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The U.S. is in decline. Manufacturing will not return from China. Unions got too greedy asking way too much for semi-skilled labor, and corporations got too greedy and moved out of the U.S. so they could pay next to nothing for labor (like Apple/Foxconn).
In either case, companies and labor blaming each other won't bring the jobs back. Buy an Apple product and support the Chinese. Buy just about anything and support the Chinese.
It doesn't matter how cheap the products are if we don't have jobs and money to pay for them.
I guess they count the people whose unemployment benefits run out as returning to work. In the last couple of months I meet more people laid off or out of benefits, than I have of people returning to work.
10 industries bouncing back, WHO WHAT, AND WHERE???????
They talk and talk, and yet they say nothing. IS this all we can expect from this **** GOVERNMENT
Something a bit disturbing - we are awarding scholarships to foreigners (intellectualy superior kids) in huge numbers. Neither they nor their parents have payed taxes into the system that awards these kids scholarships - that comes from the American taxpayer. These kids get to live and be educated here, then they become business owners, bosses, and powerful citizens here. They then become our children's bosses.
I believe in giving people what they deserve, and these kids deserve something, but not the American taxpayer's money to displace Americans. That should be reserved for Americans. I am 54, returning to college to get my engineering degree on 'the dole'. I am disabled after working my entire life, and I hate being on this dole. So I hope no one is angry because I'm 'taking advantage of the system'. But it is a system I've payed into all my life, and I'm trying to better my life and that of my family's. However, when I see foreign geniuses using money of the American taxpayer for an education that is going to displace my children, then I take profound issue.
Most all the kids I meet in college are extremely bright, courteous, good people. But most of them are doing so on student loan money. The American 'dream' is no more. Most can never assume they'll be able to attend college. If ever we should have a 'dole', it should be to send American kids to school, especially to college, because college is what creates the engineers, scientists, etc., that create and innovate technologies that demand jobs of all strata of people.
It started with George Bush senior. Lets ship our industries overseas. First Mexico then China & lets sweeten the deal with Tax breaks. Even the Mexicans are looking for a job. They don't call it the rust belt for nothing. Big business sent it overseas & sold out America. They made "healthy" bottom lines while while we got it in the behind. Bring back the manufacturing to America, pay a decent wage & watch the economy rebound.
I see China is fairing well with all the jobs America threw at them not mention the crude oil that is shipped to be refined whilst American refineries lay idle , wonder why you have so many workers with idle hands ????????????????
Everybody stop buying fuel for just one day and watch the price come down , the whole system would get backed up .;
In what world?
How's that gas pricing working out for you?
Unemployment -- STILL a HUGE NUMBER and YES - it dropped when you count $8.00 an hr, menial jobs at Burger King - BIG DEAL , IT MEANS NOTHING!
Housing market - a joke
Let's not forget the deficit -- you know the little number that Obama quadrupled????
Every man, women and child in the USA now has over $50,000 of debt on their backs!
THANK YOU OBAMA , THANK YOU!!
Yes we are much better off!
We WILL be in Nov when this empty suit gets his a$$ booted out!
When will people realize that both the democrats and republicans are responsible for the mess we are in. It is time for a new way of looking at problems and applying common sense and constitutionality to our laws. We need less government and more liberty. The political scene today, with one exception, is a dog and pony show that only results in more government. Restore liberty and let a truly free market rule.
LETS STOP SHIPPING OUR JOBS OVERSEAS EVERYTHING IS MADE OVERSEAS NOW DAYS LETS START MAKING THINGS HERE AGAIN MOST OF THE MIDDLE CLASS DEPENDED ON THOSE JOBS AND NOW THERE GONE EVERYONE CANT WORK IN A OFFICE OR BE BEHIND A COMPUTER LETS MAKE MADE IN THE USA MEAN SOMETHING AGAIN AS SOON AS WE START MAKING THINGS HERE AGAIN WERE HAVE JOBS AGAIN
This is bull. Manufacturing..? really? Maybe Healthcare...but its the COST that is bouncing Upward!
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[BRIEFING.COM] S&P futures vs fair value: -1.00. Nasdaq futures vs fair value: +1.20. The S&P 500 futures trade one point below fair value amid mostly upbeat overseas action.
Reviewing overnight developments:
- Asian markets ended lower. Japan's Nikkei -1.0%, Hong Kong's Hang Seng -1.8%, and China's Shanghai Composite -2.9%.
- Participants received several economic data points:
- China reported a trade deficit of $22.98 billion (surplus of $14.50 ... More
- Participants received several economic data points:
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