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| FAST MONEY - RETAIL ... |
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| INTELLIGENT MONEY - COLLEGE GRADS |
Why it is Important to Slow the Velocity of Money …
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Fast Money Retail has consumed our economy lives and country … And that of future generations...
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U.S.'s GDP in 1965 - 60 percent was from Manufacturing less than 12% from Retail … U.S.s GDP 2012 is 50+ percent Retail and 12% Manufacturing ….
The bad news is ... Retail has produced arrogant high school grads that think they are better than professionals with a college degree …
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Manufacturing produces high-end long term jobs requiring established codes of practices and codes of ethics. People proud to be working in their chosen professions. Professionals that have studied for years and spent large amounts of money to learn their professions in college …
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College produces professionals, quality people that have taken the time, to learn to explore their profession, and broaden their interests, pursue their goals, develop networks, plan, create, and define themselves. College teaches students to think, develop their minds … to come up with solutions to complex problems, and improve the world around them by using logic roll models they have learned about.
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That is NOT what most Retail Jobs are about …
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Expectations are low for the vast majority of people that work in Retail ... Show up for work on time, stock, and customer service. Not a true professional, as we know professionals such as teachers, engineers, accountants, etc …
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Retail mainly teaches to be friendly and ask customers if they need help. ... Stock merchandise, customer service, finds products, stocks Merchandise, items brought back or returned and the back-stocked items on shelves. Develop their street smarts to be able to communicate with follow street smart workers, walk in customers off the street and encourage them to purchase their employers products or service.
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No entrance exams for Retail or exams of any complex nature. Simple add subtract and multiple at best. The ability to endure impolite customers deal with people who are a little rough around the edges, like themselves.
. The Short term performance of Retail creates a high pressure, high stress environment to make a Fast Buck. Resulting a FAST paced economic world made up of FAST Retail and Wall Street MONEY, encouraging more fraud, deception, and theft as people and companies are under more and more pressure to make profits, achieve goals, and succeed. Resulting in more fraud and theft in American business every year ...
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Manufacturing generates high end jobs requiring college graduates/people with ethics, standards, and obligations ... People with chosen Professions …
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College graduates know there are expectations to be met of them in society. Accounting, Engineering, Teachers, PreMed, Business, Management, etc in fact most disciplines in college have obligations to the public, their clients, employers and the professional. Many professions learned in college have established codes of practice and codes of ethics to guide members and inform the public at large.
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College Grads ... Maintain a code of ethics, which they pledge to uphold. Depending on their specializations, college grads may also be governed by specific statute, whistleblowing, product liability laws, and often the principles of business ethics.
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Retails ethics ... Make the sale ...
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What Caused This Catastrophic Change …
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The catastrophic change in America from the World’s Leading Manufacturing based economy to the World’s Leading Retail Consumer based economy started in the 1970s and 1980s with the signatures of two US Presidents.
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We took America's Best Idea the National Parks which was started 1872 with Yellowstone and turned it into a catastrophe. Millions visited the National Parks over the years and became more aware of man's effect on nature and the environment.
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During the 1960s interest and awareness peaked in concerns about population growth, and pollution, (air, water, the environment), causing preservationists, conservationists, and the general public to pressure Congress to fix the problems.
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The GOPs One-Two Punch That Knocked Out "Made in the USA" ...
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Punch 1 - President Nixon in 1970 signed into law the creation EPA and OSHA there by putting the breaks on American manufacturing. Well intentioned as these agencies were they turned into monsters that attacked and destroyed heavy industry and manufacturing in America with laws & regulations that could not be met. The Nixon Two Step. Step Two - Nixon opened the door to Communist China and cheap labor..
Punch 2 - President Reagan faced with a bad Recession in 1980, needed to get the US Economy going, midway through his first 4 years, Reagan signed the First Hi-Tech Trade Agreement with Communist China. The agreement not only allowed Cheap products to be made in and imported from Communist China, but sale of telecommunications, electronics, and high end computer technology to China.
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With NO EPA in China US Companies could pollute to their hearts content, under Made in China label. The Reagan Two Step. Step Two - Reagan while claiming tax cuts he put in place for the wealthy stimulated the U.S. economy (they did but minimal), Reagan borrowed 2 trillion dollars, and pumped the 2 trillion into the U.S. economy in the form of Military build up.
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The U.S. economy boomed … American's now had money to spend on Chinese products.
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Well the rest is history … With the China Door “wide open” more and more manufacturing firms left America … and "Made In America" became as hard to find as a Unicorn ...
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China is the world’s most polluting country ... China emits 6,018 million tonnes of greenhouse gases each year ... Thank You GOP ...
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