Open for business

Those of sufficient years may remember the myth of the New Economy, a preposterously optimistic/disingenuous model founded on gumment and industry claims of the IT world’s potential. The pipe dream of the unlimited growth of digitalia led your leaders to institute a vast program of exporting industrial jobs to the other side of the planet aided by tax ploys supported by both parties. The claim went further, that drops in paychecks would be more than balanced by the lower cost of products.
This puppies and chocolate song and dance lead to a fundamental shift in the US economy from productive, manufacturing jobs to ones based on an endless succession of meals at chain restaurants celebrating big days at the mall. The primary results are visible in the bewildering selection of cheap, imported products that today fewer are in any financial shape to afford. In the aftermath of the officially “ended” Great Recession, the United States we see emerging seems rather more like a fundamental swap of economic fortunes visible in China’s ascension to Buick’s largest overseas market mirrored by the explosion of scooters on the streets of the US.
The plan to re-channel employment from the manufacturing to service sectors worked … until the dot.com bubble meltdown of 2001 combined with the inherent imbalances and contradictions came home to roost leaving Joe America in a mud hole from where there is no simple escape. Welcome to the globalized world, one based less on nations and more on a calculated, commercial bi-stratification of the world’s inhabitants, leaving fewer prime slices for the icy, rarified top and a life of diminished circumstances for the growing mass of the schleps who actually do the physical work.
Although no one heard, I predicted one result of the US joining the globalization game. US workers, that means you, are now being forced to compete on the global market with places like Vietnam whose workers in turn exert steady downward pressure on wage levels in other nations like China. All this serves to underscore the brutal fact that under the New World Order, to draw employers back to the US, Yewessians are simply going to be forced to adapt to being poorer. That prediction is no longer speculation, quite the contrary, it is now official policy.
Initiatives to deal with the bottomless pit of lost industrial jobs are beginning to trickle in but none more telling than in North Carolina. It is now NC policy to lay out a red carpet of sorts in the form of lower wages in a ploy to attract jobs, any jobs for the suffering, frightened workers of North Carolina, many of whom were retrained for the IT jobs that were to be the panacea for the loss of manufacturing jobs in textiles and furniture. By the same mechanism, those same IT jobs are now being shifted overseas by both industries and governments, local and federal, for the same purpose – enhanced bottom lines. Meanwhile 56% of federal discretionary income continues to be shoveled into the firebox of the defense engine to pay for a succession of ruinous, illegal wars, current and past, of the same sort that bankrupted every single empire in history.
The gone buy-buy economy has been skewered and roasted by a combination of factors, the incalculable mass-psychological effects of the prolonged downturn coupled with a declining number of families able to afford a new toob and Shrimp Nite at Golden Lobster. The results can be seen in the vaunted service sector shedding jobs via decreased demand and bankruptcies of firms such as Blockbuster and Best Buys. The diminished market for consumer products has combined with pressure to increase profits by exerting similar, opposite pressure on wages creating the situation we have now, fewer consumers with the resources to afford “whim” purchases at even desperately reduced prices. Simply put, fewer are able to afford the plethora of shoddy products — at whatever the price. The results are beginning to trickle in, a sort of cycle where as people become less able to buy stuff, more and more corporations are going belly-up, leaving more people out of jobs and so forth.
The overburdened irony department verges on rupture at the perfect balance of the “greed-heads” (thank you Alan Owen) having priced themselves out of the domestic market and likely caused permanent damage to the pre-conscious consumerist triggers so carefully embedded by the media. Any humor on the current situation has to be tempered by recognition of the risks the elites are willing to nurture, visible in the vicious partisanship the Man utilizes to further divide ordinary shmoes who have more in common with each other than with any of their privileged party leaders, most of whom never knew a tough day in their lives.
Well, y’know, part of neo-optimism dictate this may not all be bad. At the risk of sounding like a troglo-conservative, a way to reduce the influence of corporate governance is to reduce the size of the pile of fun-bucks. If “they” want to make the average taxpayer finance deficits and war, war, war while those who were largely responsible for it fly off to their vacations, one way to avoid the mess is to, well, opt out. While that statement might appeal to those of a certain political stripe, the PETRBLT method involves a more encompassing strategy based on:
1. Want reduction. Isolate your needs from your wants then reducing your wants to that which really provide joy rather than just bragging rights about how much stuff you have crammed into your garage.
2. Income enhancement. In the collapse of this commercial, mass consumerist economy, people’s needs will still be present. Current conditions have created opportunities for small-fry entrepreneurs to fulfill those needs coupled with an added lure for customers/consumers, that of lasting value. Find something you can do well and present it to the local scene, at markets, on line.
Like I said, not all of this is bad. What we are detecting is the restless spirit of people like Thomas Jefferson from the beyond. Gigantism doesn’t work. The evidence is amply displayed by the tumbling empires, from the Soviet Union to any number of corporations and banks. The inevitable collapse can be viewed as a negative or a positive. You are free and responsible for the creation of your own reality. If you don’t, any number of entities will gladly step right up and create one for you. The value of that sort of thinking can be seen in the mountainous piles of ruined lives and dead innocents.

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1 Comment

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One response to “Open for business

  1. John Eichenberger

    “Gigantism doesn’t work. The evidence is amply displayed by the tumbling empires . . . ”
    All empires fall, this one will, too.

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