Question:
Much to the dismay of liberals, the US economy produced 57,000 more
jobs last month. Why would more jobs make liberals unhappy, you say?
Well, that's a topic for another thread.
Answer:
I think ole Cas is practising the politics of desperation. 3.2
million jobs lost and he goes beserk about 57,000 new jobs.
Personally I wouldn't trust the Labor Department's figures. If Bush
and Corp. can get the CIA, the EPA and others to change the stats
or the information , then why not the Labor Department.
Yes. Jobs are the real problem. If the vitallity of our
economy continues to decline, then one day we may be
scrounging arround in market segments that countries
like India and China refused to participate. We may
really need a social safety net then, unless the worker
plans to immigrate to say India where the jobs will be!
Already, my friends tell me that Hong Kong is a good
place to go for a young person just starting out in the
telecom industry. It wasn't too long ago, that Germany
was the major destination for students of the sciences,
and technology.
If one looks at France of the 1950-60s, which was mostly along,
would would not have predicted its present state at this time, nearly
50 years down stream.
Much of America`s prosperity was based on natural resources. The 20th
century has been termed as the century of oil, it started out on coal.
Warships functioned poorly with it requiring constant and difficult
refueling and the switching to oil was a big step. By WWII, the US
was the major international supplier of oil. Germany was so oil poor
that it could not use trucks in their military supply and support, horse
drawn vehicles were heavily used by the Germans.
The US had mineral natural resources too. It still does but there
is shifting to obtain these resources from Siberia and Mongolia.
The US has essentially ran out of oil and gas and needs to import these
items. Its manufacturing industry is partly shifting overseas.
In the automobile industry, the total market share of the US market
has shifted such that the 50% mark is approaching, having dropped from
the mid-70s for US manufacturers. Ford is in financial difficulty at
this moment.
Europe, for a long time has function without natural resources. The once
vast coal mining industry in France has essentially gone to zero. The use
of nuclear energy for power is a matter of necessity. Fortunately, France
has historically had the scientific and engineering talent to build up
that industry, produce first class automobiles, trains and airplanes.
