04-04-2008, 03:35 PM
|
#8
|
|
PatsFans.com Supporter
Join Date: Aug 2006
Location: East Cup Cake
Posts: 16,536
|
Re: La-Z-Boy, Whirlpool Moving Hundreds Of Jobs To Mexico
Quote:
Originally Posted by Real World
One of many. Worse is that NAFTA was supposed to be a boon to Mexico. Friendlier trade would allegedly mean less illegals running across the border sucking our social services dry, while depressing the wages of working americans. LOLOLOLOL. This country can't get anything right.
|
Could this lead to another depression?
Loss of jobs,stagnent wages lay-offs more and more people de-faulting on they're mortgages,car loans, and credit cards. Inflation has doubled in the last 2 years. The bottom line as it was in 1928-29 is that in both cases there came a point when not enough consumers could afford to by goods and servacies, and buisness's collapsed. For every manufacturing job lost it affects (7) other jobs. And I've been watching it happen for the last ten years. I stand by my idea that sometime soon something has to happen to stop what has been going on,or the cosequenses could be bleak.
__________________
S.H.E.S.
I Likes Spikes.
|
|
|