All MAJOR American companies 1. The CEO of ALL MAJOR AMERICAN COMPANIES looking for a ways to save money for THEMSELVES and for POLITICIANS. They did research and find out that:
a) an IT software developer In India will cost only 24, 666 per YEAR wehre an American in America will cost them over $110, 000.
b) an Admin (person who handles after sales issue of a product) will cost only 4, 000
per yr where an American will cost them 26, 880
(the above examples are only 2 jobs, there are thousands of have same less cost)
2.Those AMERICAN COMPANIES then LAID OFF 80% AMERICAN WORKERS, IN AMERICA.
3. Then those AMERICAN COMPANIES went to India & China and HIRED Indian and Chinese people IN INDIA and IN CHINA, not in America.
4. IN THIS PROCESS (OUTSOURCING), THESE COUPLE OF HUNDRED CEOS MADE THEMSELVES AND THE POLITICIANS OF AMERICA, CHINA & INDIA THE BILLIONAIRE.
5. DO NEVER FORGET THAT SAME ABOVE PROCESS, OUTSOURCING HAS MADE AND STILL MAKING MILLIONS OF MILLION AMERICAN JOBLESS, UNEMPLOYED ON EVERYDAY BASIS.
The only way to save American job is to make some kind of law that will permits no hiring outside of America unless the skill is not available in America.
Of course, we also need to stop the wars with every country in the world.
IF WE AMERICAN, DO NOT STOP HIRING IN INDIA AND CHINA, YOU AMERICAN WILL LOOSE JOBS AND ONE DAY THE AMERICA WILL BE OWNED BY INDIANS AND CHINESE.
The American companies who did the above are ..... General Electric, General Motors, Bank of America Corp., AT&T, J.P. Morgan Chase & Co., Citigroup, Verizon Communications, American International Group, International Business Machines, Procter & Gamble, Pfizer, Walgreen, Target, Boeing, State Farm Insurance Cos., Microsoft, Johnson & Johnson, Dell, PepsiCo, United Technologies , MetLife, United Parcel Service, Lockheed Martin, Merck, Goldman Sachs Group, Intel, Chrysler Group, Cisco Systems, Comcast, Abbott Laboratories, Coca-Cola, New York Life Insurance, FedEx, Aetna, Amazon.com, Honeywell International, Liberty Mutual Insurance Group, DuPont, Sprint Nextel, Delta Air Lines, Allstate, American Express, Google, Philip Morris International, Oracle
It does seem incongruous that the wealth of the upper 1% has gone up 275% while the middle and lower classes wealth increased only 40%. This certainly does not seem fair with the increased consumer costs and taxes. Whoever said that life was fair, right?
There is something wrong when CEO's, even those in companies with dire profit losses, even bankruptcies, receive salaries and bonuses in the upper tens of millions of dollars. That money does not just happen to be an excess of monies earned, profits, and someone has to be losing out, employees, shareholders, taxes, company re-investment, research, etc. This is what Occupy Wall Street is all about. The country cannot be expected to increase it's economic position and lower the deficit, if employment, financial world markets, consumer purchasing, don't increase proportionally. It will remain a stagnant economy drawing the country further into the hole of financial despair. Not a great situation for a country that used to be number one in the world.
Giving the wealthy tax breaks that the middle and lower classes do not receive and who many believe that doing so creates jobs is under a dark cloud of fallacy. Employment comes from demand for products and if the middle-class and poor have less discretionary income to spend just worsens an already bad situation. It is called killing the goose who lays the golden eggs.
Watch out, things can get much worse before, if ever, it gets better.
And so it goes..........
Goofy_McJohnston: It's kind of hard to get anything done when you you face unprecedented obstructionism from republcians. I was laid off the day after Obama was inaugurated and that certainly wasn't a result of Obama's "economy", it was a result of delusional republican economic policies.
That's great news! We should eliminate taxes altogether for the rich since they have created so many jobs. And do away with inheritance taxes so their descendants can keep the dynasties going. Welcome to the past -- the age of robber barons and the poor is descending once again. Let the poor and middle class -- just a bunch of suckers anyway -- pay for the government, justice system, EPA, roads, NIH, FBI, CDC, VA, etc. Vote for the low flat tax and national sales tax! Keep shifting the wealth to the rich. They deserve it, you don't. Like the genius Herman Cain says, anybody who's not rich is just a loser. Teachers, police, university professors -- what a bunch of pathetic losers.
I am in the 99%, but also in the 53%... Work hard, work smart, and don't accept the notion you cannot make it. There are a lot of opportunities out there.
Those who already have the money, have the most opportunity to make more money.
That's just the way it is. It doesn't mean there is anything wrong with the fact they are getting richer, and other people aren't. It is simply a statistic.
Those most impacted by the economy, are those who aren't rich, in the first place, because they are the most impacted by job loss, and increased cost of living, as well as overspending.......and all Americans are guilty of overspending.......because Americans now want everything all at once.
All you have to do, to get the true picture of young people today......is watch HGTV house hunting shows. 90% of all the young couples, expect to have everything all at once, including a brand "new" quality of house, that needs nothing done to it, at all. They don't want to have to do any "work" to it.
That is a clear and concise demonstration, of how little young people are willing to work towards goals, a step at a time, or put any sweat into their lives, or do without something they want, until they can better afford it.
It is also a clear demonstration, of the mentality of the "occupy" movement.
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1. The CEO of ALL MAJOR AMERICAN COMPANIES looking for a ways to save money for THEMSELVES and for POLITICIANS. They did research and find out that:
a) an IT software developer In India will cost only 24, 666 per YEAR wehre an
American in America will cost them over $110, 000.
b) an Admin (person who handles after sales issue of a product) will cost only 4, 000
per yr where an American will cost them 26, 880
(the above examples are only 2 jobs, there are thousands of have same less cost)
2.Those AMERICAN COMPANIES then LAID OFF 80% AMERICAN WORKERS, IN AMERICA.
3. Then those AMERICAN COMPANIES went to India & China and HIRED Indian and Chinese people IN INDIA and IN CHINA, not in America.
4. IN THIS PROCESS (OUTSOURCING), THESE COUPLE OF HUNDRED CEOS MADE THEMSELVES AND THE POLITICIANS OF AMERICA, CHINA & INDIA THE BILLIONAIRE.
5. DO NEVER FORGET THAT SAME ABOVE PROCESS, OUTSOURCING HAS MADE AND STILL MAKING MILLIONS OF MILLION AMERICAN JOBLESS, UNEMPLOYED ON EVERYDAY BASIS.
The only way to save American job is to make some kind of law that will permits no hiring outside of America unless the skill is not available in America.
Of course, we also need to stop the wars with every country in the world.
IF WE AMERICAN, DO NOT STOP HIRING IN INDIA AND CHINA, YOU AMERICAN WILL LOOSE JOBS AND ONE DAY THE AMERICA WILL BE OWNED BY INDIANS AND CHINESE.
The American companies who did the above are ..... General Electric, General Motors, Bank of America Corp., AT&T, J.P. Morgan Chase & Co., Citigroup, Verizon Communications, American International Group, International Business Machines, Procter & Gamble, Pfizer, Walgreen, Target, Boeing, State Farm Insurance Cos., Microsoft, Johnson & Johnson, Dell, PepsiCo, United Technologies , MetLife, United Parcel Service, Lockheed Martin, Merck, Goldman Sachs Group, Intel, Chrysler Group, Cisco Systems, Comcast, Abbott Laboratories, Coca-Cola, New York Life Insurance, FedEx, Aetna, Amazon.com, Honeywell International, Liberty Mutual Insurance Group, DuPont, Sprint Nextel, Delta Air Lines, Allstate, American Express, Google, Philip Morris International, Oracle
There is something wrong when CEO's, even those in companies with dire profit losses, even bankruptcies, receive salaries and bonuses in the upper tens of millions of dollars. That money does not just happen to be an excess of monies earned, profits, and someone has to be losing out, employees, shareholders, taxes, company re-investment, research, etc. This is what Occupy Wall Street is all about. The country cannot be expected to increase it's economic position and lower the deficit, if employment, financial world markets, consumer purchasing, don't increase proportionally. It will remain a stagnant economy drawing the country further into the hole of financial despair. Not a great situation for a country that used to be number one in the world.
Giving the wealthy tax breaks that the middle and lower classes do not receive and who many believe that doing so creates jobs is under a dark cloud of fallacy. Employment comes from demand for products and if the middle-class and poor have less discretionary income to spend just worsens an already bad situation. It is called killing the goose who lays the golden eggs.
Watch out, things can get much worse before, if ever, it gets better.
And so it goes..........
"Fight organized crime...re-elect no one!"
More income = Richer
Y'all ain't got a snowballs chance in Hell of defeating Obama! : )
That's just the way it is. It doesn't mean there is anything wrong with the fact they are getting richer, and other people aren't. It is simply a statistic.
Those most impacted by the economy, are those who aren't rich, in the first place, because they are the most impacted by job loss, and increased cost of living, as well as overspending.......and all Americans are guilty of overspending.......because Americans now want everything all at once.
All you have to do, to get the true picture of young people today......is watch HGTV house hunting shows. 90% of all the young couples, expect to have everything all at once, including a brand "new" quality of house, that needs nothing done to it, at all. They don't want to have to do any "work" to it.
That is a clear and concise demonstration, of how little young people are willing to work towards goals, a step at a time, or put any sweat into their lives, or do without something they want, until they can better afford it.
It is also a clear demonstration, of the mentality of the "occupy" movement.