Facts are clearly of no interest to you. Don't read the papers, just look around you.
But if you do not read the funny papers, where do you get your information? Do you travel around the US and personally survey everyone?
I suspect you are just frustrated when someone replies that your posts are just opinions without facts.
Buddy, traveling around and talking to people is a funny idea. What would a few personal anecdotes tell you about the economic landscape of North America?
This is deja vu. I asked you to post economic data a few months ago when you were making the same claims (that middle and lower classes were doing better than in the past), you never did. Your
arguments are against popular opinion not mine.
And no, I hardly find your claims frustrating, just loco
Here, I'll break the ice, a light read for you:
Foreign Trade and Outsourcing
This article only documents the job losses due to the trade deficit with China, excluding all the other sweatshop countries around the world. Since 2001, the USA has lost almost 3 million jobs to China alone. A country's manufacturing base is it's heart, not McJobs, or dog-walking as you say (LMAO).
"Since China entered the World Trade Organization in 2001, the extraordinary growth of trade between China and the United States has had a dramatic effect on U.S. workers and the domestic economy
, though in neither case has this effect been beneficial
. The United States is piling up foreign debt and losing export capacity, and the growing trade deficit with China has been a prime contributor to the crisis in U.S. manufacturing employment. Between 2001 and 2011, the trade deficit with China eliminated or displaced more than 2.7 million U.S. jobs
, over 2.1 million of which (76.9 percent) were in manufacturing. These lost manufacturing jobs account for more than half of all U.S. manufacturing jobs lost or displaced between 2001 and 2011."
And these job losses just keep piling up year after year until it's all gone...Waaah? SOMEONE FIND A CORK FOR THE DAMN THING !! LOL.
The extinction of the middle class in the USA.
(Buddy Holly, the middle class are the people outside your gated community or ranch, they and the lower classes make up most of the country, go talk to them instead of your country club friends
More Evidence That America's Middle Class Is Sliding Toward the Third World
Originally Posted by Time Violation
Really? And not because they were making inferior products?
The 80s auto industry saw its dark days because of complacency, that's for sure. Nevertheless, the entire north east region of North America (the industrial center of the continent) has seen much of its industry shipped overseas in order to reduce labor costs on already profitable products, because of corporate greed.