Reply #20: Bush made a speech not long ago...

[FatDave]

...where he talked about the new booming middle class in India, and how they were developing a taste for Domino's and Pizza Hut. His point was that it was good for America because we'd be able to sell more pizzas.

Of course, it doesn't take an economist to realize that selling pizzas in India doesn't do shit for American workers. It'll do pretty good for the corporations though.

And that's the point Daphne08 made above. American corporations don't need an American middle class to sell to. Their products are sold all over the world. As long as India and China can afford pizzas and tennis shoes, the corporations will do just fine. They view consumers as a natural resource. Once this country's consumers are drained of their money, they'll just move on to the next country.