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I don't think workforce reduction is the issue. The issue we are facing is we aren't seeing much job growth, and the few new jobs created don't pay the bills. Folks working in a traditionally well paying occupation with less competition don't have much exposure to the situation facing the bottom rung, and perhaps the majority of the workforce.
Slowly better. We need a combination of jobs picking up and Americans coming to grips to what their worth in the job market is. Seems a lot of people want to live like the used to during the bubble.
and Americans coming to grips to what their worth in the job market is...
...in comparison to the few too many siblings, spouses and cousins they are directly competing with.
Supply and demand economics suks... when YOU are the one too much in supply.
I think things are going to get worse...a LOT worse. I think there are too many people- too many people doing nothing but still wanting to be housed, clothed and fed, too many people doing too many things that aren't really necessary, making things that they expect others to buy...but how much crap do people really need?
To my way of thinking, the economy is 'manufactured'- a great show of spinning plates, adding more and more and more and trying to keep them all spinning, but some of them are crashing down and more will follow.
The talking heads all spout about 'growing the economy', but it's all an illusion. You can't keep growing and growing and growing, at some point it's all got to collapse. They should have been pushing for a *stable* economy.
Too many people living in big cities, all rushing about like ants in a hill. But, of what real value is the 'work' that they do? What will happen [to them] when the spinning plates come crashing down and the house of cards blows over?
Those of us who live where we can produce our own food might be in a slightly better position, if we are prepared. I am not one of those 'survivalists' constantly stocking arms and ammunition and food...yet, but I'm beginning to wonder if they aren't completely wrong.
A big war that consumes a large part of the population would solve the problem. I wonder if there are any in Washington who might be having thoughts like that? Will it be here? Or somewhere else?
Of course, there's always 'Soylent Green', too.
But don't worry, Big Brother is watching...and listening to your phone calls, and reading your e-mails and your chats on bulletin boards...No, not really. They wouldn't do that...would they? Don't we have Rights? We used to, once upon a time...is the fairy-tale almost over?
Realistically, are things on the upswing or downswing?
If you do not distinguish between prosperity or the ratio in financial wealth favoring any particular class, its hard to answer. What' s your goal? I suppose the default is the idea of a majority rise in prosperity. Given the rent seeking and good and services credit starvation, its not too good.
its gotten worse ever since the federal reserve went into power.
all down hill from there.
The down hill accelerated when delinked from the gold standard (printing of the 60's).
we are living on borrowed time now. I mean look at how bad the politics of America are today? Horrid.
You really think a company will willingly open a company here if they have a choice? I wouldn't.
Yep. You can only live on credit/borrowed money/and money printed out of thin air for so long.
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