|
Sending jobs overseas.
It's been argued that Henry Ford help create the middle class when he more than doubled the daily wage paid to factory workers... sales of cars increased as many of his employees could now afford a Model T. There was a big ripple effect though the economy.
Now we're doing the opposite. The jobs are going overseas along with the income. China and India are getting the money instead of the American workers. Now THEIR middle classes have exploded which has resulted in the run up in energy demand.
__________________
Lee
|