General Discussion
In reply to the discussion: My kid's generation doesn't really have a shred of hope, does it? [View all]Baobab
(4,667 posts)Hillary wants to globalize services- 70% of all jobs, so wages in many fields will fall to world average levels and Americans may find it harder to support themselves lacking jobs. however business will get more profitable, and corporations from official developing countries will get special carve outs and affirmative action.
What is your kids level of education? Are you wealthy?
Statistically, these are important.
Also, if they have degrees, what is their degree in? If they have an MS or better, in a technical field like engineering or a PhD in the sciences, and have published unique work, that's good.
If they are defense contractor or a stockholder in military industrial complex, they might see gains under HRC.
If they are just starting out or if you don't have a lot of money to educate them through to a advanced degree, they might do better in Europe.
Its clear that if Hillary or real estate developer Trump wins, the US is likely to go into a rent extraction phase where the middle class will be under attack by means of trade deals that put corporations everywhere in the world on the same level playing field. They will get new legal rights to sue the taxpayers to force changes in laws, for example, getting rid of domestic regulations seen as trade barriers.
For example, the parts of the ACA that people like will be framed as a market access barrier or trade barrier and may have the effect of keeping out foreign insurers and foreign hospital chains and doctors and their employees. Which is banned.
Make no mistake about it, Hillary will bring in foreign firms and workers triggering jurisdiction, its already a done deal going back decades, and once that happens things like guaranteed issue, being as they were after 1998, will be struck down ACA is definitely new regulation after 1998, so it violates standstill and likely would be framed as a trade barrier and like Glass-Steagall was, it would be repealed.
Same thing in other service sectors like education.