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Old 07-09-2011, 08:32 AM
 
2,226 posts, read 1,767,849 times
Reputation: 901

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Quote:
Originally Posted by BigJon3475 View Post
Okay, and why would anyone want your $80 widget because of all your regulations and the $35/hr union worker that puts it together when they can get practically the same widget for $40 elsewhere? Would that be ....opposed to the $$2,000 to $4,0000 and more per hour that the wall street corp CEO's make to trade that widget?

What sort of economy do you think would support such a nonsensical dog-eat-dog world where the more value to a product the more people want of it? Isn't that capitalism in a nutshell, making something valuable enough for people to want it?

A consumerist economy maybe? who could be more consumerist than Americans?

But that's going to be the antithesis of having a better life for you and your family.you could be right on that...ie too much credit card debt! Good old American consumerism went ticking right along, then all the jobs went overseas so those widgets could be made at a cheaper price giving the CEO's bigger profits and everything went all topsy-turvey and the boat capsized. But that's little ole average me making that statement....not all you smart guys...so I could be wrong.

We grew wealth in this economy after WWII for two reasons. Most of the rest of the world's industrial complexes were destroyed and we actively intervened in 50 countries (sometimes over and over) to stop economic growth for the people of those countries so Americans could provide a better life for themselves and their families. We called it in American interest. I believe we actively intervened in many a country to rebuild them after we bombed them to smithereens (another college word), and we actually built their country and showed them how to "ask like westerners". The middle east, when we intervened in their countries ie: oil.....not so happy.

Otherwise the trend was a declining America. After all we had conquered all of the "new" continent and we were coming out of the industrial revolution and needed somewhere else to conquest to if we were going to continue to provide a better life for ourselves and our families.

The trend after that will always be a declining America unless we can must up another tech boom or housing boom?.?.? We should be able to do that real well in the coming generations, after all the public schools have been closed and the universities made so expensive that only those wealthy children get to attend and they are so busy heading to the Hamptons that they have to extra studies to graduate. But that is the right wing agenda.....so I guess we will get what we vote for.

Eventually things get the most dire when there are 10 billion people on the planet and the resources are scarce and are expensive and your wages have dropped to $11,200, in today's dollars, and you receive no benefits.hasn't that already happened.....oh that's you being ironic...sorry

At least the unemployment rates will have dropped.
yeah, when are those jobs coming back to America? I thought that was the WHOLE AGENDA of the right. Wasn't jobs, jobs, jobs their "mandate"!
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Old 07-09-2011, 08:37 AM
 
2,226 posts, read 1,767,849 times
Reputation: 901
Default So true Waylund

Quote:
Originally Posted by SLCPUNK View Post
One of the biggest drivers will be Real Estate. We have to purge this junk through the system and we've still got years to go. Once that issue is cleared up, it will help tremendously.
the housing debacle really drove us into the ground. So many people, me included have always invested in real estate....it was the only super safe investment for those that lost money in stock markets. It was THE conservative way to save for retirement. No more, thanks to the crazies of Wall Street.
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Old 07-09-2011, 08:38 AM
 
2,226 posts, read 1,767,849 times
Reputation: 901
Smile excellent point

Quote:
Originally Posted by SLCPUNK View Post
Then why do you republicans always cry about Obama not creating jobs? Either your are free market or you are not, you can't have it both ways.
Hard to argue that one.
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Old 07-09-2011, 08:41 AM
 
2,226 posts, read 1,767,849 times
Reputation: 901
Default Point proven

Quote:
Originally Posted by BigJon3475 View Post
And no I didn't really mean that. It was just to prove a point.
Seriously, point proven.
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Old 07-09-2011, 08:44 AM
 
2,226 posts, read 1,767,849 times
Reputation: 901
Default But

Quote:
Originally Posted by BigJon3475 View Post
He would have read down to post 108.
My post was #107....there was no post 108 ......but I'll let it slide....as I said "point taken".
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Old 07-09-2011, 09:17 AM
 
232 posts, read 191,535 times
Reputation: 81

YouTube - ‪The Secret of Oz - Winner, Best Docu of 2010 v.1.09.11‬‏
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Old 07-09-2011, 09:20 AM
 
Location: Long Island, NY
19,718 posts, read 11,583,361 times
Reputation: 5614
Quote:
Originally Posted by Bulldawg82 View Post
Outlaw corporations from sending our jobs overseas.
I think that a noble thought but misdirected. Corporation have an obligation to maximize shareholder wealth. As such, they are not moral entities.

That's where the role of government comes in, to make the playing field rules. Without these rules, there would be a corporate free-for-all using every abhorrent behavior available before their competition does. That's why corporations have an incentive to pollute -- because it reduces their costs by throwing them onto society at large.

Current law and regulations encourage shipping jobs to the cheapest locations.
That is not in the U.S. interest and can be remedied many ways. Instead of an outright ban, on can achieve the same end through tariff policy and tax policy. Products can label their U.S. content and assign duties accordingly. The problem, of course, is that corporations buy politicians and Citizens United only makes that worse.

Moreover, other polices effect manufacturer location. Toyota opened a factory in Canada because Canadians provide health care, where the same benefit in the U.S. adds thousands to the cost of the vehicle.
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Old 07-09-2011, 11:30 AM
 
10,963 posts, read 8,063,866 times
Reputation: 3119
Quote:
Originally Posted by hotair2 View Post
Here is hitorical trade with China. We are on the losing end of this deal by far.

Foreign Trade - U.S. Trade with China

Yes, China is a huge problem. The biggest problem is that they don't play on an even playing field. They float their currency. They ignore Copywrite laws and patents. You can find just about any product produced in the U.S. in China, except it has be reverse engineered without any royalty payments to the U.S. companies. We invent and they copy.
Correction China pegs its currency to particular value based on the U.S. Dollar. The U.S. Dollar floats based on currency exchange rates set by international markets.
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Old 07-09-2011, 11:33 AM
 
10,963 posts, read 8,063,866 times
Reputation: 3119
Quote:
Originally Posted by Roadking2003 View Post
First, you get the government out of the way. No stimulus programs and no bail outs for any companies or people.

The economy will rebound after a period of correction.
Herbert Hoover tried that. It really didn't work.

Next solution please!
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Old 07-09-2011, 11:39 AM
 
Location: Long Island, NY
19,718 posts, read 11,583,361 times
Reputation: 5614
Quote:
Originally Posted by Roadking2003
First, you get the government out of the way.
That's how we got into this problem, deregulation. The New Deal banking regulations worked fine for 70 years. Then they deregulated. Ever notice that Canada managed to come through the financial crisis unscathed -- what was it about its banking regulations that protected it?
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