tag:blogger.com,1999:blog-53246864840716464.post3984213940195426666..comments2024-02-29T00:46:38.800-08:00Comments on Washingtons Blog: Has America Suffered a PERMANENT Loss of Jobs?Unknownnoreply@blogger.comBlogger2125tag:blogger.com,1999:blog-53246864840716464.post-76336158019591650482009-12-09T15:45:12.569-08:002009-12-09T15:45:12.569-08:00One thing you can bet your bottom dollar on is bus...One thing you can bet your bottom dollar on is business trying to lower overhead. American work has been highly valued (some might say overvalued) for decades due to high productivity. That productivity was mostly the result of a vibrant education system and the application of technology. <br /><br />The technology has spread and the educational system has atrophied here and strengthened globally. It no longer makes any economic sense to pay so much more for American labor (not even accounting for the high American corporate tax rates). The only jobs that won't get exported are the ones that can't be exported, unless America regains the lead in productivity or American wages come closer in line with global averages.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-53246864840716464.post-78631610777795313962009-12-03T15:41:29.163-08:002009-12-03T15:41:29.163-08:00It has been my take on a limited scope that those ...It has been my take on a limited scope that those who are on unemployment are not willing to accept jobs at the $7.50 to $9.50 range and would prefer to continue their unemployment compensation. Who's taking over? Walmat and the "box" stores? I fear that is the future.Anonymousnoreply@blogger.com