[riri]

It took 5 years to recover from Jimmy Carter's recession and the unemployment rate was in the double digits and well into Reagan's 3rd year in office it was still over 8%.

I hope you are correct. The big difference is we weren't shipping entire professional, white collar departments and divisions to 3rd world countries during, before or after that recession.

[MJY1288]

"The big difference is we weren't shipping entire professional, white collar departments and divisions to 3rd world countries during, before or after that recession"

You have a point there, but we are LOSING those jobs not just because of the cost of American labor, it's all the hoops companies have to jump through to employ a labor force here. Between all the OSHA requirements, frivelous law suits for things like fat in McDonalds Hamburgers, Law suits over workplace ergonomics, racial quota's, insurance policies needed for everything from the "Family Leave Act" to disgruntled employees killing the hired help, and not but not least..... Terrorism insurance on the building used to house these workers.

It's no wonder nobody wants to hire American labor. The Lawyers and Labor Unions have done this to us, not this President

[TopQuark]

. The big difference is we weren't shipping entire professional, white collar departments

No, but we did that with TV set production, steel, and a few others. Before that we did the same with railroads.

I guess, you it's different for you because you were not affected.