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do you deny the growth of the government sector and the fall of the private sector?
because a healthy private sector is the only way we don't wind up like cuba in the end-with no choices.
manufacturing/production seems to be the answer for those countries with growing economies, doesn't it?
evidently, someone forgot to tell our leaders what is working in other countries. we have plenty of resources and we need to use them to become more self-sufficient as a country.
If you ask me, there has been a massive bubble in the EGO of Americans. This idea that just because you are an american you are entitled to wages that are 500% higher than everyone else. Those days existed at one point due to the fact that foreign countries were economically and politically unstable and companies couldn't access the talent and labor. These days those countries have wised up and opened up their markets. Now they bend over backwards to encourage business in their countries - free trade zones, low or no taxes, incentive to do business there etc. They just want businesses to go to their country and employ the people.
These days if you ask me this is what the value of various labor pools are:
General labor/no skills - 1$/hr
Basic skills or experienced - 2-3$/hr
College level knowledge and advanced skills - 10$/hr.
These days what makes sense for a business is to try to automate as much as possible and if the task cannot be automated then simplify it so it can be preformed by a no skill person. Then minimize the need for basic skilled people or the experienced. Advanced skilled people should only be hired for developing new products or on a contracted basis only.
America can only be saved if we realize that we live in a globalized economy and protectionist policies will not work. We need to encourage business in the states with low taxes and business friendly regulation. If we don't do that then the USA will turn into socialist wasteland with high unemployment and high poverty. If that happens we won't have to worry about carbon emissions because we won't be able to afford to buy fossil fuels.
So what you are saying is it is perfectly OK for corporations to make obscene profits because the rich have a right to be rich and exploit people and markets at will.
The workers on the other hand should be mired in poverty because you have decided they should work for $1 an hour.
Sound like a wonderful world you are projecting on the rest of us.
Have you ever stopped to consider where the market for goods will come from after you have reduced the rest of humanity to squalor?
different issues. the clunker program had nothing to do with foreign goods. the 8,000 buck home rebate was a failure too but that had nothing to do with it either.
america needs to develop what its skill set is and we offer alot the world doesnt.
when they had to get those miners out of the shaft in chile and needed bits designed they went to good old pittsburg . we designed those bits that actually worked and got them out.
america has become the thinkers,the inventors and the best at certain fields. that is what we have to cultivate and grow.
chasing the ghosts of the past when we were manufacturers and the world wasnt isnt the answer
It's a proven historical fact that a country does not prosper as a whole without a strong and widespread manufacturing base. We can look at one example after another. By succeed I mean strong middle class. You can't do that without a manufacturing (production) base. No one has done it before and no one has figured out how to do it.
The fact that we can succeed as a service economy is a lie. What happens is some people succeed but most fail. The middle gets wiped out eventually. In a service economy, those who innovate are the only ones who are truly valuable. Those who do not (most of the population) are unnecessary and treated like it. What a manufacturing base does is add value to the simple assembly line worker.
It doesn't matter what we manufacture. Whether low end, mid end, or high end but we need to manufacture. At this point we barely do accounting for the relative size of the population.
If you ask me, there has been a massive bubble in the EGO of Americans. This idea that just because you are an american you are entitled to wages that are 500% higher than everyone else.
that doesn't make sense to me. the overwhelming majority of people view their wages relative to other domestic workers, not foreign workers, regardless of whether they are competing globally or not.
that doesn't make sense to me. the overwhelming majority of people view their wages relative to other domestic workers, not foreign workers, regardless of whether they are competing globally or not.
It's a proven historical fact that a country does not prosper as a whole without a strong and widespread manufacturing base.
well, even if I indulge you and play along that it is a 'proven historical fact', i have to point out that american manufacturing is doing fine. It is the americans formerly employed in manufacturing that are hurting.
CORRECT! as an example im a pump manufacturer right here in long island new york.. our castings are manufactured for us in china . they are assembled and tested right here in long island. we employ over 70 people right here.
Last edited by mathjak107; 06-27-2011 at 08:14 AM..
well, even if I indulge you and play along that it is a 'proven historical fact', i have to point out that american manufacturing is doing fine. It is the americans formerly employed in manufacturing that are hurting.
they found from the current census that men are living 30% longer than they used to.
there are 30% more men alive between 62 and 78 than ever before.
you have to wonder if the fact we arent doing alot of that that dirty unhealhy manufacturing here anymore has anything to do with it.
the chemicals,the processes and the unhealthy enviornments many of our work force was subjected to could be the reason.
we are a country of assemblers at this point. very little has the individual components made here. everything is made by companies who do it better and cheaper overseas
well, even if I indulge you and play along that it is a 'proven historical fact', i have to point out that american manufacturing is doing fine. It is the americans formerly employed in manufacturing that are hurting.
US only to the extent that you can use the US federal and state governments to push your agenda.
There are thousands of Corps based in the Caymans and the Bahamas.
Many of the multi nationals are just using the US like a cheap ***** at this point. When you can use the US military, CIA, various federal commerce agencies, and the State Department to push your causes for free, why leave? Of course, this is all couched in terms of "US Interests".
It doesn't matter what we manufacture. Whether low end, mid end, or high end but we need to manufacture. At this point we barely do accounting for the relative size of the population.
By what measure? The United States is about even with China in manufacturing output despite a much smaller population, does that mean China barely manufactures anything either?
Do you have stats on manufacturing output per capita? I wouldn't be surprised if the U.S. trails countries like Germany and Japan but I doubt you'll find them very low on the list.
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