American working class-falling to third world status?

With all the recent discussion and news about the shift of jobs offshore, many of us have concerns about the eventual outcome for the American working class. Big business justifies sending jobs out of the U.S., in order to compete in the global economy. One of the big selling points seems to be that by off-shoring jobs we are elevating the standard of living for millions of poor in third world countries. However, I wonder if at the same time, we aren't lowering the standard of living for millions of U.S. working people.

My feeling is that big business is not so magnanimous, as it would like us to think. The fact is the jobs pay the lowest possible rate, which will allow the positions to be filled. If earning minimum wage in the U.S. barely keeps a family of four above poverty level, imagine the effect on families with more than four, in the countries where the jobs are going. When employees in third world countries are paid pennies on the dollar, and have families of 6 or more, are their standards of living actually being raised?

You can probably see where I am headed with this line of thinking. While the standard of living in the third-world countries may be rising, I feel that it is insignificant when compared to the overall poverty of the surrounding populace, despite big business propaganda. Now, if only marginal improvements in standards of living in these countries, are the result of lost U.S. jobs; has the global economy really benefited? Jobs lost in the U.S. have certainly lowered significantly the standard of living for millions of American citizens, and produced negligible gains elsewhere. The conclusion must inevitably be reached that; overall, American workers are headed toward third world economic status, unless they are provided with better opportunities.

Where does it all end? As an American worker, what are your options? What will be the eventual global economic impact on all socio-economic levels in the United States? Will the standard of living for most of the world level off with a huge majority of "have-nots" struggling to survive, juxtaposed to a very small and elite group of "haves"? Over the next few weeks, perhaps these will be good topics for further consideration.

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