Quote for the Day, Tuesday May 19, 2020

“Yes, de-industrialization in the United States was a bi-partisan supported ideal that goes back to the Bretton Woods treaty negotiations that gave us GATT in the late 1940s. By 1959, American corporations began relocating their factories to Mexico, and then by the 1970s, to the Pacific Rim nations. Politicians of both parties supported this. Why? Because corporations wanted it. We are a government of the corporations, by the corporations, and for the corporations (Rutherford B. Hayes originally said that in 1889).”