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In reply to the discussion: I Simply Do Not Understand Obama's Support Of The TPP. [View all]TheMastersNemesis
(10,602 posts)I worked for DOL for 24 years and remember when Clinton joined Gingrich and pressured Dems to vote for NAFTA and other trade deals. I knew right away what was going to happen. And it did on steroids. And it really is much worse than most Americans realize. And I can assure you that the deterioration will get much worse until NAFTA is modified and outsourcing reversed somehow.
There really is not future for the younger generation now with short term gypsy jobs. You cannot build wealth or equity under the present job market. What most workers do not know that boomers are finding out is that by the time you are middle age you are already out to pasture. And in middle age you are facing lower wages when need long term employment with prospects of higher income.
I see the economy much differently because of my experience. And the future prospects look very bad. The younger generation having all these children now will not have the money and resources in middle age to take care of them. That is because corporate America will throw them out of the job market.