Comments on: Has The Next Recession Already Begun For America’s Middle Class?

By: brent@lentech.us

brent@lentech.us — Mon, 16 Jun 2014 20:01:00 +0000

I have owned a small composites design & manufacturing business for 20 years, catering to other manufacturers. Over the past decade I have watched the systematic decimation of over 95% of all the customers I have ever had. The ones large enough just packed-up and moved to another country, but most just shut their doors. Every time I asked the reason for their demise, and without exception; “Because you can’t do business in this country anymore”. As a business owner, you are encumbered with an ever increasing quantity of government agencies that show up to tell you what to do & how to do it, and then fine you for not doing it right. The regulatory compliance issues contradict other ageny’s rules, so you get punished by both. The fees that they charge for telling you how to do things have risen from (for example) from $500 when I started, to $50,000 today (for a single environmental quality permit). Plus $5000 annually. And I do nothing differently, except use one-tenth of the materials I used to use, all as a responible & concscientious citizen. And there are dozens of ever-increasing agencies, whose sole actual purpose is the extraction of cash, under the guise of regulatory compliance.
At one time, the purpose of our government was for the benefit and protection of its citizens. Now the purpose has become to extract as much cash, in as many ways as possible, from as many as possible. And now, I too will abandon this country that obviously does not want manufacturing to remain.
Manufacturing is what originally built this country into the dominant world power it once was.
Please don’t try to justify how all of these foreign auto companies are building “all these new 1.3 billion dollar facilities”. In reality, these rely on $100-$200 million in infrastructure, and $1.1 billion in now tariff-free imports of robotics, presses & machinery from other countries, which were all originally developed here, but now almost none are. In exchange for a token 1000 or so American workers, they recieve hundred of millions of dollars per year in import tariff exceptions since the products are “manufactured” in this country. Most of the actual engineering, development, tooling and sub-assemblies come from other countries, as well as where the profits go. We are doomed by our own governement. Those poor idiots are oblivious that once they have eliminated all of those they have regulated into non-existence, that they will longer be necessary either.

By: StefanaRapsondeu

StefanaRapsondeu — Wed, 11 Jun 2014 16:43:00 +0000

my classmate’s aunt makes $68 every hour on the
computer . She has been fired for 7 months but last month her paycheck was
$15495 just working on the computer for a few hours. visit the site Rex10.COM

By: joblessInNM

joblessInNM — Fri, 06 Jun 2014 19:20:00 +0000

56, unemployed four months, and yesterday ended a three month drought without any interviews. Unfortunately, both positions pay about 25% less than my last position, which was underpaid. Ouch.

By: gwanaambi

gwanaambi — Tue, 03 Jun 2014 14:19:00 +0000

Thanks, Rodster….found it. Riveting

By: FirstGarden

FirstGarden — Mon, 02 Jun 2014 13:48:00 +0000

It’s Bush’s fault. Katrina, Nam, WW2, WW1, The Civil War, Revolutionary War, the fall of man in the Garden of Eden. *Everything* is Bush’s fault. And if it wasn’t, it should’ve been.

By: GSOB

GSOB — Mon, 02 Jun 2014 03:28:00 +0000

debt will bankrupt this nation

By: GSOB

GSOB — Mon, 02 Jun 2014 03:21:00 +0000

‘…nationwide our ship is slowly taking on water…’

(debt)

You said it.

By: GSOB

GSOB — Mon, 02 Jun 2014 03:17:00 +0000

And you are young, still.

By: abinico

abinico — Sun, 01 Jun 2014 23:37:00 +0000

The next recession – ha, ha, ha; the previous one hasn’t ended yet.

By: Hammerstrike

Hammerstrike — Sun, 01 Jun 2014 20:51:00 +0000

I wish that was actually the case but the exact opposite is true.

youtube.c om /watch?v=icmRCixQrx8

Retarded and stupid, weak-minded people have been reproducing more and faster than the intelligent, strong-minded people. Laws protects these masses that in turn selects the profoundly inept and contemptible “leaders” of society.

Post-modern western “man” has not only betrayed his ancestors but the future generations too.