Quote:
Originally Posted by New Wave Carpetbagger
South Carolina has never come out of the Recession. It's been in the top 10 and often the top 5 for highest unemployment for years now. Currently, it's around 11%.
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It would be lower if Obama and his NLRB goons would back off Boeing in SC!
Quote:
Originally Posted by Mr. Mon
South Carolina has based its economic development policy on having some of the worst workers rights in the country and positioning itself as a wage dump for European manufacturing. Keeping those jobs in state relies on strong export markets and a strong Euro. A big dive in either European buying power or the Euro against the Dollar will put a lot of people out of work. Granted, many of them are "temporary" workers to start with, but that's another thread altogether.
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Temporary workers in "right to work states"? Kewl code speak union activist. Too bad more states don't require unions so that the unreasonable pension requirements can collapse the states' economies much more efficiently for the Marxist revolution, comrade. But that is another thread altogether.
Europe cannot contain the contaigen unless it does a 180% turn from its Socialist roots. Possible yes but highly unlikely. All western economies will suffer. It is a matter of when, not if.