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U.S. Job Loses; No End In Sight:

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Mike Folkerth
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The results to date of this shift in manufacturing to the poorest nations on earth are that some 3 Million workers have lost their jobs in manufacturing since 1998.

This trend will continue to the point that manufacturing nearly anything in the U.S. will be impossible from a labor and cost standpoint.

We now go back to yesterday’s column regarding the U.S. sinking to third world status. No job? Down you go. Just that simple.

Yet we have many politicians who calmly dismiss these issues as simply as calling for government to pay for re-training. Oh yes, the grand and delusional plans of our government. We’ll simply retrain welders to work as computer program analysts. Carpenters as stock brokers. Machinists as insurance salespeople. Sure we will.

I have a terrific idea. How about come election day, we don’t re-elect anyone? We prohibit past politicians from becoming lobbyists, and all of the displaced politicians can attend re-training classes for their new careers.

We need new leadership, totally new leadership. Middle America is dancing on the edge of the volcano. What’s that rumbling sound?

Wake up Middle America; the last trains pulling away from the station.

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Mike Folkerth is the author of "The Biggest Lie Ever Believed" and is not your run-of-the-mill author of finance and economics. The former real estate broker, developer, private real estate fund manager, auctioneer, Alaskan bush pilot, (more...)
 
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