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Old 10-25-2011, 12:41 PM   #26
CaptainCrunch
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Quote:
Originally Posted by macker View Post
Depends how they deal with the war for jobs that they are failing at currently. There is said to be a 1.5 - 1.8 billion global shortfall for real jobs or good jobs. Is the US currently going broke by not having the business activity to create the jobs? Winning the war for jobs will be even more important than winning WW2. There are 6 million small businesses in the US now and only about 1,000 truly big businesses and the focus is on the wrong areas currently as entrepreneurship and small business is where the jobs will come from. There are areas in the US where there is lots of small business activity and unemployment is low like in Omaha for example where it is around 4% and it seems like it is in a whole new country but then you have cities like Detroit that 40 years ago was the richest city in the world and now look at it. The leaders keep betting on the wrong things. Many of the jobs that were lost will never come back so why waste time on them. The global job situation is going to intensify with each passing year so I would not say the decline of American Power is overstated but based on economic data about what you would expect.
Your six million and 1000 figures sound really out of wack.
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