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John Kenneth Galbraith: A Great American

Today the greed of CEOs and short-term shareholders is destroying the American middle class. Why pay an American to do a job that can be outsourced to a foreigner for far less cost or performed by a foreigner brought in on a H-1B or L-l visa. American organizations and their public relations operatives spread disinformation that there are shortages of engineers, nurses, schoolteachers, and so on in America, and that the need has to be met by bringing in foreigners at less pay. Offshoring of jobs and manufacturing are said to benefit Americans with lower prices, thus making them richer even as they lose their professional and middle class jobs. Download entire perspective by Paul Craig Roberts, in PDF format.

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