Friday, April 01, 2011

The Business of Business

I've always held that the fundamental problem with the US economy is that all the manufacturers who moved their operations overseas and the Big Box retailers who drove small businesses out of business by offering cheap products produced overseas utterly failed to realize that the same people they were avoiding paying labor costs to were their customer base! Easy Consumer credit only managed to mask the problem long enough for everyone to fail to see the direct cause and effect.

That's why the pathetic attempts to blame public sector Unions are so lame. We're all in this together and the failure to recognize this simple fact is leading to quite avoidable tragedy.

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