Re: NAFTA CAFTA

Posted by Easy on September 01, 2005 at 01:56:59 from (198.208.159.14):

In Reply to: Re: NAFTA CAFTA posted by Davis In SC on August 31, 2005 at 19:08:52:

In the Detroit area, there are blocks and blocks of Tool & Die shops closed or operating on a shoestring. A friend of mine had a dozen people working for him 5 years ago. Nice machines, CNC, an expensive Unigraphics cad system ( required to service some big customers) He now works by himself out of a small shop in the backyard. Now most machines are bought overseas, and the tooling to run them too. The unemployment rate is artificially low ( If you run out of benifits, you are not unemployed?) But I think the underemployment issue is starting to surface too. I know of one guy who was a good tool designer ( Cad stuff ) Now he drives a truck for a landscaping company. He just got a raise to $10 / hr. Thats because he: 1) speaks english and 2) Has a legal driver's license. Another guy used to be an engineer - now he works at Lowes garden center. I would not recomend any young person to be an engineer or any job in manufacturing. As far as the government stats, I flat out don't believe them. Unemployment and inflation stats are being rigged. If you want to read some about that, go to MSN Money, and read the contraian chronicles, by Bill Flectinstien. He explains how the feds "manufacture" low inflation. Easy.

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