Not surprising. When you take a great portion of the middle class and relegate them to low-paying service jobs by shipping manufacturing overseas, this is what you get.
“Not surprising. When you take a great portion of the middle class and relegate them to low-paying service jobs by shipping manufacturing overseas, this is what you get.”
Agree. But, it’s concerning to see people financing autos for as long as 72 months and much longer. These people will never be right side up on these autos. By the time the note is paid off the car will be junk and worth little to nothing. It does say something about the sense of entitlement that permeates throughout our country though. Whatever happened to the notion of deferred gratification?
Starting with an old beater, then as one’s financial circumstances improves progressing to a better used car, then perhaps to a new one, etc, etc? Answer; gone baby gone.....
“Not surprising. When you take a great portion of the middle class and relegate them to low-paying service jobs by shipping manufacturing overseas, this is what you get.”
Yeah, you’re right. But, manufacturing companies must maintain cost and price competitiveness to stay in business. But, there is hope; should we (GOP) take back the senate during the midterms and then the presidency in 2016, perhaps we can open up drilling on public land, build the Keystone Pipeline, staff EPA with people with a brain, congress write some business friendly and growth enhancing tax laws, etc, etc. if this should happen then you would see manufacturing return to the US in droves. Hey, a guy can dream can’t he? :)
“When you take a great portion of the middle class and relegate them to low-paying service jobs by shipping manufacturing overseas, this is what you get.”
A lot of this is inflation as well; the government denies it exists to suppress Social Security increases, while at the same time cheering minimum wage hikes to deal with it.
The worst thing is that this story could’ve been released five years ago, but was deliberately suppressed. Anyone with eyes saw this happening, and either voted in response to it or bought the media lies about it.