... Report on The Economic/Employment Markets
© 1993 - 2011 All Rights Reserved 15th Printing
for some time. Indeed, the past several years have seen some rapid, dramatic changes in our society and the way corporate America does business as a
whole. It is said that we are changing from a manufacturing economy to an information, service based global economy. The effects of these changes in all
areas of people activity, will, in all probability, continue to be rapid and unsettling for some time to come. Many individuals, families, communities even
whole industries may not survive; at least not as we once knew them. Many institutions, cultures and societies, for various reasons and to varying degrees,
are at risk.
THE BAD NEWS FIRST
In the next several decades to come – the U.S. Economy will continue to loose what used to be solid good paying jobs in large numbers, while
creating fewer low paying service jobs.
Regardless of the type of business or industry – no measure of “Job Security” exists any more, not even for Government employees: city,
county, state or federal. Super Professional, Doctor, Lawyer, Nurse, White Collar, Blue Collar, No Collar; all in the same "Leaky Enterprise."
Regardless of your education, job title, economic status, earnings, savings or investments; regardless of “high tech or low tech;” regardless of
what part of the country or world you live in – America (U.S.A.) amongst others have become almost totally dependent upon industries,
standards, business and management philosophies, local and national institutions that can not keep pace with (out-of-sync. with) the new
global realities of the “Post Cold War / Post Industrial Revolution “business and socio-economic climate. These “Global” conditions are the
result of what one prominent author calls “Mega Trends” another calls them “Power Shifts” – stated more simply: massive changes affecting
all areas of culture and society without respect to national boundaries. Governments, Big Businesses and the Super Wealthy Elite are still
using Industrial Age methods in their attempts to maintain the status quo – their solutions are expediently motivated by greed and profits and
often cross that fine line into corruption. Their number one solution: Costs Cutting; massive lay-offs, out-sourcing, price fixing and nonunion
cheaper labor markets in underdeveloped nations. The American Employee is thus thrown into direct competition with cheap immigrant,
migrant Alien and overseas economies and labor markets financed in whole or in part by American tax and petro-fuel dollars.
Analysis
Manufacturing and Services are shifted abroad resulting in the reduction of American Consumer spending in some instances as much as
100%. This in turn further reduces profitability because now the American Consumer can no longer purchase the products and services that
have been shifted abroad. Corporate America’s greed disguised in the rhetoric of competition and profitability is literally destroying the only
Consumer Markets that can afford the products and services they sell. American citizens thus abandoned and alone; must cope, adapt and
figure out how to survive in these tough economic times. Most report "consumer spending has dramatically decreased, decreasing"... ...
