Who will have a job anywhere pretty soon?
Per today's paper, massive payroll trims at Caterpillar, Sprint Nextel, Home Depot, ING, Pfizer drug, GM, Circuit City (completely gonzo), Qwest, Western Union. 12,000 restaurants to close nationwide this year. I've personally noticed the folding of A & W, Bennigans, Black Angus, Steak & Ale, Ponderosa, Bonanza. Sounds like an old Twilight Zone episode.
Our descendants will soon be living in a very different world. My take, we
the people (UPS excluded - we are well paid thanks to the union) haven't been getting decent raises since the '90's and are hesitant to buy anything. And why have our incomes failed to rise? Outsourcing. As I was told when my UPS admin job went south, "we're trying to get rid of as many of you as we can." Quote unquote.
We've helped China and India come into their own at the expense of ourselves. Big business is removing the human element and replacing it with profit motive. Yeah for us.