It would be honest to explain these things to American people. A rising stock market, and an APPEARANCE of national wealth from looking at the listings on the NYSE do not necessarily mean that the common man in America is always going to have a job in the manufacturing sector, if that’s what he hopes to have. A name brand firm, with its head offices in the United States could have rising stock values even if it employs no American manufacturing labor (theoretically). That’s my “So.” Let’s just tell people that.
I don’t believe that the United States government should be in the business of doing any kind of socio-economic engineering that especially favors companies that move all its manufacturing abroad. If companies do so, that’s fine, but it should be without EITHER hindrances or help from the Fed.
I wasn’t being defensive or sarcastic... I was telling the truth. Again the days of working at the same job for life is no longer there.. I don’t like to live in a protectionist economy.. It has been always a failure.. As for the common man, well the common man shouldn’t depend on the government for their job. The common man should find ways to better themselves....