Saturday, September 10, 2011

The Future For Most Americans: Pathetic Jobs, Bad Debts And A Crappy Economy

Sorry to break this to you, but the future for most Americans is going to be pretty crappy. Unless you are independently wealthy, the chances are good that you will have a low paying job, that you will be drowning in a sea of bad debts and that you will have to go on government assistance at some point. Most American families are completely dependent on their jobs for income, and right now good jobs are disappearing at a frightening pace. Over the last couple of decades, millions of high paying manufacturing jobs have been shipped out of the country and they are being replaced by low paying service jobs. Small business creation is being absolutely crushed by the federal government, and millions of illegal immigrants have been allowed in to the country and they are now competing for the limited number of jobs that are still available. The vast majority of the money and the vast majority of the power in this country are now in the hands of either the big corporations or the government. Together, the big corporations and the government are absolutely crushing everyone else. If you are not part of the "privileged class", there is a good chance that your job is serving them. Perhaps you are bringing them lunch or cutting their hair or stocking shelves for them. Once upon a time, America was "the land of opportunity", but now that has all changed. Tomorrow morning, millions of Americans will get up and go to pathetic, low paying jobs and millions of others will wonder why they can't find anyone to hire them. Sadly, if nothing is done to reverse the long-term trends that are destroying our economy, the number of "working poor" is going to continue to increase.

Our founding fathers never intended for this to happen. Our founding fathers intended to set up a capitalist system in which the power of the central government and the power of corporations was greatly limited. The idea was that individuals and small businesses should be given the chance to grow and thrive in a free market system. more

2 comments (read or post your own):

Anonymous said...

Are they too dumb to understand the inherent contradiction in this statement; "Our founding fathers never intended for this to happen. Our founding fathers intended to set up a capitalist system in which the power of the central government and the power of corporations was greatly limited. The idea was that individuals and small businesses should be given the chance to grow and thrive in a free market system." What the shit did they expect them to "grow" up to be? This idiot growth paradigm is killing us all.

Anonymous said...

Come on!!!! Then "Monopoly" should be redefined. Who imports from the orient,huh? Oh that's right....your local furniture maker. Right, they have the resources to compete with and buy CONTAINERS of product to get the right price breaks to whore themself out at every turn to give the lowest price. That's how business put you out of business...make it cheap, make it easy, go lower than anyone else, screw up distribution, put everyone out of business then gain market share and raise the priceback to what it was prior to ruining the. market. Its happening to every part of the country. The million $ question to who is behind some of these big corporations is, yep, you guessed, private equity companies....hedge funds......essentially BANKS. They have diversified portfolios that offset losses from other sectors of the economy. That's the problem with capitalism, though better than any other system concocted by man, it prays at a much much different alter than humanity. Its an evil god ans demands human sacrifice.

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