Quote:
Originally Posted by skinsguy
Let's not judge people for wanting to work in textile mills. I realize some of you guys probably look down on the American factory worker, but there are/were those who truly enjoyed those jobs. Dad loved his job at Fieldcrest as a loom tech. And, he made just as much...if not more doing that than what some of us college educated people did/do on their jobs. In fact, he made enough to allow my mom to stay home and raise me and my brothers. We were not rich by any stretch, but we were not poor either.
Someone mentioned inflation being sky high if these people had kept their jobs. Well guess what? Inflation is going sky high as it is. The price of gasoline has double and tripled in the last couple of years, which also has affected the prices on everything else. Yet, we still just get 3% raise which is eaten up (and then some) by the rising cost of company insurance and having to contribute more to retirement because the company is matching less.
Yeah, things sure look rosey right now!  |
Even with energy and food prices going through the roof, inflation is still below the historical average. The numbers don't lie.
The Consumer Price Index is consistently at 3% or below, with only the occasional blip above that. If we restricted trade, you'd see inflation like the 1970s all over again.