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7/1/09
Job Losses Post WWII
2 comments:
M.D. Knight
said...
Companies will see their revenues drastically decline more over the next few years to come. Do to the serious decline of Industry/Manufacturing in the U.S. which is one of the biggest players in the U.S. economical crisis. A country must produce at least 60%-70% of its User Products in order to survive as a productive nation. Do, the fast track of global trade, the U.S. has allowed a large majority its Industrial/Manufacturing, I.T Services and Customer Service centers to be phased out to other countries, in order to increase company revenues. By doing this the U.S. has placed its self on the fast track to becoming a 2nd/3rd world country. The U.S. economy will keep continuing to decline. It will only turn around when the U.S. passes very strict new trade regulations and taxation on American companies profiting off of overseas slave labor. Workers in China average 0.15 cents per hour and work 12+ hour shifts, 6 days a week making products for U.S. companies. Until Major Manufacturing is brought back to U.S. we are all very screwed economically…
Please note: Bringing manufacturing back to the U.S.A. “WILL NOT” raise the prices of items we buy. It will only hurt the wealthy by cutting their greedy enormous profit margins and the stock market will also have problems for a brief period readjusting to the change. Since the people on wall street aided greatly in creating this economical mess as well with their any way to make a buck attitude. New stricter regulation will need to be passed in order to limited the creative deceit of wall street..
Things will not improve until the people say enough is enough and stand together as one great voice and demand immediate change…
2 comments:
Companies will see their revenues drastically decline more over the next few years to come. Do to the serious decline of Industry/Manufacturing in the U.S. which is one of the biggest players in the U.S. economical crisis. A country must produce at least 60%-70% of its User Products in order to survive as a productive nation. Do, the fast track of global trade, the U.S. has allowed a large majority its Industrial/Manufacturing, I.T Services and Customer Service centers to be phased out to other countries, in order to increase company revenues. By doing this the U.S. has placed its self on the fast track to becoming a 2nd/3rd world country. The U.S. economy will keep continuing to decline. It will only turn around when the U.S. passes very strict new trade regulations and taxation on American companies profiting off of overseas slave labor. Workers in China average 0.15 cents per hour and work 12+ hour shifts, 6 days a week making products for U.S. companies. Until Major Manufacturing is brought back to U.S. we are all very screwed economically…
Please note: Bringing manufacturing back to the U.S.A. “WILL NOT” raise the prices of items we buy. It will only hurt the wealthy by cutting their greedy enormous profit margins and the stock market will also have problems for a brief period readjusting to the change. Since the people on wall street aided greatly in creating this economical mess as well with their any way to make a buck attitude. New stricter regulation will need to be passed in order to limited the creative deceit of wall street..
Things will not improve until the people say enough is enough and stand together as one great voice and demand immediate change…
Sincerely,
Marcus D. Knight
Economical & Investment Advisor
11/13/2009
What would most likely happen if asset valuations continue to fall?
Would underfunded business and municipal pension funds collapse?
Would incoming capital gain and income tax revenues fall further?
Would Federal, State and City tax revenues continue to fall?
Could corporate and municipal debt defaults accelerate?
Would business failures, unemployment, and foreclosures spike again?
Solution: Inflate
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