What does Obama stand for .
• JOBS — Obama promises “more jobs,” ending outsourcing of jobs overseas. But Obama cannot defy the laws of capitalism. They dictate that capitalists must drive for higher profits to survive and therefore seek out the lowest wage markets, whether they be in China, Mexico or Latin America, as the Japanese and European automakers do in seeking lower wages in the U.S. • WAGES — Obama promises help for “hard-working Americans.” But again, capitalism dictates that U.S. bosses must drive down wages to be able to compete with rival bosses worldwide. So they “outsource” jobs to subcontractor shops from across the southern U.S. to California, jobs which pay $10 an hour, less than half of what workers in unionized factories like Boeing earn, leading to mass layoffs and mass unemployment. • UNEMPLOYMENT — Because of the above two factors, capitalism must create a “reserve army of unemployed.” No president in history has ever ended unemployment because it’s built into capitalism’s drive for maximu
