You realize even 6% is historically pretty good. And that was high mark of Bush's tenure.
So obviously job growth was fine under Bush and all the screaming about off-shoring is coming from people with very short memories.
Actualy, the high point was 7.8 when he left. and the economy was bleeding jobs at that point.
And, yes, the offshoring is a problem. Replacing good paying union jobs with benefits with jobs at Wal Mart without benefits isn't an improvement, it's a step back.
But I never understood the fixation with factory jobs. WHo the hell wants to work in a factory?
I work in a factory, and I rather enjoy it. Mind you, I'm in the office, but I go down to the line pretty often to make sure things are going well.
If you don't understand why we need manufacturing capability, then I can only conclude you are some kind of high-functioning retard or something.
Walmart employees actually have pretty good benefits. Better than most private sector companies.
Union membership is at an all time low and shows no signs of ever returning to the high pct. of the 60's when union membership in the private sector was over 30%...it's 7% now.
SO the disappearance of "good union work" has had little to do with it.
In fact it is unions that helped push work to other countries...
BTW, there are about 1 million jobs being done in other countries that would have been done here. And half of those are entry level service jobs such as call center work.
http://en.wikipedia.org/wiki/Offshoring...Note the figure of 1% which represents to total percentage of jobs that could be done on American soil that are done elsewhere..
Now for a different perspective here is an editorial, not a news article, but an opinion piece from
The Offshoring of American Jobs: An Economic Catastrophe in the Making?...
Now in the first few paragraphs you'll see the alarmist tone of the piece "millions and millions and millions of jobs".....Now please. Oh and the writer goes on to say these are "high paying jobs"...No they are not....Most again are entry level or low skill jobs that pay low wages.
I would say through my research the most hard hit of all industries where high skills are needed is in the IT industry. I think one in four IT jobs is done overseas.
IT is an occupation where a point of presence ( POP) is not necessary. IT work does not even require an office. IT people can work from anywhere there is a secure internet connection available.
One thing the pro union crowd and the anti profit crowd fails to mention is the number of foreign owned companies that have located right here in the USA that hire and employ AMERICAN workers.
In some liberal circles those jobs "don't count"..Why? The left claims, " the profits go offshore"...What does the left care about profits anyway. According to the libs profit is evil..
And of course we get down the real issue....The Left does not like foreign companies in the US because they refuse to bargain with organized labor...
Good union work...Please....