Why don't those charlatans that claim to know all about the economy and are screaming about the loss of good jobs to foreign countries and the decline of wages in the good old US of A demand that we bring back the horse drawn milk wagon . The horses don't pollute the same way trucks do, plus there's nothing like good old fashion fresh milk from the dairy. These were good paying ( in their day) jobs.
The jobs that have left America are not the best jobs of the new economy. Even the manufacturing jobs that remained such as making of cars. They don't pay the salaries that they us to pay.
Why oh why do those economic possers use a static that had has no rational in the new economic realty: this is the worst economic recovery from a recession. Inflation is only 1.5% growth.
We have low inflation except in New York City and San Francisco and North Dekota.
We have a 4.9% unemployment rate ( a highly unreliable statistic, but compared to the underemployment and those not looking for work stats it like the holly grail of stats).
As I've written before we have more jobs that aren't be filled that pay well enough. We're are the future truck drivers, mechanics and tool dye makers coming from.
Before America starts bringing jobs back from other countries, we should take a hard look at if the jobs that have left are worth bringing back. Stop being nostalgic about the past and look to the future economics
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