The Good News About the Recession

Maybe more benefits can come from the recession. With a economy in decline America cant keep the empire and countries around the world will be free from american aggression and global dictatorship. The Soviet Union fell, and now the American Empire, maybe this can open up the opportunity for some international law and peace

Wow, what encouraging posts, I am so thrilled that Americans are finally getting the fact that Big Business and the Neocons have been raping the US populace for about 27 years. I would excuse Clinton but he gave us NAFTA, didn't he?

Amending my previous comment, many comments showed an understanding just not the most recent few. Particularly that cathexis character.

I find it comical that the previous comments come from people who seemingly either did not read the entire article or got stuck on a very small portion without taking the whole of it into account. The idea, as I saw it , was that the companies need to compete globally not the blue collar worker. The executives are not buying into being sophisticated salesmen to the world, they are too focused on just the USA. and that the rest of the world is moving on regardless of what the USA does. We need to stop being so exclusively concerned with just ourselves and complete with everyone around us as a nation. My opinion is that the political reference in the article was so brief as to be almost inconsequential to the whole of the article.
Being so hyper-focused on minute detail only highlights how we are not looking at the big picture. This article does call us out on our narcissism as a nation and puts us in our place, as one small part of a global economy.

Also, Sir, as to your reference to those obtuse and arbitrary "Bush bashers" ...

BWAH HA HA HA HA!!!

Oh, I'm sorry ... I thought you were being humourous. Was that, indeed, serious?

Anyone who does not think George W Bush is the absolute worst president ever, after seeing his destruction of the US economy; his undercutting o fthe Middle Class; his flagrant abuse of statute, Congressional, and even International law; his unwarranted and illegal invasion and occupation of Iraq; his complete abdication of any real oversight/ participation in the Afghanistan conflict; and a host of other catastrophes ... has either been in a coma or is so ideologically blinded that they must be living on a diet of Kool Aid.

Cheers, Mr Gross! ;-)

I feel it my duty, Mr Gross, to give you somne shocking news: The bulk of US citizens are not Business Executives whose major failing is "an appalling lack of foreign experience." Those people, I will admit, should definitely feel secure in their employment; they will continue to propser at an obscene rate.

No, the vast majority of the rest of the population ... unless they can exist on what employees in India or China make (typically about 1/6th or less US wages) have no chance of "competing." And shame on you, Sir, for suggesting that all of us may finally "learn how to compete globally." What doe sthat mean, exactly? The only way the average US worker will "compete globally is if/when they take huge wage cuts to come down to pare with the Asian alternatives! And that, sir, is the ONLY way they can possibly "compete."

Don't tell me ... you'll assert that we will have an opportunity to offshore all the "low-end" jobs and keep the "good ones," right?

To be blunt, sir: Bull.

1. Not every US person is suited for the so-called "good jobs."
2. What *are* the "good jobs?" Look at the graduate schools and PhD programs for the past DECADE. Chinese and Indian students comprise the majority in Engineering, Biochemistry, Mathematics, Physics, etc. What makes you think we have any special quality that will keep THOSE jobs here, when extremel;y bright Asians can be doing it for a fraction of a US salary.
3. We'll "innovate" new jobs? See my point #2. Are we so arrogant as to believe that we have a monopoly on innovation? I guarantee you, Sir, we do not.

Agreed. Altho look at the big picture or federal reserve note was bought by a new private investor. Americans commonly see 2/3 a penny at the pump. While banks collect billions from debt from interest. With a society that turns it heads to its own problems and facts how are to look to others for alternatives. For one minute grasp my concept. please. America has become so demoralized and greedy, it sits bored, hungry, and fat.
Capitalism will treat us like a consumer and entertain us, feed us, but not help. Then when vour money is gone and a recession begins. We will be left there sitting. alone

Ricky Sanders ( freshman in college)

Agreed. Altho look at the big picture or federal reserve note was bought by a new private investor. Americans commonly see 2/3 a penny at the pump. While banks collect billions from debt from interest. With a society that turns it heads to its own problems and facts how are to look to others for alternatives. For one minute grasp my concept. please. America has become so demoralized and greedy, it sits bored, hungry, and fat.
Capitalism will treat us like a consumer and entertain us, feed us, but not help. Then when vour money is gone and a recession begins. We will be left there sitting. alone

Ricky Sanders ( freshman in college)

Trade? No, we don't trade...we only import. To speak of "trading partners" is a joke! This country is more worried about what is happening on some TV show than what our crooked leaders and Big Business is doing behind their backs to destroy this country. We've been going down hill for a long, long, time now and no one has had the brains to put on the brakes and turn us around. Unfortunately, this recession will teach nothing. It will destroy families faster than they are already being destroyed by shallow lifestyles and trying to keep up with the jones's...that is about all it will do.

Disappointing that we have such heavy ties with china. (prefered trade partner to the U.S.), as they are building their trade strength over the corpses of those people dyin in Darfur. This is the reason the U.S. has a "hands off" or "too busy" policy when it comes to Darfur. As to not upset our trade partners and Financial guarentors the Chinese. hope we enjoy the blood on our hands.

Disappointing that we have such heavy ties with china. (prefered trade partner to the U.S.), as they are building their trade strength over the corpses of those people dyin in Darfur. This is the reason the U.S. has a "hands off" or "too busy" policy when it comes to Darfur. As to not upset our trade partners and Financial guarentors the Chinese. hope we enjoy the blood on our hands.

I am multi-lingual and can earn major money just about anywhere in the world OTHER than the US. Here business and corporations treat such skills as a footnote and pay wages that are frankly insulting. I returned stateside from abroad eleven years ago to give some much needed hands-on help to ailing and elderly parents, but this year I will be returning abroad, having done what I could for the parents. Frankly I am through with living without health care and on the verge of starvation. People go where there are opportunities, and the US is not where it is happening! You do not want people with skills...all very well..but there are plenty of countries that do!

Amen brother!! I I am multi-lingual, and get megabucks for these skills in just about any country OTHER than the US. Your typical business or corporation here finds foreign language skills a footnote and offer wages for those that have them that are frankly insulting. I returned stateside eleven years ago from Europe to give some elderly and ailing parents much needed hands-on help, but this year, having done what I could for the parents, I will be returning. Sorry folks...but I am through with living without health care and without having my skills reasonably recompensed. People go where there is opportunity..and the US isn't where it is happening!

It is only a matter of time before we will be in line behind the conglomeration of many other more highly motived and intelligent nations-----just thinking about the contries in the asia,maybe China would be the next superpower......and that is a realization....

It is obvious that we are headed to one world economy run by one world government, the european economy uder the EU is booming. So is the Canadian ecocnomy. We have gone backwards to a form of economic feudalism. Where the middle class has to struggle to make the rich richer, ie insurance and drug companies and oil companies.

don't forget we are borrowing money to fight in Iraq and Afghanistan - talk about a cost/benefit analysis from hell.
Our education system is not able to function while most other nations take it very seriously. While we are playing "charter school" and "intelligent design" India is producing more engineers.

Our most valued export is our intellectual property.

A very informative alternative view. Have to think out of the box. Sometimes Recession is good to think out of the box !