gemfemfox says: The article continues, "And Rhode Island, not generally known as a manufacturing hub, has suffered. The industrial conglomerate Textron Inc., which is based in Providence and makes Cessna jets and Bell helicopters, laid off 2,200 of its 43,000 workers last year." Even this article, arguably the closest thing I have seen to the truth in a long time, is totally missing it. Michigan is not dead because of the "faltering" auto industry. Michigan is dead because the NOW faltering auto makers sent the supplier jobs overseas. To companies where the workers would NEVER be able to buy their products. And now, neither can we. As the mass execution of the middle class rages on, it is apparent that reality is not going to pay the experts a visit soon. We, America, will cease to exist because we traded our jobs, futures and wealth, for cheap socks and bigger government. We could stop it IF we wake up and band together. But we won't. I hope Ford & General Motors Holden don't close here down under.They should have seen move to smaller fuel efficient vehicles long ago .Mitsubishi, Adelaide Sth Australia shut down despite millions in subsidies from state government ,they put all their hopes in another big six instead of a smaller capacity motor. I live in Michigan...have since 1982. We had a wonderful economy for many years and then it went to hell in a hand basket! Instead of tightening the belt of government spending, our fearless leader (Canadian, thank you very much) increased entitlements, gave huge tax breaks to large companies, drove up taxes and fees to small business & individuals, cut school spending and loosened welfare rules to allow perfectly capable, healthy people to sit on their asses. The big three made the situation worse by sending so many jobs to Mexico and overseas while buying up interest in foreign car companies and getting the parts made cheaper. Instead of passing those savings onto American car buyers... The same thing is happening here. Before Christmas the forestry workers had a temporary layoff. Well, all 700+ workers are still out of work and they may not go back for a long time if ever. More than 5 MILLION manufacturing jobs were lost in America before the Big 3 laid off one worker (2 or 3 years ago). For most of those 5 million employees, they never found comparable jobs. They have been as underemployed as tech workers have been since Y2K ended. But the government doesn't care if a worker makes $8 an hour or $50, so once you find any job, you no longer show up on government statistics. Housing carried us for a long time. But now that the double whammy of manufacturing & housing (construction, real estate, mortgage brokers, derivitive/stock sellers, home improvement, etc) have hit us, it is pretty obvious-if you look-that those people were everyone elses best custome... |
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