Didn't the Wall St geniuses ever notice that at least a 3rd of the Dow

[BR_Parkway]

Jones Industrial averages weren't really industrial (and a few others are fairly suspect for that category). These are there "measures of success" - breathlessly reported on in nearly religious awe - and no one could forsee a point where people (those of us formerly referred to as 'consumers') wouldn't be able to keep buying their stuff if we didn't have decent wages?


3M MMM Diversified industrials
Alcoa AA Aluminum
American Express AXP Consumer finance
AT&T ATT Telecommunication
Bank of America BAC Institutional and retail banking
Boeing BA Aerospace & defense
Caterpillar CAT Construction and mining equipment
Chevron Corp CVX Oil and gas
Citigroup C Banking
Coca-Cola KO Beverages
DuPont DD Commodity
ExxonMobil XOM Integrated oil & gas
General Elect GE Conglomerate
General Motors GM Automobiles
Hewlett-Packard HPQ Diversified
Home Depot HD Home improvement
Intel INTC Semiconductors
IBM IBM Computer services
Johnson & John JNJ Pharmaceuticals
JPMorgan Chase JPM Banking
Kraft Foods KFT Food processing
McDonald's MCD Restaurants & bars
Merck MRK Pharmaceuticals
Microsoft MSFT Software
Pfizer PFE Pharmaceuticals
Procter & Gamble PG Non-Durable household products
United Techn UTX Aerospace, heating/cooling, elevators
Verizon Comm VZ Telecommunication
Walmart WMT Broadline retailers
Walt Disney DIS Broadcasting & entertainment

[Vincardog]

1. Forget decent wages I don't have a JOB

[Thirtieschild]

2. Why didn't the CEOs realize

that if they shipped all the jobs overseas, no one would have the money to buy what they're selling??

[NorCalDem]

4. They know this...

they just didn't care. They got rich in the process too!

[northernlights]

3. they actually did think they had a market for their shit

It's coming back to me slowly, when I worked at Digital Equipment in the Systems Integration group back in the mid-80s.

They were eyeing a billion Chinese. Yup. Thought they would convert a billion Chinese peasants to the American way of life.

I remember reading an article about a Chinese peasant woman looking at a bag of potato chips...shaking her head and saying she could buy a hundred pounds of potatos for that price.

Those fucktards really thought they could sell the world on our superior "culture."