VIDEO ON MSN MONEY
Right, all of our jobs have left the country and gone to these countries with growing salaries.
It is so disgusting how they lie to the American people....
well lets continue buying all the foreign cars. lets continue throwing piles of money at foreign aid . and lets continue to have our troops across seas. and lets continue to have more and more imported consumer products for us to buy so we can assure are failure as a nation . (sarcasim)
OK, - I would not want to live in any of those countries, but it does point out a problem in this country.
Our salaries are stagnant while others are rising, - not good.
the exception of course are for the top 5 percent of us who are raking it in at the expense of everyone else, We are becoming a nation of Walmart workers since so many of our good paying jobs have been shipped out of this country.
"Forget the lackluster US economy. Here's where good times are rolling.
How about we RESTORE the American Economy, forget Wall Street and corporation inheritors and their PAC parties and get the good times rolling here again.
Sauter and Hess... two overpaid losers (your article isn't worth two cents) and 24/7 Wall Street refers to Cocaine availability to anyplace where REAL Americans work, just ANTI-Americans.
and yet another socialist propaganda piece from your new world order specialists at MSN / NBC.
.6% inflation is not a good thing. The reason why they project labor rates to rise in these countries is because they are being flooded with production sent from us, to China, and now being kicked out from China to even poorer nations in order to help stabilize the economy in China. Long story.
Love the line about them all raising their minimum wage rates as the reason. Ok, so the rates went from a dollar an hour to a dollar thirty an hour. Terrific. So, say you were part of the socialist progressive movement here in the good old u.s..... and we raised our minimum to $15 off the current $7.50 or whatever. Wage rates go up.... but the welder is still making the same, the accountant still earns the same.... only difference is, now there will be a bit of inflation to account for the minimum increase, and a drop in the economy... so more people will be out of work, and having less purchasing and savings power. Add to that, these socialist bottom economies are having to support all the unemployed people who are not tossed into the average wage rate computation...and.... one more thing.... the more a socialist country bumps its wages... the currency deflates and the more they have to tax the workers. And the laundry list of things that make this little propaganda piece just stupid goes on and on.. Just remember.... China is exporting jobs to say ... Vietnam now in droves so they can capture a $1500 a year labor income base versus China's $8000 a year. Next year a Vietnamese 16 hour a day, six days a week laborer will be earning say a 5% increase, or a bump to $1575 a year. Think about what is going on....
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Equity indices displayed strength in the early going with the S&P 500 tagging the 2,019 level during the opening 30 minutes of the action. However, ... More
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