Originally posted by ArchPlayer
reply to post by nyk537
The overall fact of the matter is that technology has displaced and even eliminated most of the blue collar jobs. But that is no reason nor any excuse for people like Ford not to give anybody a equal shot. They will understand they need to make jobs in order to pass the buck around and keep it flowing when profit margins sink because there are not enough middle classers buying anything.
Exactly.
I used to grow up in the area of factory towns. The factories laid everyone off and shipped the jobs away to save a buck.
However, since that cut a significant amount of income in the area , the companies lost a lot of money in sales as no one could buy the products , at the inflated prices they were saling them back to the community for.
lol.
the companies are either struggling or no longer around.
It's common sense that in order for people to buy your goods , the people have to have money.
I don't know if these corporations are just thinking "let the other guy stay in america and give them jobs", but they are starting to see that a broke population is not a profitable one.


