Thread: Middle Class
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Old 09-10-2012, 09:23 AM   #5
RIJIMMY
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Join Date: Aug 2003
Location: TEXAS
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Quote:
Originally Posted by justplugit View Post
IThe change in the corporate atmosphere where people come last is one of the
biggest reasons, imho. The most you can expect from a company now is aprox
5 years before your let go. Going back 25-30 years ago you could depend
on a company employing you until retirement, if you were contributing to the bottom line
and doing a good job. People were the last thing to get cut when a company was hurting,
now they know they can save x amount of $ by laying off people first.
25-30 the US was still riding the post WWII wave where most developed countries where still rebuilding. 30 yrs ago, honda, toyota, datsun cars where not very common. Fast forward 25-30 years - former third world countries - India, singapore, thailand are educated. They are building technology and infrastrucutre, they are competeing in the global marketplace. Those countries were colonies of european nations 60+ yrs ago. Think about the competition the country needs to contend with?

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