Almost Half Of U.S. Households Exhaust Their Salaries

[Art_from_Ark]

2. You got that right

Wall Street has increasingly distanced itself from Main Street with its incessant demands for ever-increasing profits at the expense of local workers. Once a company starts to reach maturity, it has to look for creative ways to appease its Wall Street overlords. That usually entails finding new markets, cutting staff, and/or shipping jobs to low-wage countries. I can think of at least 5 factories in my hometown area that have moved out of the area for the latter two reasons, even though the area has lots of skilled workers who were working for a relatively low (for the US) wage: Emerson Electric, Levi Strauss, Whirlpool, Kraft Foods, Guardian Glass. There are no doubt others, these were just the ones that immediately came to mind.