Economic Ruin, The Corporate Way
A Political View by R.T. Stevens
A recent article on The Balance sites the creation of 228,000 new jobs in the month of November 2017 in the US. Digging into those new jobs it’s clear to see that the majority of those jobs are part time jobs, seasonal and at a much lower wage than one would expect. That same report did indicate that there was 1700 jobs created in auto manufacturing however I couldn’t find the company that created these jobs.
It’s easy to assume that any jobs created in auto manufacturing would go to those who were previously trained to do said jobs so it’s not really creating a job but more like giving it back to someone who used to have it before. As for the rest of the 226,300 jobs, according to The Balance report, 40,500 went to the health care industry. Health Care Industry, think about that for a minute. Why is it that so many jobs can be created in health care?
Take a look at the cost involved with everything from a simple out patient procedure to what it cost to have a heart attack or a baby. Everyday people can’t really afford to be sick or have children these days. But hey at least we have insurance right? That’ll cover us for sure. That’s another industry covered in sky rocketing costs and corruption. Bills are passed right under our noses that allow insurance companies to cover less and charge more.
Who benefits from low paying jobs, increased costs in health care and insurance? Follow the money as they say. The powerful lobbyists and politicians that serve on the boards of these companies are the ones who directly benefit. The sheer amount of wealth that is generated at your expense is incalculable. There isn’t a mathematician alive today that could do that math even with a team of economists. So what do we do as Americans? We do the patriotic thing and go to work at two or three of those part time low paying jobs just to try and keep our heads above water.
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