The fact that seems to get overlooked when talking history is that
production and jobs are leaving the country, and NOT being replaced.
There are LESS decent paying jobs, with corporations importing more and
more goods. CEOs are still getting rich, but the tap and die maker and
the machinist are losing their jobs. The factors of increasing imports
at a lower price, AND no production capability here, invalidates the
idea of a "correction". Often, people cannot afford to buy "better"
items, and have to settle for "inferior" goods. The division between the
rich and the poor is growing, with less in the middle.
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