Originally Posted by butterflywing

i was the one who sad it wasn't washington, and it isn't. i spoke with my dil this weekend and she said that her company, which outsources financial services, is starting to feel the pain (yeah!) because as third world countries become better educated and more in demand they want their own wages to improve. slowly the difference in wages won't be that great among high end jobs, but the difference in benefits will be the deciding factor. third world countries are still willing to do factory work under conditions that we find unacceptable and we don't put ten-year-olds to work. i still maintain that large manufacturers are squeezing the working and lower-middle and middle class in order to keep up with their shareholders demand for big profits. here we are in a recession and i keep seeing huge houses gong up. the little guy isn't living there. where is the money coming from?
someone is profiting and big. i guess i made the wrong investments.