We brought this on ourselves with the unions. There was a time when American workers were truly oppressed and the unions served a purpose. Then the unions gained tremendous power and started demanding very unreasonable wages and benefits from companies manufacturing in America. Paying someone the equivalent of $90,000 per year (in today's dollars) plus benefits to turn a screw for 20 years, then they get to retire with full pay and benefits for the rest of their lives. This drove up prices and drove down our standard of living. And foreign firms were able to take advantage, step in and provide cheaper goods and it's been downhill for us ever since.<quoted text>
You people love,love love to bash America,yet,never offer up any alternatives to our "evil" business practices.
Should we be following Chinas business model,or Indias,perhaps we should fashion ourselves in the image of El Salvador or North Korea?
My dad, with a 6th grade education and a GED made less than $20,000 per year in the 1970s. I remember he bought a new mid-sized Ford for $3,000. He was a non-union physical laborer in the south and made enough to buy 6 new cars a year! How much would someone have to make to buy 6 new cars a year now?$150,000?
The solution would be to do whatever it would take to lure these manufacturing jobs back to the US. Most people would hate what it would take. For example, eliminating all income taxes for manufacturing firms might help but that would make many people very angry.