Ingredients?

That's ok, Ron, I'm pretty darned ignorant about World Economics myself, even tho that WAS a secondary course of study for the old accounting degree just TWO years ago......us old farts will be ignorant together.

Where we are in Tn we had a ton of sewing factory's now are closed and jobs sent to mexico.
My husbands parents were both layed off, try being 60 yrs old, not old enough to retire but having to try to learn a new trade to make a living.
 
 

Cindy, I agree that the outsourcing of jobs is a terrible thing.  Now, it would SEEM like since the companies are paying less for labor, WE should pay less for the product, but that hasn't happened.
 
My only point about Unions was that while they did some really GOOD things, they got flat out greedy and screwed themselves and US in the process.  When I bought my first car in 1972 I paid $1900 for a brand new Ford.  You can't buy a rusty bucket of non-working bolts for that today.  The house that my folks sold in 1977 for $75,000....a HUGE increase over what they paid for....is listed again and the asking price for it is ALMOST a million bucks.  My thinking here is that yep, wages did go up, but PRICES went up one heck of a lot faster.  My Mom lives on the same pension that she lived on in 1978 when my Dad died.  Her SS isn't very big, cuz she didn't MAKE a lot of money by todays standards.....had my parents not invested carefully, had my Dad not really been adamant about saving to take care of my Mom after he was gone, she'd be destitute.  My MIL figured that she wouldn't live alone for so many years, and blew threw the very careful savings my FIL had done...and she IS darn near destitute.  But, when we send her money, she just pees that away on junk too.  She hasn't learned anything and I'm not in a position to support her impulse spending.
 
Our economy is in a horrible mess.  No question.  And people are being SERIOUSLY HURT by the outsourcing.....but lets look at WHY it happened and WHO encouraged it in the first place.  Unfortunately, with our present administration, the buck doesn't stop where it ought to...there is always a fall guy.
 
OK, stepping down from the political soap box now......

Glenda,
I 100% agree with you on unions and greed, The Ford co. is a perfect example.....
 
 

If anyone is still talking unions ----- I agree that Unions have gotten greedy, but I also think that every person has the right to go for the best $$$ he can get. I don't care if the garbage man makes twice as much as me, so long as I feel I am being fairly compensated for my work. However, what I particularly dislike about Unions is the fact that they have the ability (and use it!) to totally disrupt my life and impact negatively on my ability to do my job. I would love to see it illegal for any public employee union to strike. I hate having my services I pay for disrupted!

Ignorant old farts of the world ... Unite!
 

OK, stepping down from the political soap box now......

 
Yeah, but you raised several good points. And perhaps, exorbitant wages that are required so that a worker can afford the union raise the price of goods. My earlier point was that the car companies are building cars in Mexico at a third of the labor cost but they are still charging union prices.