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Re: The decline

May 6 2010 at 3:06 AM
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Nat  (Login Nafana)
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Response to Re: The decline

 

Outsourcing high-paying good-benefit factory jobs and getting low-paying service industry jobs in return is hardly a gain.

Just consider these simple facts Brandon:

During the last 30 years the amount of job outsourcing has increased steadily.

And....

The inflation adjusted average wage has decreased.

The amount of personal savings has dropped greatly.

The amount of personal debt has increased greatly.

The number of wives who have to work to support the family has increased significantly.

The difference in wage between high earners and low earners has increased dramatically.

The concentration of national wealth in the hands of the top 5% has never been greater.

None of this is good for the country.

 
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  1. Re: The decline - Marseil on May 7, 2010
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