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Now that's an interesting posit. I actually remember those days when the U.S. had a real economy. It was the same days that corporations hired Americans, manufactured and traded here first and had a social conscience. They cared for and about their employees, payed their executives nicely but not overly extravagantly and provided reasonable returns to their stockholders. In other words, they were responsible as opposed to merely greedy. That's why people stuck with an employer for an entire cxareer and were rewarded with pensions and benefits.
Now, all too many people seem to want instant gratification in the form of outlandish wages and younger people have an entitlement attitude that makes them think they should be running things after two or three years.
Lastly, instead of breaking the power of corporations, of late there seems to be more of a trend to taking them over. I don't see that as a good thing.
Just a few observations from a recently retired old fart.
Great analysis. Finally someone who understands how things should work.
Quote:
Originally Posted by HappyTexan
It's not government that needs to change their feelings, it's the banks and big corporations. The emerging countries have money to spend and have a growing consumer base that is not in debt over their heads. Company expansions are going on there; jobs are being created and/or offshored to these emerging countries that have surplus budgets and money to spend.
Banks and corporations call the shots and it's not for America right now.
I spoke too soon. Here is another person that understands what is going on, and gets it. That makes two.
See......I can count . Great posts to the both of you.
what does wal mart produce? bargains. you know what's ironic? democrats like you complaining about sending jobs overseas, yet wanting to grant amnesty for the overseas coming into the country illegally, and driving down wages.
and that, my friend, is thefinalsay
Walmart does NOT produce anything. They are not a "producer" of goods.
Most of our jobs today do not produce anything if you think about it.
Consumer and service..neither of which are producers.
Still, regardless of your continuing deflection attempts, Republicans whining about the job losses they created is beyond ironic. It goes right along with their iron-clad commitment to "family values".
Nothing they are a retailer. What does a GM car dealership produce. What does Whole foods produce? What does BEst Buy produce?
Wal Mart provides products people want at a low price. What's wrong with that?
Great analysis. Finally someone who understands how things should work.
I spoke too soon. Here is another person that understands what is going on, and gets it. That makes two.
See......I can count . Great posts to the both of you.
MisterNY..I'm a programmer. Jobs have been leaving for China/India since 2000. We (minority in the software industry) knew the "global economy" was not good for America. Manufacturers before us knew that too. But the majority were too happy with their "low prices" and fat stock dividends.
So here we are now scraping the bottom of the barrel. Consumer economies don't survive. Producer economies survive.
what does wal mart produce? bargains. you know what's ironic? democrats like you complaining about sending jobs overseas, yet wanting to grant amnesty for the overseas coming into the country illegally, and driving down wages.
and that, my friend, is thefinalsay
The Wal-Mart effect: Its Chinese imports have displaced nearly 200,000 U.S. jobs
China’s entry into the World Trade Organization (WTO) was supposed to improve the U.S. trade deficit with China and create good jobs in the United States. But those promises have gone unfulfilled: the total U.S. trade deficit with China reached $235 billion in 2006. Between 2001 and 2006, this growing deficit eliminated 1.8 million U.S. jobs (Scott 2007). The world’s biggest retailer, U.S.-based Wal-Mart was responsible for $27 billion in U.S. imports from China in 2006 and 11% of the growth of the total U.S. trade deficit with China between 2001 and 2006. Wal-Mart’s trade deficit with China alone eliminated nearly 200,000 U.S. jobs in this period.
The Wal-Mart effect: Its Chinese imports have displaced nearly 200,000 U.S. jobs
China’s entry into the World Trade Organization (WTO) was supposed to improve the U.S. trade deficit with China and create good jobs in the United States. But those promises have gone unfulfilled: the total U.S. trade deficit with China reached $235 billion in 2006. Between 2001 and 2006, this growing deficit eliminated 1.8 million U.S. jobs (Scott 2007). The world’s biggest retailer, U.S.-based Wal-Mart was responsible for $27 billion in U.S. imports from China in 2006 and 11% of the growth of the total U.S. trade deficit with China between 2001 and 2006. Wal-Mart’s trade deficit with China alone eliminated nearly 200,000 U.S. jobs in this period.
what does wal mart produce? bargains. you know what's ironic? democrats like you complaining about sending jobs overseas, yet wanting to grant amnesty for the overseas coming into the country illegally, and driving down wages.
and that, my friend, is thefinalsay
Consider this, fs...
If those illegal immigrants are given legal status, will their employers (who "invited" them over in the first place) be able to continue to exploit them as a pool of subminimum wage workers, or will they be compelled to pay them a legal wage w/ benefits?
Would improving their status somehow possibly also improve conditions for lower paid American workers who would then no longer be competing against slave-wage foreigners with no legal recourse?
Show me the irony...
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. Great posts to the both of you. 
