Reply #15: Well said!! [View All]

[MaraJade]

:toast:

While most of the labor market "sat and stared", the textile industry,
the shoe/apparel manufacturing industry and the steel manufacturing industry found corporate legs and walked away. Now we have a massive
"rust belt" that stretches from coast to coast complete with attendant ghost towns and empty tax bases.

Currently, the automotive industry is being "outsourced to death".
Michael Moore's documentary "Flint" tells all about this. Pretty
soon, it will be rare to find cars made here.

People who think that tech outsourcing is a good thing really
need to talk to some of our local laid-off/retired/fired
steelworkers who not only lost their jobs and their salaries, but
also their retirement income due to outsourcing. If this doesn't
stop, there will be nothing but lower sector minimum wage jobs
left over here.

And when that happens, only depression is left.

But again, maybe that is what the corporate outsourcers want. To
bring the entire world economy down to third world status.