fxtrader07

American Axle Strike: Unions Continue to Kill U.S. Manufacturing

unions are powerful in germany, austria - gee, both countries are thriving and Germany has been the world largest and most competetive exporter for years (only now being replaced just by size by China).
the u.s. manufacturing base has been and continues to be destroyed by the priunting press of the Fed and the mind-boggling deficit of the government. inflating , borrowing beyond any reasonable limit is the order of the day. buit hey, america is a "service economy", right>?> low wages, low value added, little to be exported. c# on, the cure for all this is to lower manufacturing wages to service sector levels, right?
ever heard about education? europe and asia invest a lot here - while the u.s. is obsessed with fighting wars in regions the president doesn't even know where they are.
LMAO, unions can destroy a business if they make demands that are out of whack. however, the malaise of the us. economy, especuiall manufacturing has little to do with unionized labour and everything to do with the fraudulent federal reserve and the governments who have run america into the closet over the past decades