« Worth 1000 Words: Paul Kasriel's Picture of Housing Market Trends | Main | Michael Shedlock Toys with 'D' Words »

December 09, 2006

Comments

John Konop


December 21st, 2006 by JohnKonop
This is an editorial on the web site economy in crisis. Do you think Americans should be concerned with our kid’s future due to poorly negotiated trade and immigration policy?

PREPARE YOUR KIDS FOR THE FUTURE — AS A SERVANT

EC-In 1994, more than 1 in 8 jobs in America was in manufacturing. In 2014, if US government (Bureau of Labor Statistics) projections are to be believed, that figure will have slipped to less than 1 in 12.

The government is actually telling us in black and white that the policies that they are enacting will decrease absolute and relative manufacturing employment to levels below that of the 1950’s – over 2 million jobs below. In the 1950’s, 30% of US employees were in manufacturing – almost one in three jobs! This country was a relative manufacturing superpower.

In less than 20 years since America put in place some of its most self-devastating policy decisions (NAFTA, WTO, CAFTA, etc.), this country will have almost completely converted from a self-sufficient sovereign state, capable of manufacturing what it needs to sustain and protect itself, to a country of servants – serfs, working at the behest of foreign employers or engaged in the sales, marketing, and distribution of foreign-made goods – working at their discretion, for wages they determine, and forced to pay their prices for needed goods. This is the definition of a servant.

The comments to this entry are closed.

Want Email Updates?

Your email address:


Powered by FeedBlitz

* Google * Site-Search


ABOUT


  • Chronicles of international finance and geopolitics, with hints from thither and yon to help us find a way from "growth and development" to "sustainability."

    This is a personal web site, reflecting only the opinions of its author and those who offer up comments. It was built and is maintained in occasional spare moments.

    More about me, my other blogs, etc.


Blog powered by Typepad