WHY MANY AMERICANS ARE GOING TO BE POORER

It's because of free trade in manufactured goods.   We simply can't compete with workers who make $300 a month AFTER a huge raise.

Foxconn to raise wages again at China plant
BEIJING | Fri Oct 1, 2010 8:42am EDT

BEIJING (Reuters) - Electronics maker Foxconn Technologies, under fire for its working practices after a string of worker suicides, has decided to up salaries by two-thirds at its Shenzhen factory, state media said on Friday.

News agency Xinhua quoted company spokesman Liu Kun as saying the roughly 66 percent pay rise for assembly line workers, the second this year, would bring salaries to 2,000 yuan ($298.9) per month. It starts from this month.