What is the Middle Class America Going to Do?
Posted on October 18, 2010 | Filed Under Generic
Middle Class America, what are you going to do?
I have been saying for sometime now, that the Home Business industry will see a very large growth in the next five to 10 years.
WHY?
The middle class America has been shrinking for many years and most will not notice it. After the BIG bust of the economy, people are starting to realize that they must do something different.
The middle class America
Manufacturing has changed and it’s finally catching up to us. With robots and computers making more products with the massive automation of factories and the outsourcing of jobs over seas. What once took 10 or 30 people to make something now it takes one to five. Just think how many people it took to make a car 30 years ago and how many it takes now. The transformation is staggering. Outsourcing is becoming a very big problem for middle class America . According to economist the U.S. currently doesn’t produce any television sets. Computer manufacturing in the U.S. employs about 166,000 people; in 1975 it employed almost 300,000. Asia’s computer manufacturing has about 1.5 million people.
Where is the middle class America going? Read more
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