Kevin Willmorth sums up the tradeoffs of globalization in his lighting and energy conservation blog.

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He makes the point that the U.S. economy is currently overly focused on taking profit from a devaluation process instead of one that builds value. The long term result is a loss of competitiveness and erosion of wages and qualify of life for the average American.

Read the complete post here.

I couldn’t agree more. What do you think?