Friday, October 28, 2011

Where Have all the jobs gone?

Can you guess what this graph represents? Ok, it has a title so you know. This is a depiction of the number of people employed in the manufacturing sector since 2000. You can see a steady decline long before any problem in 2008.

The question is where did all the jobs go?

Part of it has to do with the diversification of the state economy. Not as many manufacturing jobs, more tech jobs, etc. But that doesn't attribute to the 35% decline in 10 years.

There's a huge component of loss attributed to the pressures of American companies to deliver goods at the lowest possible cost. That means, in order to a) have people buy their stuff, b) make money, American companies are sending work overseas.

Remember, wages is the number one expense for most firms so sending work to China at the fraction of the labor cost is very very attractive. It's also damaging to the local economy. So not only do we build other nation's economies, we ruin our own.....all so we can have cheap stuff to buy at Walmart.

Notes: Data compiled by San Diego Bankruptcy Lawyer Cecelia Chen and dervied from RAND California data sets.

Tuesday, October 18, 2011

You Know That Ron Paul Guy?

He won't win, although something tells me he would be the best bet for the masses. Let's face it, if it's true corporations run the show, Ron Paul won't see the light of day. Just take a look at his media coverage, his exposure is POOR comparative to the number of supporters he's getting. If we didn't have the internet nobody would know the guy!

Thursday, October 6, 2011

Nine, Nine, Nine, Nien!

How does a pizza owner get to be President? Not only is the proposed Herman Cain solution to the economy bogus (9%national tax, 9% income tax, 9% corporate tax), but he lacks a certainly level of experience I'd be comfortable with in a President. I am, however, thrilled to see a bit of diversity getting some play. Palin doesn't count as diverse (more like loose cannon). Cain even considered a shot means the Tea Party hopefuls have a bit of clout, and a bit of clout is always a welcome addition to a party that can get really mired in the clay of inactivity. Change is good, and although I highly doubt Cain has any chance of winning, I'm happy to see a breathe of fresh air throughout the ranks. (I'll play the race card too, I doubt Republicans as a whole are ready for a black leader, but maybe I'm looking too much into things and am not as 'progressive' as may would think.....) That may be enough to keep some of the old guard from throwing votes his way. The rest will probably cringe at his lack of international experience. The last thing we need is a President who thinks every Muslim is a terrorist and has little grasp of state of the Mid-East (et al).