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Friday, August 26, 2011

The Gilded Age and Third World America

(Originally Posted August 6, 2011)

The past 10 years have been a contrived little dance to (a) allow the rich to steal from the poor (Robin Hood gone BADD) and (b) make U.S. workers -- who are certainly better, in most cases, than their "off-shored" replacements -- a little less "uppitty" and more willing to work for less.

I have said repeatedly that a controlled demolition of the United States economy (much like the controlled demolition of the Towers and Building 7 on 9/11) was happening right before our very eyes and it was being done, primarily, to drive down labor costs.

Since now many Americans are willing to do pretty much anything to survive, look for businesses to begin hiring American workers in droves in the VERY near future . . . I said last year (and have repeated it ever since) jobs would be more plentiful after August, 2011, and here is the reason why I predict this to be so.

Jobs, in my opinion, will be easier to get, starting within the next 4-5 weeks -- because now American workers are less costly (when you factor in transportation and logistics) than their foreign counterparts. Don't expect wages like the old days, but more people will be working again, very soon.

The "best of the best" in the U.S. will (as I predicted years back) start going to Europe and Asia to work on contracts. THAT is where the money is now. But widespread unemployment in the United States, at least at the levels we've seen for the past 3 years, is about to change for the better.

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