So, I was thinking about U.S. businesses making factories outside of the United States, like the ones in Asia and South America.
Do any of you know what this means for us, the American workers?
In short, it means that there are little to no jobs left for us.
It means that corporations are making all of the money and saving big on cheap labor, while the middle class (i.e. the majority of U.S. citizens) are stuck desperately hunting down jobs that don't exist.
It means the only job you can find is at Walmart or McDonald's, unless you went to college. If you went to college, you can probably get a job as a marketing specialist, a real estate agent, or an accountant. Basically, you can help sell things to people and help people buy things made in other countries!
I'm sure many of you have heard someone say "America is a consumer nation", but do you know what this means? It's much worse than it sounds.
A consumer nation is a country that does not produce anything for export.
Let's say that an American shoe company called ShoePlus (made up name) has a factory in Cambodia. They do this because the only need to pay the Cambodian workers 10 cents an hour, and they'd have to pay American workers minimum wage and benefits. So ShoePlus saves a BOATLOAD of money on employees.
So they sell these products in the United States. American people give their money to ShoePlus, and Shoeplus gives a percentage of that to their Cambodian employees.
Go through that process again in your head. Do you see any money coming into the United States there? Any? Now you see any money leaving the United States?
You see that ShoePlus is taking American money and sending it to Cambodia. It's not a lot, though, right? Well, it adds up, especially with just about every corporation in America sending their factories elsewhere, not to mention the debt our nation is in already.
Now, if we are only buying and not producing and selling, and employment is dwindling, what to you think is going to happen to our economy?
How can we buy anything if we can't get a job?
Does anyone sense something catastrophic headed this way?
Anyway, that's enough for today,
Konasierri
