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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Just saw a post on social media from a worker at Ford who expects to get laid off any day now. Apparently Ford is pulling back on EVs and their plant at Avon has been on indefinite hold.  Tech has been slashing jobs left and right.  Same for pharma/biotech. So many companies are now outsourcing tons of white collar jobs to India, China, and Eastern Europe where American office job labor can be replaced for a fraction of the cost.  I know outsourcing is not new,  it it seems like there is a new tidal wave of outsourcing occuring right now because American labor is simply too expensive.  We have layoffs and hiring freezes for virtually every sector of the economy now.  Add on to it a potential massive amounts of jobs that are going to be slashed in the federal govt and there is basically going to be no more consumer base left soon to buy stuff and keep the economy humming along.  We also have all do the uncertainty and inflation pressures due to the never ending trade and tarriff war escalation that is going to put a damper on the economy.  It all sums up to a grim outlook, imo.  And how exactly is the US going to combat a severe recession? They're blowing up our deficit by$4T more debt due to the proposed tax cuts.  Where's the money going to come from when they need to spend even more deficit to combat the recession?  Anyone else feel very bad about the economy and where we are headed?  I feel like the bottom is going to fall out soon due to all of the jobs losses, and the US is headed for a very bad recession.  [/quote]

Yes. Second question anyone else feel like our country is going to crash and burn very soon?[/quote]

American labor is not too expensive.  Corporate greed however is very expensive.  America is the only industrial nation without guarantee paid sick leave, we have horrible healthcare and well being which we pay extremely high rates of insurance for, our education systemS don’t ensure every child succeeds, and yet we walk around touting billionaires and trillionaires as though that was ever the expectation of the ideals Life, Liberty, and Pursuit of Happiness.[/quote]

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