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Monday, May 24, 2010

Kudos to Ford

Finally, jobs are coming back to the US by a major company!  Woo-hoo!  Just this morning, Ford announced it was bringing back manufacturing of many parts for its new electric vehicles to Michigan. For years, it has been getting these parts from suppliers in Japan and Mexico. This news made this Urban Nomad, who watched as 200 jobs from her previous company went to Mexico,  very happy. Over two hundred new jobs back to the heart of car-land USA. It's a start. Green, clean and lean.


Not so much the news that for every job opening, there are five unemployed workers, according to former Secretary and Professor Robert Reich.  Or his conclusion that the reason our GDP increased over the last quarter was due to the trend of families  spending their savings to live. (see www.robertreich.org)


My husband and I seem to now fit into what he calls the "anxious" class. We, along with many others,  are watching our dwindling "retirement" funds each time we need to purchase something new.  Drawing down savings to live is not what I would call an indication of a healthy economy. A society on an upswing. On the road to recovery. What's going to happen when all of our middle class savings are depleted?


Kudos goes to Ford for finding factories that are sitting in limbo and for bringing work back to this country. That's an indication of a plan well executed at a critical time. What will lesson the "anxiety" for all of us will not be when the government tells us that the economy is doing better, but when we find jobs for those seeking them, wage increases for those who have been working extra hours at the same compensation and factories once again opening doors. 


We should support companies like Ford and urge others to take similar steps to put Americans back to work and America back in business.



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