The global slowdown is creating labor strikes and violence in India. According to the WSJ, a company that build car parts for Ford and Toyota wanted to layoff a large number of employees. The HR director of Pricol was beat up and killed. It seems that the only thing keeping Americans from doing the same thing with a true unemployment rate of over 17% is a year of unemployment from the Obama administration. Or perhaps we're not as hungry as some machinist from India.
WSJ.com link
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