Here are the factors restraining job growth, in no particular order:
Scared Americans are spending less and saving more, fearful that their job will be cut next.
Automation, machines, and particularly machines run by computers, has been putting unskilled and some skilled workers out of work for years, and the trend is increasing.
Outsourcing by our big companies to get cheaper labor and to avoid paying benefits to Americans. Remember when Bush said not to worry about the 7 million manufacturing jobs lost during his 8 years because service sector jobs will take up displaced workers? You betcha!
Stingy banks that have gone to the opposite extreme from loaning money like it was toothpicks to not loaning money to people who do show repayment ability.
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Michael Lee Bugg |
America: a beacon of light with more work to do
Editor's Note: Brother Aaron Dowdy of the Clinton First United Methodist Church asked futurist Ivan Potter to share his thoughts on America, past, present and future on the 4th of July. Here is the transcript of what he said.
"...We have, since day one of our birth, been “the beacon of light" in a world clouded with darkness and the shadows of slavery, hunger, ignorance, war, and man’s general cruelty to man.
However, somewhere in the hope of the 1980s we, as Americans, lost our way.
No, let me be brutally honest.
My generation of baby boomers who voiced a new idea of change with our government’s polices in the 1960’s and 1970’s lost our way...." See the full story ...
Ivan Potter |
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