THE DIFFERENCE BETWEEN '82 RECESSION AND NOW.

   I won't pretend to be an expert on recessions but I am trying to make sense of what's going on with this one and why it's different from the Recession of 1982.
   In the prior one when President Reagan was only a little over one year in office, There were as many jobs to regain when the recession started to recover as there were when it occurred. In other words, there were the same jobs to go back to and the main productive workforce could resume living the same life at the same rate of pay as before. Only better, because as the economy improved, even more private sector, dollar productive jobs increased. By saying dollar productive jobs, I mean dollars earned by producing something that was worth at least a dollar and could be passed on to produce more than a dollar from somebody else. It's a money generating thing that makes the dollar strong on the world market and as long as we're producing something for each buck they print, it stays at least worth a dollar on the world market.
   Something has been produced to represent it.
   Then came the World Trade Organization. Without caring about the consequences or at least not thinking far enough ahead to realize them, they began sending raw materials to the underprivileged, third world countries who could process them and produce finished products to be shipped back to the countries who could then purchase them for quite a bit less than anything we could produce here.
   Quality went out the window and the words"MADE IN U.S.A." became a distant memory.
   Every Corporation in the merchandising business jumped on the band wagon and started importing
any product that could be placed on an airplane,train or ship.
   For that and many other overinflated reasons, America began to run out of productive dollars.
   A good portion of the productive dollars still being made here were transferred by immigrants to other parts of the world. Seasonal workers who go back home in the off seasons.
   The terribly overpriced Real Estate Market took a nosedive and brought the rest of what was left of the economy down with it.
   The problem now is, There are no more productive jobs to return to since they have all been shipped overseas and are going to stay there.
   Enjoy the new Socialist established economy, Folks. Just ask George Marxist Soros. He and Barrack Obama can explain it all to you. And while you're at it, ask them what a productive dollar is to the laid off american worker.   Just sayin'.