BOTTOM LINE Americans gleefully buying imports led to The Great Financial Crisis of 2008. It did NOT have to happen. Corporate and banking interests encouraging Americans to eat those apples could have been ignored, if they had a brain.
Unfortunately, most people never worked in a factory or mine or a farm, so don’t know the IMPORTANCE of buying goods domestically.
I swear, all the financial writers are asleep at the wheel. I knew a decades ago what was happening, and what the future would bring. First a hurting on mines, wells, factories and farms. Decades later the hurting would spread to other sectors.
Its looking like Gov’t employment is now on the hot seat because of budget restraints. Deficits.