Why are Americans having such a tough time pulling out of the recession?
~ Roedy (born: 1948-02-04 age: 64)
- During the recession, corporations used hard economic times as an excuse to lay off workers and outsource their jobs to the third world. The jobs are permanently gone. Corporations are now global. They have no special loyalty to the USA as they did in past.
- Good economic times primarily require a surplus of goods and services. The US had bled itself dry with 10 years and 4 months of continuous illegal, unnecessary war in Afghanistan and 8 years and 10 months of continuous illegal, unnecessary war in Iraq. All those people creating goods and services for the war were not contributing any goods and services to the civilian economy. All their production was effectively thrown into a hole and blown up. How can an economy possibly thrive with two such giant parasites?