Sunday, September 21, 2008

Let's Get the Jobs Back!

Here is my problem with the country as it is today, and I think Obama (God willing) has his work cut out for him. We don't make anything in this country anymore. We lease cars and we sell cars but we don't make the cars here. We sell toys (at about $10/hour) here, but we don't make the toys. Our banks push money and debt and loans around, but we don't have any concrete products to show for it. The american financial market has been a balloon that has been ready to pop since the large companies moved their manufacturing overseas. And that's not all that's moved. The customer service call centers have moved. Some of the information technology jobs have moved, too. There is a plethora of positions that have been moved, and it's only a matter of time before those employees- just like China- will begin to demand better wages and thus higher prices for goods. My prediction is that we will pay the same price to overseas factories for worse products that we would have paid if the factories had stayed here. We just would have paid our neighbors and our friends and our families (in some cases ourselves) for better products. So, I ask you, what are we left with, and why isn't anyone talking about this?



We have very wealthy people moving around stocks and bonds and getting bailed out while people lose their homes. And here is the kicker. People can't get credit for a loan to buy a house anymore and that was the only industry that couldn't be shipped overseas.

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