Formerly About Advanced Micro Devices Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Formerly About Advanced Micro Devices

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: tejek who wrote (238896)	6/27/2005 10:27:34 AM
From: TigerPaw	Read Replies (1) of 1573682

The US started outsourcing manufacturing jobs roughly 20 years ago. At the time, predictions were equally as gloomy. That period tracks the increasing debt and trade deficits. You can live well off credit cards for a while, so long as someone is willing to let you make the minimum payment. Products are cheaper and pay for Americans is better. Durable products are cheaper, but not so for consumables. Also pay for Americans is going down. Those layed off from well paying manufacturing jobs pick up beginner's wages in whatever job they can find. Its a process that will go on unabated until eventually there is more economic equality among the nations of the world. It's a policy of increasing stratificaion as the masses find a common equality of the lowest wage, while those who own the assets gain vast wealth. TP

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next