Because "those people" aren't competitive with technology and overseas workers in terms of how much it costs to hire them. Also businesses are doing the same with less instead of trying to do more.
And why is that?
Because "those people" aren't competitive with technology and overseas workers in terms of how much it costs to hire them. Also businesses are doing the same with less instead of trying to do more.
So you're saying that government backed loans for the low end had nothing to do with this debacle? LOL. O...K...then.No offense, but you really have no understanding of this issue.
Inflation is how you can have higher profits in dollars with less demand.Huh?
But it has become easier to do outside the US than inside, which is the problem. This isn't rocket science. We have created an aversive business environment, worried more about things other than technological advancement and economic growth. Emerging countries like China are more business attractive. Until those forces balance out in US business's favor, which will happen, then we're going to have high unemployment. Heck we import a lot of labor to start with.But one of the plusses the US economy has always had is that millions of heads are trying to find answers that will make money.
So you're saying that government backed loans for the low end had nothing to do with this debacle? LOL. O...K...then.
I didn't say that or even suggest it. Not sure where that comes from.
Not trying to be a jerk, but that is really simple con law question: taxing and spending
(see also necessary and proper)