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Why America is in Trouble:A Humorous View but true fact

Many of you might have seen the same stuff or similar version of this funny email. I got this as a forwarded email from a 6/7th grader. Whether its your first time or not, this one will surely break a smile on your face at same time will make you think a lot about US economy.

I will share my thoughts at the end, so read on joke for now.

--------------------------

John Smith started the day
early having set his
alarm  clock  (MADE IN JAPAN)
for 6 am.  
While his coffeepot (MADE IN CHINA)  
was perking, he shaved with his   
electric razor  (MADE IN HONG KONG)  
He put on a   
dress shirt MADE IN SRI LANKA),
designer jeans   (MADE IN SINGAPORE)  
and  
tennis shoes   (MADE IN KOREA)
After cooking his breakfast in his new  
electric skillet (MADE IN INDIA)
he sat down  with his  
calculator (MADE IN MEXICO)    
to see how much he could spend today. After setting his  
watch (MADE IN TAIWAN)   
to the  radio  (MADE IN INDIA)   
he got in his car  (MADE IN GERMANY)  
filled it with GAS (from Saudi Arabia)
and continued his search  
for a good paying AMERICAN JOB.
 
At the end of yet another discouraging   
and  fruitless day  
checking his
Computer   (made in MALAYSIA),  
John decided to relax for a while.
He put  on his  sandals  (MADE IN BRAZIL),
poured himself a glass of
wine  (MADE IN FRANCE)    
and turned on his   
TV  (MADE IN INDONESIA),
and then wondered why he can't  
find a good paying job
in AMERICA
AND NOW HE'S HOPING HE CAN GET HELP FROM
A PRESIDENT....MADE IN KENYA
--------------------------

Vijai's 2cents:

First of all, I was amazed when got this funny stuff from a 6th grader. It shows, nowadays kids are not only into video games they are watching CNN as well. If they don't know about the current mess, they won't be able to really understand the humor to forward it. They are not spoiled afterall. It is somewhat encouraging.

Secondly, it sounds funny but it is in a way projecting true color of the current US economy. We all know  that currently lot of things are manufactured out of US and we are just consuming it. It proves the fact, US economy is a truely a consuming economy. It is ok to be a consuming economy if a country manufactures its own product instead of just importing them.

If you are not manufacturing, there won't be any plants, no jobs, no raw materials to be used, no production of goods. Overall product cycle is missing which surely is one of the major problems of america in the unemployment front. In one of my old blog post on Globalization, Indian Economist Venkatesh clearly talks about this kinda of macro economics. It is not a good aspect for an economy to be just spending and consuming. It will have major impact in long run.
 
In that way, India is not a consuming economy  but we still import large part of grains and food stuff now compared to 2 decades ago. It shouldn't get as an habit. For stable and strong India, we need to be self consuming economy as Venkatesh stressed in his speech. Check it out, if you didn't get a chance yet. to get a clear view.
 
What do you think? Just share your thoughts.
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