Government is the Largest Employer: The Fading American Economy »
Posted By miningaster 1 year, 6 months ago in NewsWednesday, April 9, 2008- According to the Bureau of Labor Statistics, the US economy lost 98,000 private sector jobs in March, half of which were in manufacturing. Today 13,643,000 Americans are employed in manufacturing, of which 9,849,000 are production workers. Government employs 22,387,000 Americans, 8,744,000 more than manufacturing. Even the
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rimbaud1 year, 6 months ago
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US companies are investing in the emerging growth markets in Asia (they cannot afford not to). They will build AND sell there. Even the required technical and engineering skills can be had there for cheap. Only the profits will come home to Bush's "ownership sociey", those rich or smart enough to invest. Yes, those nasty corporations are us! What's good for General Motors is good for the USA! When the up and coming Chinese are driving Chevies (GMC = General Motors China) and pumping Exxon/Iran oil, all will be well for us. Jobs that must be done locally, like Agriculture and Construction, are already heavily invested in by Mexican labor. If all you have to offer is your labor, you have been devalued, unless you can invent or design products for the new growth markets. It's a natural progression for a wealthy people... let those that are hungry study math and science and work hard. We will be the gentlemen rulers of the earth.
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rimbaud1 year, 6 months ago
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http://politics.propeller.com/story/2008/05/06/...
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