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A study by UC Berkeley predicts that as many as 14 million more jobs will be lost, costing local, state, and federal government about $250 billion each year in lost tax revenue. With that magnitude of tax revenue loss, states can forget about investing in infrastructure. And they certainly will not be able to continue unemployment insurance and welfare benefits when unemployment numbers reach 22 million.
Think that can't happen? Then you haven't been paying attention to news lately. Allen Greenspan, head of Federal Reserve, stated that federal government will not be able to pay Social Security after year 2015. Benefits must be reduced and age to receive benefits must be raised. A Medicare act passed last year took Benefits away from 14 million senior citizens.
Think retirees will be able to rely on their pensions? After years of turmoil in job market, few American workers have a pension. Even if they have a pension, 63% of all companies have underfunded pension plans. That's up 6.5% from a year ago and rising at fastest rate in history.
America is facing a future with 22 million unemployed and 70 million retired people (AARP 2030 projection) who will have very little in entitlement systems to fall back on. Here in Phoenix we are already witnessing strange new phenomenon of people 70 and 80 years old robbing banks!
Mexico was America's low cost labor source, but they have been "outsourced" to even cheaper labor in China and India. Here in Arizona, we are under invasion from Mexicans hoping to find work. People who can't find legitimate work will create their own jobs; burglary, drugs, and prostitution.
If you are not taking my message seriously, do math yourself. China and India each have a population of over one billion (not to mention Indonesia and Africa), compared to about 300 million for United States. In order to compete in globalized economy, American wages and American standard of living will need to drop to level of poorest counties on planet.
== How To Survive Collapse ==
Over past three years, 3 million American jobs have been outsourced. America now has 8.2 million unemployed, and a study by UC Berkeley predicts that as many as 14 million more jobs will be lost. Unemployment numbers could reach as high as 22 million. As U.S. companies shove American workers out door to be replaced by cheap foreign labor, how can you protect yourself?
The way to protect yourself is to examine your current job to determine if it's a candidate for outsourcing. If it CAN be outsourced, it WILL be outsourced. The secret is to recognize which jobs WILL be outsourced, and if yours is one of them, take action to change to a job that can't be outsourced.
Below is a list of some of jobs that will be outsouced.
- Accounting - Call Center - Computer Programming - Design - Engineering - Medical Transcription - Research - System Administration - Telemarketing
If you are in a job that can be outsourced, begin taking action to change to a job that can't be outsourced. Jobs that can't be outsourced are jobs that can't be done over Internet. They require a physical person to be present. Below is a list of some jobs that can't be outsourced.
- Construction: Landscaper, Building Framer, Heavy Equipment Operator. You can't transmit building or highway construction over Internet. Avoid design jobs such as architectual design and cival engineering, which can be outsourced.
- Delivery: Furniture Delivery, Household Mover, Package Delivery, Truck Driver. You can't transmit physical objects over Internet. They require a physical person to deliver them.
- Law Enforcement: Alarm Installer, Corrections Officer, Courtroom lawyer, Police Officer, Security Guard. Crime is soaring, providing opportunities for jobs that can't be outsourced. Avoid legal documenting or research jobs which can be outsourced.
- Service: Appiance Repair, Auto Mechanic, Cleaning, Computer and Office Equipment Repair. These jobs require a physical person to be present, but System and Network Administration is questionable. Most administration can be done remotely.
- Movies and Entertainment: Movie making is a giant industry in America. You might think some aspects of movie making can be outsourced, but industry is run with incredably tight scedules that can be met only with maximum communication and coordination. Even jobs like computer special effects require real-time collaboration.
- Multilingual Coordinator: If you can speak Chinese and are familiar with customs of China, your chances of promotion to manager are very high.
- Import/Export: If you can't beat them, join them. Become a seller of foreign made products and services. You can make millions of dollars and live in a mansion like Bill Gates just by facilitating loss of your fellow Americans jobs.
- Start Your Own Business. Choose a type of business where you won't be competing with foreign companies. Examples are dry cleaner, caterer, decorator, mail boxes and packaging. Anything that requires a physical person to be present.
U.S. Companies will continue to fire millions American workers and replace them with cheap foreign workers. If your job CAN be outsourced, it WILL be outsourced. Examine your current job to see if it's a candidate for outsourcing. If it is, take action to change to a job that can't be outsourced.
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