Maybe the private sector IS doing fine ...

[wehotex]

Originally Posted by BigJon3475

You can have manufacturing back. You'll just need to have the dollar's value decrease by about 70%. Whether you like it or not, income security is a failing cause. You can either drop the income of U.S. workers so they can compete world wide or you'll just have to wait until the income of world wide workers increases to your U.S. standards. It can either come really fast via the Federal reserve or it can come really really slow via patience and an acceptance that the American lifestyle is over.

At least with the latter you can make subtle changes and you can still promise your kids a future (because they'll never remember your promises by the time they realize what's really going on).

Well, there's the rub. How can you expect american workers to work for less in a time where all expenses are increasing? should we live 10 to a house like the illegals?

[buzzards27]

Originally Posted by BigJon3475

You can have manufacturing back. You'll just need to have the dollar's value decrease by about 70%. Whether you like it or not, income security is a failing cause. You can either drop the income of U.S. workers so they can compete world wide or you'll just have to wait until the income of world wide workers increases to your U.S. standards. It can either come really fast via the Federal reserve or it can come really really slow via patience and an acceptance that the American lifestyle is over.

At least with the latter you can make subtle changes and you can still promise your kids a future (because they'll never remember your promises by the time they realize what's really going on).

The race to the bottom???

[BigJon3475]

Originally Posted by wehotex

Well, there's the rub. How can you expect american workers to work for less in a time where all expenses are increasing? should we live 10 to a house like the illegals?

In case you couldn't tell it's inevitable. Look at the spike in mfg. employement in the 70's when inflation was out of control. People had jobs but their pay was constantly being eroded via that same inflation.

This is the part that seems to be so perplexing to so many people on this board. There is a natural order of things (just like the laws of thermodynamics) and the only way that order can be changed is via large expenditures of energy focused on populations and that can happen via wars, large asteroids hitting the earth or whatever your favorite flavor of extinction is. As long as there is a growing population there must be an equalization of that energy (mass).

[BigJon3475]

Originally Posted by buzzards27

The race to the bottom???

I guess if you want to put it like that. The one thing you have to account for though is the bottom -- though not endless -- does get deeper and deeper with a growing earth population.

Let's just call it the real invisible hand of god.