12th Aug 2013, 09:33
Unfortunately the core economy of America is affected, and creates a dependency on foreign economies. Also you are enriching their foreign governments, and their corporates reap the big profits.
Unfortunately the core economy of America is affected, and creates a dependency on foreign economies. Also you are enriching their foreign governments, and their corporates reap the big profits.
6th Sep 2012, 15:10
True, you cannot stop it. One of my customers with 600 employees has reduced their domestic workforce down to 1 shift as their manufacturing plants overseas have been ramping up. Same company corporate is in the United States. It's less costly with labor and benefits. In turn it affects my company and employees as well.
I see the economy as stagnant. Since you cannot stem the tide, it may help if some not all make efforts to retain some business here. People lose sight of the trickle down effect that the downsizing and shift losses causes on people like us. Other companies. Less income with less spending. Maybe you see some tremendous growth that we are missing. Did I hear it doesn't matter if you buy an import or domestic? I don't see how the balance is balanced as we speak as well. If so, nearly everything I own would not be valued so low. A lot of people are underwater, taking 2 or 3 smaller paying jobs to survive. Yes, that's growth here.