Webbahs Blog

Friday, November 12, 2004

Fasten your Boots

Fasten your boots, the ride is just beginning.

With the working population growing at 150k a month, the American Capital System is in jeopardy. Gone are many of the manufacturing jobs that supported working class famlies for so long. It's a new dawn in the job market these days.

With a large pool of workers, corporation no longer need to offer benefit packages to attract qualified candidates. This is why there has been a large rise in temporary workers the past decade and a half.

Bush stated in the third debate that the country is moving towards an "ownership society" and in a recent Gallop poll and "greed and materialism" was the number one moral issue.

Ultimately, this will further divide our country into have and have nots.
Further evidence is that home ownership is at a record high, but also are the number of bankruptcies and the number of people entering poverty. This is a bubble ready to burst.

When a computer hangs, the user presses the reset button. The capital system is in much need of a reset. Similar to the stock market crash of 1929. Although, the human suffering would be widespread, it is the best thing that could happen to this country in the long run as greed is out of control.


  • You forgot to mention that many jobs in high tech that should be going to American workers are being filled by foreign workers with Work Visa's. At last count many high tech companies are at 50% foreign born employees working in the USA.

    By Anonymous Anonymous, at 8:42 AM  

Post a Comment

<< Home