Shocking crisis now in the making.

"for every 100 automobiles built, there's 27 related jobs. So, the impact, after you've built 15 million cars in the world last year"


[link to www.larouchepub.com]


Sweazy: Yes, you know, something that most people don't even take a look at, is the reciprocating, or the ill-effect of unemployment: Regardless of what area you're in, when there's high unemployment levels, you have social ills. And we've seen that in major cities throughout the United States. But, in the auto industry, for every 100 automobiles built, there's 27 related jobs. So, the impact, after you've built 15 million cars in the world last year, the impact of this can be devastating, not only to the United States, but throughout the world. And if this domino effect would take place, you're looking at an economic crisis, which could cause disaster for the nation and our communities.

So, we've seen so many times in the past, that communities, the social level, by which I mean the poverty levels, your population decreases because people want to move to where jobs are. All the social ills associated with disease, everything becomes a prominent factor, and then you see the total deterioration of a community such as Detroit, which had 2 million people in its heyday; less than 900,000 people live there today. There's as many boarded-up homes as there are occupied. And it's a disaster financially for that community.