Over the last few decades, manufacturing jobs rapidly have declined in America. And, as a result, America has become a nation of salesmen. We sell each other goods and services that are predominantly manufactured and produced overseas and, more often that not, financed by global institutions. It's a good thing that the manufacturers subsidize our consumption by buying our bonds. But then again this puts us in a precarious position, doesn't it?
With the computer, cell phone, and a whole array of other technological advancements, productivity and competition have soared. And with this greater competition, compensation and quality of life go down. The numbers just aren't there. Even the great Goliath Walmart recently expressed concern over increasing demand for its products.
The tragic thing is that the environment is changing faster than the understanding and beliefs of many.