I laughed at a guy several years ago who claimed that what these big multi-national companies really wanted was to be just like Foxconn with huge dormitories and guards to keep the workers in them until their next work shift let them into the factory to work.
I’m not laughing anymore.
Today I look around and I see these huge companies not wanting American workers because we are to ‘old’ or we cost too much. Yet they want us to buy all of the stuff they make and provide. How can we do that if we don’t get paid a prevailing wage? Answer: We can’t, which leads us to the inevitable point that the entire world-wide economy may just come crashing down.
The survivors of that will be the lucky and the prepared. Personally I think the lucky are going to out-number the prepared.
dittos!!!
They’ll just sell their crap in countries where people have jobs...like china.
“Today I look around and I see these huge companies not wanting American workers because we are to ‘old’ or we cost too much.”
It is because you expect a certain standard of living (which probably touches on both of your points), especially if you want to have a family.
“Yet they want us to buy all of the stuff they make and provide. How can we do that if we don’t get paid a prevailing wage? Answer: We can’t, which leads us to the inevitable point that the entire world-wide economy may just come crashing down.”
Actually, most of their customers are in Asia now, with their new rising middle classes that have our former jobs.