What Caused The Shrinkage of America's Middle Class? (wages, poll, boycott)
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as we all should know, the US is no more a nation of productivity. It shifted from a system of manufacturing to a system of service industries. What destroyed America's manufacturing base?
I would say technology and Corporate Greed. There is only so much wealth in the world. Just wait until china's and India's payrate gets close to ours. Where do you think they will head to next?
Corporate greed, it's far more profitable for corporations to send jobs to china and india then pay american workers.
And the boycotting that went on in America was phenomenal wasn't it ?
The refusal to buy offshored goods at cheaper prices and demand that stores provide "Made in USA" goods was huge. Oh wait..NO IT WASN'T !!
The corporations offshored and the American people spoke, didn't they ?
They couldn't buy enough "plastic pumpkins" from China and were running off to Walmart and loading up on the cheap crap.
WE let it happen. We voted a corrupt government and keep sending them back. We demanded cheap crap and bought it up as soon as it reached the shores. We did this to ourselves. Want to point a finger..well then go stand in front of a mirror..that is who let this happen.
WE let it happen. We voted a corrupt government and keep sending them back. We demanded cheap crap and bought it up as soon as it reached the shores. We did this to ourselves. Want to point a finger..well then go stand in front of a mirror..that is who let this happen.
Is it the government's responsibility to make sure that the people don't indulge in cheap crap?
The widely popularized notion that America could and should compete with the third world on wages.
The only way to compete with the third world on wages is to be third world.
Many other first world economies have retained manufacturing jobs, and none have tried to lower wages to be competitive with China. After a while, cutting wages and extending hours starts affecting the economy in itself, because people go into emergency cost-cutting mode.
Henry Ford knew how to build an economy: Workers should make enough money to buy the products they are making.
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