Its becoming a very bad joke when you hear our National Politicians and TV business pundants actually pretend that we can find decent paying jobs or continue to use the tired word, Job Recovery!
First: USA have been exporting jobs for the last three decades for three primary reasons: Cheaper labor, Technological advancements, and Avoidance of corporate taxation.
What do we actually make besides houses, shopping centers, and office buildings that are now deeply embedded in an economic depression. Oh, that's right we still make artillery and weaponry for our wars and of course, we still make Great Hamburgers and Fried Chicken!
Think about this example for a moment: Our household furniture used to be made in North Carolina factories, but today it is actually cheaper to import furniture directly from China!
That is frightening when you consider the cost of transporting by ship across two oceans and in conjunction with the logistical costs of loading, transporting, and labor.
Technology has enabled our financial institutions and service sector to easily out- source hundreds of thousands of clerical positions efficiently and easily.
Finally, domestically our corporations are only hiring the highest of skilled professionals and the lowest paid populace to provide a variety of service for our economy.
At this time in our history there is no end game or magic formulas to create real job growth. It will take at least a decade or more for any possible recovery and you might want to think long and hard about that one.
