A point to consider here is that US industry decided it would come out cheaper by going for private group health ins and private pension plans than it would paying higher taxes for nationalized health care and pensions...since US business operates mainly on a "get results this quarter" mode, and no real "globalization" existed, it worked fine in the "fat" years. Now they find themselves trying to compete, on labor costs, with countries in which most health and pension costs are gov"t costs, and with new startups working in a labor-surplus environment, who can get workers cheaper. While labor costs, like subprime mtgs, can get out of hand, every dollar taken from the workers pay is one less to be spent, and that"s a problem where consumer purchases are 3/4 of the economy.
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Today's Featured Article - Show Coverage: Godfrey, Illinois Country Days - by Cindy Ladage. Except for last fourth of July's Old Gold show in Springfield, Illinois, I don't remember when it was so hot. Nevertheless, the heat didn't keep vendors and visitors alike from enjoying the third annual Country Day's Event. Jane Elliott said the event was originally a one man show. "Barry Seiler, owner of Country Town Farm Supply store used to invite people up to the Johne Deere store. He would give hats and a free meal for everyone that brings a tractor." Elliott said while this
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