Dow Logs Second Loss in a Row - WSJ.com

HMMM? The 1820's, 30's?: Dow Logs Second Loss in a Row - WSJ.com: "- Sent using Google Toolbar"

Is it more like the early 1820's - 30's when the handcrafted products were replaced with machine made goods? Suddenly the average person could afford furniture, a clock, etc.

But, today those with a high school education who think they can have lush benefit packages and retire at age 50 but live into their 90's without saving for their own retirement - are these people like the craftsman of the 1820's?

The world doesn't stop at the borders of America. Americans like machine tools that would have cost $400 that now only cost $50. As others supply the labor, America needs to invest in education and entrepreneurship.

Sadly, the myopic who run the teachers unions don't see this need to have an educated citizenry. One can gladly see their lush benefits bankrupted.

The longer it takes for Americans to wake-up to how to move into the future, the more costly and difficult the task will be. But, change is difficult, so one can see the market moving up while jobs continue to languish for those who want to try and maintain a status quo. In particular, those who want more benefits, less work and less individual responsibility.