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Americans What Happend.?


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  #1  
Old 07-01-2009, 08:50 AM
Australia Australia is offline
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Default Americans What Happend.?

clintons NAFTA programs
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  #2  
Old 07-01-2009, 08:50 AM
Dollar Dollar is offline
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Default Americans What Happend.?

This is called the age of mass consumption on Rostows Model of Development. At this stage most of the people are at service industry( ex. instead of making cars Selling them.) At this stage the people live high standard living. in the late 1800's to the early 1960's The US was in the drive to maturity stage which the stage before the age of mass consumption. the current economic problem is temporary and not applied in the model.
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Old 07-01-2009, 08:50 AM
Bean Bean is offline
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Default Americans What Happend.?

Because money rules, those who will make something for very little wage are much in demand. In America there are unions which make sure that employees get a fair wage. That is why manufacturers go outside the country to get things made. Cheaper.
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Old 07-01-2009, 08:50 AM
Carl Carl is offline
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Default Americans What Happend.?

NAFTA; Globalisation; Cost of Living; Macro and Micro economics etc.
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Old 07-01-2009, 08:50 AM
Flory Flory is offline
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Default Americans What Happend.?

Apparently we're not exporting spellcheck any more. Lawyers and politicians are what happened. That and our expectation that everything will be just fine. Looking back at the time line you provided, it was before lawsuits tied up our courts and bankrupt mom and pop type businesses and before professional politicians put more money into their bank accounts than into the American economy.
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