RE: So Where Are All The 'Murrican Workers?
June 18, 2016 at 2:10 pm
(This post was last modified: June 18, 2016 at 2:10 pm by abaris.)
(June 18, 2016 at 1:41 pm)Cthulhu Dreaming Wrote: Who's going to keep our economy afloat with the jobs shipped overseas? Let's let all of cities fall into ruin like Detroit.
It's called short sighted economy for short term gain. If the West runs out of consumers, and that's not as outworldly as it may seem, given that more and more people fall below the poverty lines, they haven't got buyers for their products.
In the case of CEOs it's to rake in the next bonus by pleasing the stock holders. But it's bound to fail. If everyone's earning a pittance, sooner or later there's noone left to buy the goods. Might be another one or two decades, but I see a mega bubble on the horizon, if the whole system doesn't change. Which it probably won't, as long as there's still money to be made. Every incentive is rigged towards short term gain. At least for the ones running the show at present.