We have a lot more McDonalds, Wendy's, Dollar Stores, food stores, Wally Worlds, etc. strip mallsI wonder where people got the money to buy goods at all those stores?
The illegal immigration flood has had the effective result of keeping those wages depressed for years now.
I want to build a wall and send illegals back.
To me, I knew once when the average American could raise a family on those types of jobs, have medical coverage, and pay for a home.
Let me guess, was that when every other manufacturing nation had been destroyed in WWII?
The manufacturing sector of the U.S. economy has experienced substantial job losses over the past several years. In January 2004, the number of such jobs stood at 14.3 million, down by 3.0 million jobs, or 17.5 percent, since July 2000 and about 5.2 million since the historical peak in 1979. Employment in manufacturing was its lowest since July 1950
And yet we manufacture more than ever. We export more than ever. Damn that increased productivity!
So, with 77 million baby boomers retiring soon (born 1946-1964), which is 22% of the entire population
Our population is 350 million? Are you using New Math?
and millions of manufacturing jobs out the window,
A majority of our population used to be farmers. I don't see any starving Americans now that farmers make up less than 3% of the population.
I guess your interpretation and thinking is a results from your outcome-based education and embracing of the recent "NEW MATH
You've discovered a problem with my math? Where?
And if 77 million boomers are retiring, I guess there'll be some job openings?
The middle class will soon disappear.
Now who's using bad math? LOL!
I want to build a wall and send illegals back. I'm with you 100% on that one!!!
According to the US Census Bureau:
The US population is:
U.S. POPClock Projection
According to the U.S. Bureau of the Census, the resident population of the United States, projected to 11/02/07 at 16:46 GMT (EST+5) is
303,271,972
Source:http://www.census.gov/population/www/popclockus.html
BTW, I actually used 330 million for the current population to give the 22%.
I'm not picking one fact to harp one; I'm not a prophet; I've just looked at a lot of data to include official US Census stuff, university studies, and several other non-profit organizations.
My personal opinions have been molded from studying such information since 12/2001 ands the 2002-2003 recession.
Why did the Feds drop the prime 0.25% and then the next day print $41 billion more new dollars?