I'm so sorry to hear what's going on Mike. I am a manufacturer's agent. I am the outsourced sales arm for 25 different multi-million to multi-billion dollar corporations, some are Canadian, some are American, some European and some Asian. The thing I have found so facinating is that the recent trend has moved totally away from longterm thinking to...literally...hitting the monthly numbers.
It's like the exact same idea and way of doing things hit all these companies at once. They are hiring MBAs right out of school who have nothing but book learning...and are willing to work for a fraction of what the guy they are replacing is making. (For example a national sales manager who made $130,000 was replaced by someone who is making...about $36,000).
Everything is about "shareholder value". If we don't make the numbers this month...our shares will drop and we've "committed" to our shareholders to "hit the number". Nothing else matters. Long term thinking doesn't matter. People don't matter. Real life efficiancies don't matter. With this mentality, supplemented by the strange duality of "our people are our most valuble resource, but remember every one of you are replaceable...if you don't like the way we're running things...leave."
I'm afraid it's going to get a lot worse before it gets better. The ultimate sad part is that every single one of us is part of the problem. I know it is sometimes hard to really look at all the different pieces of the puzzle, but let's try for a minute to consider some of the salient details.
We all want our investments to grow. Be it personal savings and investing, 401Ks or equivalent (RRSP's), Pension plans, etc. All of this demand for capital growth fuels the demand for higher share prices...which in turn bite us in the butt when the outcome is that our companies do what they think is necessary to increase shareholder value.
We also all tend to want each of our dollars to go farther. How many post on here talk about getting the best price. How many people flock to Walmart (Wally World) and Home Depot (Agent Orange) because of the great buy they can get. Well, unfortunately, in order to be able to supply you, the consumer, with the $20 coffee maker which you demand...because I'm not going to pay $40 for something which does the same thing...you've just effectively reinforced the move to overseas products.
Consumers are voting with their dollars to outsource their own jobs...most of them don't even realize it. It is so sad that exactly the same people who are the most cost conscious and are desparate to feed and clothe their families are the exact ones who are most affected by shopping where they do. On one side they are concerned about making ends meet, while their solution is to support the continuing cycle.
I really don't have an answer. But I believe if we all start looking a little bit deeper at how we contribute to the problem, collectively, we might start to figure it out.