What's Going On, USA?Richest and Most Powerful Country in the World? If you think so ... but, for how much longer?
Labor imported. Manufacturing and Jobs exported, off-shored and out-sourced
Oil Field, Refining, Steel Mills, Shipbuilding, Automotive industries gone, disappearing or shrinking
Quality Education de-emphasized.
ills hammering the nation: falling housing prices, mortgage defaults and the credit crisis.
lenders stung by the national credit crisis began eliminating or reducing loans
many factory closings agoshrinking manufacturing sector
Manufacturing began a long-term decline more than two decades ago and never recovered.
work force remains geared for manufacturing-era jobs that no longer exist.
As manufacturing declines, many remaining positions are in health services, tourism or nonprofits, frequently low-paying fields.
nonprofit hospital network largest employer. The state and federal governments come next, followed by another hospital chain.
state Department of Labor and Training expects growth in nursing homes
small companies are feeling the squeeze.
heavy tax burden, and a long-running budget crisis has business owners worried about tax increases.
jobs for high-school graduates shrinking
lag in the awarding of college degrees.
astronomical National debt
financial institutions fraud embezzlements mis-management and incompetance
government fraud embezzlements mis-management and incompetance
Richest and Most Powerful Country in the World?
Who are you going to call without giving away the rest of the store? Putin, Chavez, Jiabao?
REF. Link...
See also: Financial Success - The American Dream
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