Originally Posted by
Mick_Marsh
Mr steane, I have studied your post to find errors in it. I think I have found a couple.
First, you tout 30,000 jobs lost in the automotive manufacturing industry. I think you failed to take into account the industries that supply/support those indistries. The pundits are touting figures over 100,000.
Second, you state we are in the process of moving from a manufacturing economy to a service economy, Yes, manufacturing is almost all gone but, is banking a service industry, most of their back room operations have gone overseas. The support for your telco's have gone to call centres overseas. Two friends who worked for Telstra were made redundant a month or so ago as their positions were moved offshore. In my industry, an industry that services amongst other things maufacturing, increasing ammounts of the work is being moved offshore to Thailand, Mexico and Germany.
If by service industry, you mean shops supplying the worker with cafe latte's, With the increasing percentage of unemployed and due to the downward pressure on wages, the increasing percentage of working poor, you'll find less and less people (who are trying to contend with spiralling upward energy, telephone and council charges) will be unable to afford a five dollar latte and even those cafe's will gradually go out of business.
I fear we are in for some rocky times ahead.
I wonder if Germany, Japan or America will accept me as a reugee?