I hate this bullshit from economists whose ideas have caused the federal government and corporate America to rape American workers and consumers over and over again and tell us, it's too bad, so sad, but the jobs are never coming back and we have to retrain for shit that doesn't exist.
We KNOW we have to bring the jobs back to this country since the workers in third world countries cannot buy the products they make. It is Americans who are buying those products.
Snip for those whose blood pressure needs to be boosted to stroke levels:
The acceleration has convinced some economists that, far from an ordinary downturn after which jobs will return, the contraction under way reflects a fundamental restructuring of the American economy. In crucial industries — particularly manufacturing, financial services and retail — many companies have opted to abandon whole areas of business.
“These jobs aren’t coming back,” said John E. Silvia, chief economist at Wachovia in Charlotte. “A lot of production either isn’t going to happen at all, or it’s going to happen somewhere other than the United States. There are going to be fewer stores, fewer factories, fewer financial services operations. Firms are making strategic decisions that they don’t want to be in their businesses.”
And the country will die, and so will the world economy. Well, fuck you, Silvia. I am not going to take shit lying down. By the way, YOUR job is in jeopardy if nobody works for Wachovia anymore.
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