Quote:
Originally Posted by antikristuseke
For production jobs to come back to the states another thing needs to change besides taxes, that is the wage expecations of people, as it stands it is cheaper to produce crap elsewhere due to workforce costs. That is not likely to change though unless the wage expecations grow to be on par with those in the states.
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Wage expectations aren't going to change given how expensive it is to live here. (in California at any rate). You simply are not going to survive on a 7 dollars an hour when something as basic as a roof over your head costs at least 1100 dollars a month.
Quote:
Originally Posted by The Third Man
I suspect you are wrong.
Market Crash (Oct 1929) Depression begins
FDR Elected (Nov 1932) Depression continues
"First New Deal" (1933) Depression continues
"Second New Deal" (1935) Depression continues
Unemployment rate 19.0% (1938) Depression continues
Unemployment rate 4.7% (1942) World at War
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It's always been my thought that WW2 is what
really got us out of the depression. The mobilization and industrialization of America during WW2, is what set our lifestyles as a people from then until these last 10- 20 years. I think the results of WW2 are THAT far reaching. With production jobs going away, so is most of the middle class. Now were on this downward spiral that is probably not going to stop any time soon.