (in a matter of speaking), Mexico, Japan, Korea, & now China, India, because of cheap wages, and when we're all out of work over here, who's going to buy these products??? I think they're starting to figure that one out now, what do you think???
And if we loose our manufacturing base, and God forbid, if we ever end up in another World War, where are we going to build the tanks, ships, aircraft, ammuniton, etc., that once was built by Ford, GM & Chrysler???