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Who says that American workers are lazy? They are highly productive and haven't been compensated for that productivity:
Regarding illegal aliens, nobody here seemed to mind when our grandparents from Europe were those illegal aliens. Now, since they are light brown, it's a different story.
The US enjoyed king of the hill status after WWII, because we were the only game in town. While the majority of the rest of the world was trying to put back together the broken pieces of their societies, create governments, and start rebuilding their infrastructure, the US enjoyed a monopoly in the world market, since we were about the only manufacturing sector left standing.
We were so fat dumb and happy, even 25 years later, that our brand new automobiles had a 12 month/12,000 warranty. Fast forward to this century, and we have a world market that has woken up, and the foreign competition is providing the same goods and services that we are, for a lot less in labor costs. How was this fact NOT going to drive down wages in the US? Add to this, we have illegal aliens who are depressing wages for painters, carpenters, electricians, plumbers, and any number of, traditionally, bread and butter middle class jobs.
Wage suppression for manufacturing is coming from overseas, and now, with illegal immigration, its coming from within our own borders. At the same time, a new world-wide talent pool has caused competition for the salaries of executive positions, in multinational corporations, to be driven up.
Dec 2004 - "The China price." They are the three scariest words in U.S. industry. In general, it means 30% to 50% less than what you can possibly make something for in the U.S. In the worst cases, it means below your cost of materials. Makers of apparel, footware, electric appliances, and plastics products, which have been shutting U.S. factories for decades, know well the futility of trying to match the China price. It has been a big factor in the loss of 2.7 million manufacturing jobs since 2000. Meanwhile, America's deficit with China keeps soaring to new records. It is likely to pass $150 billion this year.
The US enjoyed king of the hill status after WWII, because we were the only game in town. While the majority of the rest of the world was trying to put back together the broken pieces of their societies, create governments, and start rebuilding their infrastructure, the US enjoyed a monopoly in the world market, since we were about the only manufacturing sector left standing.
We were so fat dumb and happy, even 25 years later, that our brand new automobiles had a 12 month/12,000 warranty. Fast forward to this century, and we have a world market that has woken up, and the foreign competition is providing the same goods and services that we are, for a lot less in labor costs. How was this fact NOT going to drive down wages in the US? Add to this, we have illegal aliens who are depressing wages for painters, carpenters, electricians, plumbers, and any number of, traditionally, bread and butter middle class jobs.
Wage suppression for manufacturing is coming from overseas, and now, with illegal immigration, its coming from within our own borders. At the same time, a new world-wide talent pool has caused competition for the salaries of executive positions, in multinational corporations, to be driven up.
Dec 2004 - "The China price." They are the three scariest words in U.S. industry. In general, it means 30% to 50% less than what you can possibly make something for in the U.S. In the worst cases, it means below your cost of materials. Makers of apparel, footware, electric appliances, and plastics products, which have been shutting U.S. factories for decades, know well the futility of trying to match the China price. It has been a big factor in the loss of 2.7 million manufacturing jobs since 2000. Meanwhile, America's deficit with China keeps soaring to new records. It is likely to pass $150 billion this year.
Because they refuse to acknowledge the long term effects of globalism.
They thought it would raise everyone's standard of living. Well it has but the bar is not the US standard of living. Surprise, surprise. Ross Perot was right all along but no one listened.
While theirs is going up, ours must come down. We meet somewhere in the middle. The long term effects of globalization.
It's a bitter pill to swallow and too many are refusing to do it.
We can't turn back the clock to the "good ole days".
It's happening though in spite of the cries. And the jobs that are coming back are coming back with lower starting salaries (NYT article on auto mfg last Sunday).
Because they refuse to acknowledge the long term effects of globalism.
They thought it would raise everyone's standard of living. Well it has but the bar is not the US standard of living. Surprise, surprise. Ross Perot was right all along but no one listened.
While theirs is going up, ours must come down. We meet somewhere in the middle. The long term effects of globalization.
It's a bitter pill to swallow and too many are refusing to do it.
We can't turn back the clock to the "good ole days".
It's happening though in spite of the cries. And the jobs that are coming back are coming back with lower starting salaries (NYT article on auto mfg last Sunday).
Actually if history repeats its self, and I use if loosely, the world will reach a point of stagnation because there will be no place to find high interest for capital and it will all be absorbed by rentiers. This will only be dislodged by some sort of depopulation shock.
Actually if history repeats its self, and I use if loosely, the world will reach a point of stagnation because there will be no place to find high interest for capital and it will all be absorbed by rentiers. This will only be dislodged by some sort of depopulation shock.
I agree. There are only so many third world countries. Africa is going to be next IMHO.
They are playing a global ponzi game..give money to the IMF who gives it to countries who in turn give it back to the original loaners (my Greece to Germany post on military weapons).
The US is doing it as well between the Fed and Treasury..we're buying our own debt thanks to a printing press.
What surprises me though is that we've been doing this for near 5 years now. I didn't think it would go this long before implosion.
Who says that American workers are lazy? They are highly productive and haven't been compensated for that productivity:
Regarding illegal aliens, nobody here seemed to mind when our grandparents from Europe were those illegal aliens. Now, since they are light brown, it's a different story.
Your preaching to the choir. But, If you feel you think its ok for millions to enter this country without contributing to its local and federal taxes and then reap those benefits overnight, well I don't agree.
You are factually incorrect. One went to Ellis Island to gain entry into the country. The island was an immigrant inspection point. One had to apply much later to be a citizen before a federal judge, which was not done at Ellis Island.
My grandparents entered through Ellis Island but had to prove certain information and have a federal hearing before becoming naturalized citizens at which time they were required to swear allegiance to the U.S.
And over on another thread the Dems are cheering Obama's "incentives" to corporates to bring jobs back in the form of TAX CUTS.
Did Obama become Republican overnight ?
So corporate welfare is good when you can get a job out of it but bad otherwise ?
What happened to "tax the rich" ?
What those who make the argument that "Social Security isn't needed because people would be better off had they invested their own money," always seem to ignore is that while the individual contributes to the SSA program, the employer contributes an equal amount and it's not evident that employers would voluntarily forgo that amount to the employee in the absence of SSA.
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but those same liberals who agrue that the """it's not evident that employers would voluntarily forgo that amount to the employee""" argue that if a 'singlepayer' or non employeer health care the employeer would give the employee raises
but those same liberals who agrue that the """it's not evident that employers would voluntarily forgo that amount to the employee""" argue that if a 'singlepayer' or non employeer (sic) health care the employeer (sic) would give the employee raises
shows how two-faced liberals are
I've never read a single liberal make that argument. I presume that's merely a straw man argument on your part.
The poor will always be with us. Big Brother has spent TRILLIONS since the 60's on trying to lift the poor out of poverty........tah-dah, creating more and more folks scam.....erm, I mean depending on BB for their existence.
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