Most Helpful Customer Reviews
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146 of 160 people found the following review helpful:
5.0 out of 5 stars
Very well written, October 11, 2006
An insightful look at the divergence of interests between those that run the country, not just the elected officials but business leaders and special interest groups as well, and the rest of us who live in it. This book is very well researched, elegantly written, relatively objective, and rather deep. It addresses concerns such as trade policy (e.g., NAFTA, GATT, outsourcing), national security (e.g., illigal immigration, border security), social issues (e.g., gay marriage, abortion rights), and a whole lot more. Whether you agree with what's written or not, it really makes you think... The only down side is that it does a bit better job of explaining how we got here than it does on how to "fix" the problem. Since there are no easy answers I'm willing to give it a five star rating anyway.
I never thought I'd say this about any book, but everyone really should read this one. It covers important stuff that affects each and every one of us directly and indirectly. It will give you a lot to think about and a few things to take action on at the voting booth and elsewhere. You can vote with your money, your time, and your actions as well as your ballot.
Although the author has a conservative bias, by no means does he come across as a "party line" hack. In fact he points out the foibles of both major partys rather even-handedly.
Very well done Mr. Dobbs! I'm impressed.
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19 of 20 people found the following review helpful:
5.0 out of 5 stars
Excellent...A Voice for Those Lost in the Middle, December 3, 2006
I just finished it. Great book.
For a long period of time I have been a bit depressed over politics in general. Both parties have been seemingly captured by zealots. The far left continues to advocate virtually any idea the pushes the moral envelope, or has the potential to showcase their "humanity" at tax payer expense. The far right has a basic economic philosophy of rationalized greed and Social Darwinism.
To a large degree left without a political party is the middle class. People like me who are married with kids in school, a college graduate, with bills and commitments everywhere. We are just trying to make sure we have a job at a livable wage, all the bills are paid, and perhaps we even have a few of beers left in the fridge at the end of the month. Lou Dobbs speaks to me.
His ideas on immigration and trade are dead on. Our basic economic self-interest has been ignored by politicians in favor of grand and ultimately failed intellectual experiments. Illegal immigration devalues manual labor, as does any trade agreement that fosters off shoring of jobs. As Lou put so well illegal immigration is the other side of the same coin as trade agreements such as NAFTA. Simply put businesses and employers who want to do business in a middle class society like America, but do not want to pay a middle class wage. Instead they search for cheap labor then move jobs there. Or in the case of illegal immigration allow the cheap labor to come to them. The bottom line with all of these kinds of policies is more misery in the form of higher taxes, (or increased debt for our kids), and stagnant wages. This for those who play by the rules and try to do the right thing everyday. Nice.
The end of the book was perhaps the most thought provoking and uplifting. After sharing his thoughts on reform, he includes a copy of the United States Constitution. Reading it reminded me that generations have come and gone, and with each the social problems of the day have been overcome. As Americans I think we are all are still up to the tasks at hand.
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21 of 24 people found the following review helpful:
5.0 out of 5 stars
We're Losing!, October 27, 2006
Dobbs begins by pointing out that America has become a society owned by corporations, and its political system is dominated by corporate and special interests. There is no countervailing influence - labor unions are nearing extinction, the media takes the easy way out (equal time to both sides) and doesn't investigate, universities are dependent on the federal government, corporations, and the wealthy, and churches tend to expand their political energy on issues like gay marriage. The middle class is being beaten down by illegal immigration, inability to pay for health care, declining availability of pensions, outsourcing and corporate bankruptcies, an increasing share of taxes, and rising income inequality and federal deficits.
Corporate income taxes made up 1/3 of federal revenues 50 years ago - now it is only 1/8. Washington D.C. has over 34,000 lobbyists. Foreign countries and major corporations take large stock positions in media companies to influence reporting. Nearly 50% of personal bankruptcies are the result of illness; a majority of filers had health insurance. Meanwhile, Congress runs up huge deficits and tries to repeal the estate tax, and business creates numerous new lobbying groups cloaked in deceitful language and nomenclature.
Trade agreements now incorporate large amounts of international law - violations (eg. "buy American," limits on urban sprawl opposed by foreign investors) would be taken to international court.
Corporate taxes are at the lowest level in about 100 years, profits account for the largest share of national income in 40 years, and the share going to workers is at its lowest level in 40 years. We were told that jobs in manufacturing would be replaced by better ones in technology - now white-collar jobs are being outsourced, with technology leading the way.
The top seven jobs forecasted as having increased demand in the next decade don't even require a college degree.
Northwest Airlines received $250 billion in taxpayer aid to bail it out of 9/11 problems, then offshored maintenance, hired 800 foreign flight attendants to replace Americans on international flights, cut everyone's pay, and bought Airbus planes.
The average manufacturing wage in the U.S. is $16.68, vs. $0.57 in China; in addition, there are also benefit and environment savings. The Federation for American Immigration Reform estimates the direct net cost of illegals at about $45 billion/year. The National Academy of Sciences found over 40% of wage losses incurred by low-skilled workers is due to illegals; another study in the 1990's found over 700,000 low-skill workers were jobless because of illegals. Opponents claim it is too difficult to verify legality; (Arizona's governor has required that be done each month for all state employees, and reports "no problems.")
Dobbs then goes on to report that our success is also hampered by a high rate of high-school drop-outs (about 1/3, often misstated by educators as something less), and a large proportion of education spending goes to overhead. (Dobbs overstates the potential impact of improved education, given the 29X greater costs of American labor vs. China.)
Two of Dobbs' suggested remedies - initiatives (eg. Arizona's requiring an ID to prove citizenship prior to receiving public services) and terminating the President's fast-track trade authority. I would suggest two others 1)Repealing NAFTA would achieve two important benefits - reduce our trade deficit and the incentive for illegal immigration caused by NAFTA's allowing subsidized American farm products into Mexico. 2)Requiring verification of citizenship as a condition for employment, as Arizona state government is now doing.
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