經濟,財務,統計學,數理科學與政治評論

Dear American people:

  It is time to admit that the US does have a structural problem on employment issue which is bad for US employees to get their payrolls increased. The reason is obvious due to the globalization. Big US corporations use cheaper manufacturers outside the USA. All the job increase in the US seems to be part-time or lower-skilled service jobs which need people to take care. In the end, it can't bring the wage increase when a lot of Americans seek similar jobs. We do see improvement of US economy. It shows two sides of the story. Those US corporations who can use the globalization well do oursource their needs to those manufactures outside the USA. Those US big corporations who get the most benefit from the appreciation of US dollar will go even further to outsource more production goods to other nations and sell those ones back to the USA. It is the detriment to American people. The profit of US corporations to take those steps will go up. The advantage of globalization for those American corporations who love to use cheaper labors outside the USA is revealed. US corporations love to employ non-Americans who have the same skill as Americans from the viewpoint of cost reduction.

  It brings an even severe question to American people which is the cost to have US higher education seems to be too high from the perspective of US globalization. If US big corporations don't want to pay more to American people with higher education. How do you expect American people with bachelor or master degree could pay down their student loans just in a couple of years? How could you expect those knowledge will not depreciate in a couple of years? It will bring down the value of US higher education. If all those student loans have to be extended or to be paid in a longer period of time, then how could you expect those ones with higher education have the money to save for their retirements or to raise their own families? It is a vicious circle and will be that way behind every American's imagination. It is a bad signal which makes people wonder whether the cost to get a bachelor or master degree in the USA is worthy. American higher education is a luxury thing that American people could not afford. It will a serious issue for Americans to know the deep meaning better. It is a big question for every American.

  May God bless...