JD, The pendulum swings and the consequences are often a surprise. We have seen major changes in our lifetimes due to subtle and slow adjustments, that I don't think our leaders envisioned or understood.
Here are some examples. Back in the '50's the unions were very strong. Every night on the news some company was on strike. The unions overplayed their hand, and companies started going off shore. Companies convinced govt. to lower trade barriers. The trend continued and the companies overplayed their hand. 65,000 factories closed in America. Union membership is at very low levels, but the companies also lost millions of potential customers due to income level reductions.
Everybody lost. Sure t-shirts are cheaper and electronics are almost free, but although the factories are gone, the people are still here. The people that used to work in those little small town factories have no real option. There are no jobs in the cities for their skills and they don't have the money to pick and move if they could. And the products those companies now make offshore? Well there are many fewer hefty manufacturing paychecks in America to buy that imported stuff they ship back to home with American brand names.
One consequence is pretty obvious, everyone's taxes are higher, and our standard of living is stagnant(at best) , or maybe declining a little.
I have traveled the world for business and frankly I think the leaders of other nations are more careful to consider the long term consequences of the subtle changes they approve.
Upload one or more videos to your post. Photo filesizes should be less than 300K and Videos, less than 2MB. Formats allowed are gif, jpg, png, ogg, mp4, mov, and avi. Be sure to use filenames without spaces or special characters, and filetypes of 3 digits lower case.
We sell tractor parts! We have the parts you need to repair your tractor - the right parts. Our low prices and years of research make us your best choice when you need parts. Shop Online Today. [ About Us ]
Today's Featured Article - An Old-Time Tractor Demonstration - by Kim Pratt. Sam was born in rural Kansas in 1926. His dad was a hard-working farmer and the children worked hard everyday to help ends meet. In the rural area he grew up in, the highlight of the week was Saturday when many people took a break from their work to go to town. It was on one such Saturday in the early 1940's when Sam was 16 years old that he ended up in Dennison, Kansas to watch a demonstration of a new tractor being put on by a local dealer. It was an Allis-Chalmers tractor dealership,
... [Read Article]
Latest Ad:
Sell 1958 Hi-Altitude Massey Fergerson tractor, original condition. three point hitch pto engine, Runs well, photos available upon request
[More Ads]
All Rights Reserved. Reproduction of any part of this website, including design and content, without written permission is strictly prohibited. Trade Marks and Trade Names contained and used in this Website are those of others, and are used in this Website in a descriptive sense to refer to the products of others. Use of this Web site constitutes acceptance of our User Agreement and Privacy Policy
TRADEMARK DISCLAIMER: Tradenames and Trademarks referred to within Yesterday's Tractor Co. products and within the Yesterday's Tractor Co. websites are the property of their respective trademark holders. None of these trademark holders are affiliated with Yesterday's Tractor Co., our products, or our website nor are we sponsored by them. John Deere and its logos are the registered trademarks of the John Deere Corporation. Agco, Agco Allis, White, Massey Ferguson and their logos are the registered trademarks of AGCO Corporation. Case, Case-IH, Farmall, International Harvester, New Holland and their logos are registered trademarks of CNH Global N.V.
