I'd like people's ideas on the following suggestion.
Given that 4 out of 6 people in the world live on the equivalent of less than 10 dollars a day, adjusted for local conditions, and given one BILLION people live on less than 1 dollar a day, aren't we staring in the face a gigantic untapped consumer market? In other words, isn't every drop of effort that goes into giving these people a standard of living whereby they have some DISPOSABLE INCOME also therefore a drop of effort that goes towards giving AMERICAN COMPANIES potential new customers?
The US is very near a total and fundamental rebuilding from it's dependance on the US Dollar being the only global reserve currency. It gave that country a dominance it is now ever more quickly losing to the rest of the world for it's enormous, unresolvable debts.
Why the US complicates it's intigration into the global community by not being metric by now and removing 95% of all military expenditure which are simply absurd considering where this country ranks in the world in most other aspects, is simply an open question not much talked about in the US today.
Maybe, but what American companies are actually producing products? I haven't seen anything without the "made in China" stamp on it in a few years.
America can't sell anything to the world and develop anything around the world, as pointed out already, we don't produce. We're a "service economy", I'm 29 years old, I'm a part of the "service generation". I was born into a job as a servant, I will spend the rest of my natural life working as a servant, and I will die as a servant. I will die, being houseless and possibly without a family so to speak, making way less money than my father did. In my world, housing is a luxury, not a basic human right for survival. Only the rich can afford housing and I have the right to rent from them, that' it.
I will know a world without innovation, where my "skills" are measured on how I smile at people, talk, use body language, and customer feedback forms where anyone can say anything without much substance. How much I get paid is no longer based on my production or intelligence, but the opinions of others and my amassed college credentials.
Chances are I will die at an earlier age than my father, without a dime in my pocket for my retirement. In fact, retirement at this time will be considered a mystical word that people believe is used by fictional movies in the late 20th and early 21st century. People will view the word retirement the same way they see Santa Claus and the Easter Bunny. I will literally kill myself working to death, or more accurately, kill myself while trying to find work to death because as I age, I will be considered less and less attractive in the smiling to the customers department.
Companies flee the USA because the USA is not business friendly.
In the words of Winston Churchill "Some people regard private enterprise as a predatory tiger to be shot. Others look on it as a cow they can milk. Not enough people see it as a healthy horse, pulling a sturdy wagon."
Unfortunately, far, far too many in the USA look at it as a tiger to be shot.
Once the appreciation for business and what it can do comes back to the USA, the regulations recede back to oblivion, jobs will come back.
Blaming China, Vietnam, India, Mexico, Canada, Brazil or anywhere else for welcoming companies in that the USA is driving out, is foolishness. Why blame them for what we are forcing on the companies that are fleeing?
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