Ann Pettifor: Blaming the Victims: Heroic American Consumers: "Decision-makers in government and at the Fed, seduced by their economic theories -- decided that it would be better and more profitable if Americans stopped producing and making things. They argued that there was no harm in the United States relocating 4.5 million jobs abroad -- mainly to China -- between 2001 and 2009. US workers could switch to service jobs such as hairdressing, retail and real estate -- with long working hours."
(Via Huffington Blog.)
