Session 5 - Povery - Global Context

I have learned that globalization can be good and bad for the United States.  Allowing import and export between the United States and various countries opens the doors to a  free market with consequences. A cheap labor work force and more people living in poverty.  Corporations begin to reap  the benefit of saving money by sending jobs overseas for lower wages and laying off people here in the United States.  Global Technology increases efficiency in the work place, but also puts people on the unemployment line.  We must not forget that for every job eliminated, the U.S. tax base decreases.  More people are placed into poverty with the loss of jobs and the people living in poverty are not provided with some of the basic necessities when the Governments tax base decreases.  I feel that the Government and Private Corporations need to invest more money into creating good paying jobs.  Increasing the minimum wage could also help to keep people from living in poverty.