Silicon Investor (SI) -- The First Internet Community

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 : Politics for Pros- moderated -- Ignore unavailable to you. Want to Upgrade?

To: SirWalterRalegh who wrote (481834)	4/11/2012 9:23:47 AM
From: unclewest	7 Recommendations Respond to of 794011

Bad times are already here Concur The politicians and pundits keep talking about jobs as if they don't realize the jobs they are looking for already left America. In central NC, where I live, the furniture factories are shuttered and being converted to other uses or torn down, Cone Mills, once the largest jeans and jeans fabric manufacturer in the world has closed all but part of one building. Other textile manufacturers have closed too. Tobacco is no longer the best cash crop here and many cigarette manufacturers have moved production overseas. The unemployment rate in the towns around me is 10.3 - 23%. Some are calling it a jobless recovery. It is not a jobless recovery for China, Japan, Vietnam, Pakistan, Egypt, India, etc.. They continue to sell strong into US markets. If we still had all those jobs, the downturn would never have occurred. Manufacturers and jobs began leaving years ago, and then accelerated. Lost jobs are not a by-product of this downturn. They are a principle cause of it. The question that leaders should be asking is, how do we recover all those corporations and lost jobs? No one wants to ask it, because no one has the answer. So they drone on and on about tax rates, medical insurance, social security, and green jobs (Whatever they are).