EuroYank
Isn't it unbelievable how Reagan is considered by so many Americans to be the greatest president ever? After listening to the 1st debates among candidates, it seems corporate profits isn't an issue!!!!! As far as I can tell, it's more important than any issues they discussed!
Microsoft is outsourcing work to foreign countries because profits are low and they "can't afford" to pay Americans to do their work! What?!!!! The richest man on Earth can't afford?
It is the most insane thing I've ever tried to think about!
Since 1973, real wages have fallen steadily. More importantly, this decline has impacted at least 80% of the work force even before increases in Social Security and taxes are calculated into the equation. Thus take home pay is seriously impacted in an adverse way thus requiring families to have multiple wage earners. During the period between 1975-1995, the inflation rate rose 183%, while blue collar and white collar workers earnings across all private industry increased a mere 142%. Average salaries in 1995 were $20,559 dollars. This average earnings unfortunately will buy $3,500 less than could have been purchased in 1975. Real wages for most workers in America are falling rapidly.3 The change in lesser buying power is not bringing the Third World closer to our standard of living but in fact is reducing our standard of living in the direction of Second and Third World levels. Extensive competition among underdeveloped countries guarantees future cheap labor markets. Many of these Second and Third World nations disregard constructive environmental regulations and utilize child and prison labor, as well as paying wages which can be as low as $1.00 per day.
This is horrible.
Staticbrain - You are just basically repeating info in the videos, so I assume you did not watch them. (Each post of mine is text with videos with references to get a complete picture.)
Oh and i didnt try to repeat them... you are right i didnt see them... i just read what you posted underneath... Sorry like i said tomorrow... it's 1:29 am here
Commenting by HaloScan
