Worsening Unemployment Map
Although the Dow might be creeping up, the rate unemployment is getting worse indicating the much-talked about gap between Wall Street and Main Street. This time-lapse map showing the worsening conditions across the nation is scary. Although joblessness claims are declining, that may indicate people giving up on looking for a job and trying to ride out the recession incurring debt in the process. No ideas yet on the turnaround mark.
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The turnaround will come when the U.S. government finally ends the 2.5 million jobs/year that
are stolen by foreign workers, and finally ends all H-1B, L1, EAD, OPT, etc programs.
After all, the India government itself does not permit any foreigners to enter India and
9 months ago replycompete for Indian jobs; so why should the U.S. not do the same?
globalization is a bitch, ain’t it? :) Americans want to spread capitalism around the world but not bear its secondary effects? You have to compete with the rest of the world now and not just your classmates. Welcome to the 21st century. Compete or perish.
9 months ago replyAnd Indians want to do the same thing, they don’t want to compete with the rest of the world either,
so that’s why they force their own government to protect India jobs for themselves.
You don’t seem to have any comment on that, now do you?
If Indians don’t have to complete with the rest of the world,
why should us Americans?
Also, I dont think Americans are interested in spreading capitalism anywhere,
9 months ago replyso your statement is moot upfront.
Yes, assuming your statement that India is not doing the same is true, why should America follow India’s lead? India is still very much a socialist country in spite of liberalization and that encumbers its growth. That’s India’s loss and folly.
The way India acts is no reason why America should act that way. I don’t think America ever has or will. I thought America still wants to lead the world. And America spreading its capitalism everywhere is actually a good thing and much welcomed by people in developing countries. I don’t know why you would not believe it.
9 months ago replyWhat I mean is that we should require other countries to deal with us on a fair&balanced basis,
and the way India acts does not leave us in a fair situation. So that does matter.
Like the situation with China, by undercutting the value of their currency, they create an
unfair situation. I am only saying that we as America the country, especially in light of the
current economic recession, should require that other countries deal with us fairly,
and the best way to do that is to begin enacting laws that force them to create a fair
situation for us.
Believing it is a simple matter of talking to Americans – go out and talk to American’s,
9 months ago replyyou will see that Americans are not concerned about spreading capitalism.
It may be great or not great for other countries, but its too expensive a propostion.
Plus, I think most Americans would agree that the people of each country are the ones
that should decide what types of govt/economy they want; if they vote for socialism, communism,
or whatever, then that is their right to do so.
So capitalism is too expensive a proposition? What other economic model do you have in mind? As you admit, America has little control over what system of governance other countries choose to adopt. At the most, America can refuse to trade with a country like it does with Cuba but then it has found it beneficial to trade with China, India, and other countries.
Requiring other countries to level the playing field is done all the time at WTO Summits but it is a tussle. America gives huge subsidies to its agricultural producers undercutting producers in other developing countries. If you must blame anyone for sending jobs overseas, it is American companies who are obviously acting in their self-interest because it costs them less. But the American government and corporations rightly believe that the solution to economic growth is more liberalization and not becoming more insular. Insular countries hardly prosper; ask North Korea.
9 months ago reply