First, we give you the opportunity to check out rant king, *Michael Moore.
5/6 So what are we going to do - continue forever injecting worksaving technology and working longer and longer hours? And flooding the vanishing job market and cheapening ourselves and getting more and more desperate so our lumbermen cut down every single tree and we catch every single fish and we shoot every single animal and we denude the whole plant and all starve to death? Real smart!
3/05-06/99 Rants have been showing up on specific bad or good news pages lately. Today there's a whole series on the "collapse" page.
2/23 Frontpage = Levi's axes 5900 jobs. Geez mabeez.
This is one of those days when the feeling is overpowering -
Because our corporate and industrial leaders have no guideline whatsoever to inform them at what relatively high levels they must continuously invest, or better, reinvest, in their own markets to make those markets sustainable and stable.
They have slipped into the lazy assumption of a "neutron bomb economy". An economy with no people. "Employees are expensive and inefficient. Get rid of them!"
And this answers the burning question, why are all the suck-up standard economists and media always talking so much about the export solution when it's such a small part of our economy and when it's clearly working so strongly in reverse (viz. our history-makming trade deficit).
Answer. It fits right in with the neutron bombed economy - the economy with plants and robots and no people (except a few thousand super-rich to collect and freeze-dry the profits). Under the neutron-bombed economy, they can manufacture all kinds of stuff here without costly employees, and exploit consumer markets elsewhere (where there are still people - magically still with spending power).
The solution? Timesizing, not downsizing.