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RE: The Incoming Tsunami And How Beliefs Are Going To Crush People

in #steem7 years ago (edited)

When the next recession hits, the layoffs will occur. After things start getting better, the jobs will not return.

Yeah the jobs not returning has been going on for quite a while. Once upon of time, I was employed in the textile industry (warehouse rather than production). Even in just the two years or so that I worked there, the company was shutting down mills and moving production to Asia. They eventually got bought out by a Japanese zaibatsu and now are nothing but a branding logo (The Munsingwear penguin lives on).

Even if massive tariffs were imposed, reviving textile production in the U.S., those jobs would not come back.