Obama finalizing plans to have your tech job replaced by foreigners

[pampango]

147. Equalizing salaries across the globe (more equality) would be a good thing. Lowering them would not.

I don't think there are many liberals who support LESS equality in global salaries. (That sounds like a republican/conservative goal.) We want our standard of living to improve even if poorer countries improve faster and eventually catch up with us.

Most of the income gains in the past 25 years have gone to the bottom 70% and the top 5% on the global income scale. Those who have suffered have been the bottom 5% and the 80-90 percentile in income.

There should be a way to reign in the top 5% with their exponential increase in income and redistribute it to the bottom 5% and the 80-90% people. (The folks in the 10%-70% range have had even greater percentage increases in their income than the top 5% has had.) We should be able to do this without jeopardizing the progress made by the lowest 2/3 of the world's population.

The key to help the American middle class while those of poorer countries rise. It can be done as evidenced by many progressive countries with progressive taxes, good safety net, strong unions and effective regulation. These countries have much stronger middle classes than we do. It takes smart legislation on taxes, union, regulation and the safety net. Without such legislation (and we are nowhere near passing anything of the sort), our middle class will continue to suffer.