Quote:
Originally Posted by jplinville
Most of my professional and adult life was spent in and around Dayton, Ohio. This is the town that created things we take for granted, such as the electric automobile starter, the easy-open can, the cash register, and many other inventions. Today, it is being turned into a service based economy with low paying jobs or jobs that require years of education and skill, with nothing in the middle. The middle class has been changed, and there's no glimmer of hope that it will ever change back.
In a town where skilled trades used to be looked up to, and a toolmaker was considered an unobtainable goal without 15+ years of training, many are forced to take lower paying jobs in the service industry, killing the dreams of many in the area.
This is the town I came from...the town where innovation and "thinking outside fo the box" used to be the norm. Today, surviving from one paycheck to the next is the hope of most.
Sure, we could all blame Obama for the mess, but it's not all his fault. However...Obama hasn't done enough to quell the jobs from leaving the borders of the US either. He hasn't agreed to lower corporate taxes enough to make manufacturing attractive in the US. Manufacturing, if you remember, is what builds economies...taking nothing, and turning it into something that everybody uses on a daily basis.
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These changes we started by the Reagan administration to destroy the unions.
Tax and import tariff incentives were given to American businesses to transfer operations offshore.
China has a booming economy because American manufacturing was transferred over to that country and American plants were closed and US workers lost their jobs.
It's not going to change until those circumstances are turned around.
Impose stiff import duties, remove developing nation status from Asian exporters and substantially increase taxes on American owned companies that manufacture products in China for sale in the US market.