Posted on 04/07/2014 7:01:21 PM PDT by Errant
The level of employment in the United States has been declining since the year 2000. There have been moments when things have appeared to have been getting better for a short period of time, and then the decline has resumed. Thanks to the offshoring of millions of jobs, the replacement of millions of workers with technology and the overall weakness of the U.S. economy, the percentage of Americans that are actually working is significantly lower than it was when this century began. And even though things have stabilized at a reduced level over the past few years, it is only a matter of time until the next major wave of the economic collapse strikes and the employment level goes even lower. And the truth is that more good jobs are being lost every single day in America. For example, as you will read about below, Warren Buffett is shutting down a Fruit of the Loom factory in Kentucky and moving it to Honduras just so that he can make a little bit more money. We see this kind of betrayal over and over again, and it is absolutely ripping the middle class of America to shreds.
(Excerpt) Read more at theeconomiccollapseblog.com ...
I’m surprised I haven’t heard anything from the globalist free traitors on this thread, FR sure has plenty of them.
I worked in a factory with twenty thousand strong in Ohio in 1988. That’s the year democrats through the erisa ruling changed pension vesting rights from ten years to five years.
There was a great exodus of manufacturing after that.
WSJ weekend edition stated that only 60.3% of people age 19 and older are working in this country.
Way down from 2000.
A third of Americans are not working and that number is increasing exponentially. You’ll find several pages from any source you choose. It was 80.9 million the day Obama took office, 90 million a year ago this March and now 101 million. You can see it’s progessing very rapidly and if it’s true 10,000 baby boomers a day are retiring now that’s only 3.6 million a year. What happened to the other 7.4 million this last year. So where did those people go?
Errant, listen to this: http://www.wnyc.org/story/how-collaborative-economy-could-change-capitalism/
We have thirty years of jobs left, during which the remaining people with jobs will be employed to complete the infrastructure for the computer run automated manufacturing and service economy.
Then those people will be out of work, too.
Then what? The author isn’t sure then what, but none of his guesses sound appealing at all.
I figure just about everybody will be unemployed, and the government will give us all an equal number of ration cards to exchange for machine supplied goods and services.
We will all be on the dole. Equally. Technology means the end of capitalism.
It’s been happening to us for years, and it’s happening now.
Computer driven cars will be a reality in a few years.
People won’t even be able to get jobs driving a cab.
Cargo ships will soon be operating without crews.
Cashiers are being replaced by self-serve scanners.
Everywhere you turn jobs are being replaced by technology.
First it was manual labor.
Now technology is replacing jobs in the knowledge economy.
When you see major corporations going belly up because technology is obsoleting their goods and services, what chance has the average—or even above average—citizen of surviving this process?
Just about none.
Translation of really stupid thing we have done = shopping at Walmart.
Hah! I had to laugh! Someone brought up “disability” before I could blink.
It’s the dream of the so-called robber-barons of old. When geography is no longer a barrier, everyone “competes” with countless multitudes around the world for table scraps. IMO, this is why morals matter more than economics, and why economism is not conservative.
Well said.
LOL! Well, surely we must survive!
Nothing short of abolishing the income tax and the IRS will work well.
They've quieted down greatly. Losing arguments tend to do that.
Well, that is one thing I never understood at all: if the unemployment numbers do not reflect people no longer on assistance - and they are no longer counted - just where are they?
How are they supporting themselves? It can’t be possible for them all to be receiving SS at any given age so how the heck are they putting food on the table?
Thanks to Bush Big Government followed by Obama Marxism.
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