Friday, February 13, 2009

Buzz words...

How do we get people back to work in an economy that no longer makes things? The buzz words retrain, adjust and stimulate somehow come up short in our current situation. We have gone from an industrial power house to the new FIRE (finance insurance & real estate) economy. The link gives a so so explanation of it but you will get the idea. In my state, North Carolina, what do we do with thousands of poorly educated textile and furniture workers? Back 30 or 40 years ago a job at the local plant was today's government job. You had it made! The company took care of everything. Sure. you were never going to be rich but you always had a roof and a place to be 40 plus hours a week. Down turns came and went. Draw a little unemployment until things turn back around and repeat. Now how will it work? So many of these jobs are gone for good this time. Will the stimulus plan work? Sure, with that kind of money being thrown around a lot of people will go back to work doing something but for how long?  Where is the long term answer? The business people get on TV and warn us all of not going back to "protectionism" and "isolation" but these are not the same people trying to get by on a small weekly unemployment check. Sure, we cannot go back to the world of 200 years ago where we did our own thing  but do we have to compete with places with terrible human rights records, wages measured in pennies and no environmental regulations? Somehow this is supposed to benefit our economy and help create jobs here. Immigration is a great way to keep America healthy and dynamic. The way the powerful are using it today merely to drive down the cost of labor for their own short term financial benefit is making it much harder for people here to find work paying a living wage. In typical American fashion, many here blame the poor slobs fleeing terrible living conditions in their own country. It is divide and conquer at it's finest. They would be better served to follow the money where ever it leads... We hear a lot about change, another buzz word, lately. The current system here is broken and WILL change. Will we be able to manage the real change on the way?        

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