Corporate America is completely separate from the people it employs, and doesn't give a **** about jobs. It hates jobs, and eliminates them at every opportunity. It owns your politicians, who write tax laws that specifically benefit industries, sometimes individual companies. Wealthy individuals have their own tax laws, by coming up with clever terms like "Death Tax". You probably fell for that one, perhaps passionately.
Why would a company want wages to increase? Shareholders want wages to go down, not up. Remember when "it takes all kinds" was true? I don't, but it was true a long time ago. It doesn't take all kinds anymore. Someone can be hired to do your job.
What's going to happen when nobody can afford to buy anything? Nothing. You'll do without. Why can't you just live in a mud-brick shack and get your water from a well two miles away? Outside of America there are other markets. Many companies have been preparing for a long time to make moves in rapidly developing areas like India and sections of Africa that are moving away from total corruption. Asia is a huge market until their unbelievable housing crisis explodes, what with all the empty cities being built in China every year. Europe has been a huge market under the radar. No one thinks you can make money in Europe, but if you figure it out, you make make a lot for a short time, maybe ten years.
At home we're already twenty years into a service economy. Service economies are stagnant, but the first ten years of our experience was buffered by the DotCom bubble coupled with institutional mortgage fraud. Without political reform and a complete backtrack to a manufacturing-based economy, opportunity and upward mobility are doomed to become products of sheer luck, totally independent of hard work or personal innovation (remember that clause in your employment contract that said any patentable ideas you come up with become the property the company? Businesses can't have ideas, only people can). We should be a nation of craftsmen with a variety of skills, but instead Americans watch "Honey Boo-Boo" ON PURPOSE and in reality are like the stupid, totally incompetent Dad you see in every single consumer-marketing ad. And it's not because of the government, but the people who run it. Generations of corrupt and/or apathetic and/or ignorant Americans are responsible for the current state of affairs. Typically apathy is the culprit. Corruption requires a reward.
