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People do not demand cheaper and cheaper products.
They earn less and less
relative to the cost of living every year,
so they have no choice about what they can afford.
If wages were kept pinned so that inflationary action on cost of living was always mitigated for by an automatic matching change in wages, then this nonsense would not be happening.
originally posted by: TrueBrit
a reply to: ArchangelUriel
There is no choice. Either make it work where you are, or go broke with honour.
It is better to die penniless, than live without honour.
1) This isn't an example of America losing more jobs (at the macro level), but rather a window into the continued transformation away from manufacturing jobs in the US to a more services-oriented nation.
3) What you SHOULD see when watching that video is the beginning of a new journey for those men and women, as they are skilled.
8) Ask yourself, do you want to see this country revert back to a manufacturing-based economy? If so, it will require a workforce MUCH less skilled and a population MUCH less wealthy.
originally posted by: Freenrgy2
a reply to: PLAYERONE01
Perot was a genius......more than Trump could ever hope to be. Loved that guy. Straight shooter and I didn't care if he split the vote. The guy was spot on with some of his views. It's only taken us 20+ years to realize he was right. I wish there would have been a Perot/Paul (Ron) ticket back then.