Avoiding the Coming Wave of Economic Collapse
OPS_admin | Feb 28, 2011 | Comments 0
The labor force is being quietly redeployed into lower-paying service, retail, hospitality, assembly, or distribution jobs that are transient, do not support communities, careers, or provide benefits.
America is sailing into dangerous economic waters, chiefly due to our massive debts and inability to manufacture competitively. The months ahead could determine the success or failure of the nation’s economic course; will we right the ship- or sink into the history books as another former superpower.
Vanishing Industrial Base
Opportunities to produce goods in America have all but vanished; nearly all manufactured goods now come from overseas. The labor force is being quietly redeployed into lower-paying service, retail, hospitality, assembly, or distribution jobs that are transient, do not support communities, careers, or provide benefits.
Even vaunted finance, high-tech, medical, and academia jobs are being pressured by the surfeit of talented college graduates who are dumping their elected disciplines to “follow the money” into these few remaining propitious fields.
Full Story Here: Avoiding the Coming Wave of Economic Collapse | Economy In Crisis.
Filed Under: Economy - Labor


The modern conservative is engaged in one of man's oldest exercises in moral philosophy; that is, the search for a superior moral justification for selfishness.
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