Thursday, February 10, 2011

Reducing economic disparity between nations and within nations will:

1.  REDUCE THE  NEED FOR IMMIGRATION. The increased prosperity in the emerging economies eliminates the need for workers and their families to migrate in the search of jobs.
2.  REVERSE IMMIGRATION AS MIGRANTS  RETURN HOME. The current immigration trend will reverse direction as the newly emerging economies create jobs and become very prosperous. Homes will become available to those employed domestically and the experienced and educated workers returning to their native country.
3.  REDUCE UNEMPLOYMENT IN INDUSTRIALIZED ECONOMIES. The total number of people seeking work in the more industrialized nations will decline as the reverse migration accelerates freeing jobs for natives.
4.   IMPROVE TRADING OPPORTUNITIES. A major reduction in economic disparity over time creates a more viable trading environment among nations  as the disparity in wages is reduced; revitalizing global manufacturing.
5.   IMPROVE USA WAGES.  Industrial jobs that have been moved to other countries will return home as the economies improves, disparity between wages is reduced and tariffs imposed. The manufacturers in the emerging economies would have new domestic consumers.
6.  REDUCE THE NEED FOR ALL FORMS OF AID.  As each nation becomes more prosperous and the governments become financially stable each nation will be  able to provide for the health and welfare of its people and become less dependent on foreign aid.
7.  STRENGTHEN  NATIONAL SOVEREIGNTY. The economic and political stress between nations will decline as each nation strives to increase its prosperity to higher and higher levels and  is able to maintain its own sovereignty and independence because of its ability to manage its economy and create employment.
8.   IMPROVE PROSPECTS FOR PEACE. Once the economies become more prosperous and the national governments are economically strengthened the foundation for global peace will have been laid.

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