Does America really *need* to "compete in a global marketplace"? (credit, buy)

[FreeSpirited1]

I think it's a bunch of bull and helped get us in this mess we are in today...along with NAFTA, loose regulation and easy credit.

What would happen if the U.S. charged a hefty premium tax on any "international" company who imports here...would their products or products from China be priced lower then? No.

Sure, these other countries will levy a tax on our imports, too, but the way I see it, this global trade has become a nightmare. **** it, no more global marketplace!

Our workers would be paid to produce for the U.S. and forget global; whatever, we can make our own things and tax the hell outta imports from so-called American corporations - who are actually international when they hire slave labor in other countries. Maybe then they will stop this nonsense of "needing cheap labor to compete in a global marketplace".

We don't need to be global, do we? Isn't it more likely that corporations simply want bigger and bigger profits, so they keep saying this b.s. over and over - people do not question it, ever! How do you imagine companies pay those huge bonuses? By saving on labor, naturally. There is no real need for America to compete in a "global marketplace", is there?

I call BS. I'm sure competing globally works very well for international corporations, politicians, bankers, Wall Street - that group. It leaves the rest of America very ****ed.

I'm so angry about the greed that has taken over, and the senseless suffering caused by it. When did Americans stop caring about each other and start caring so much about stuff and money?

[maf763]

Originally Posted by FreeSpirited1

I'm sure competing globally works very well for international corporations, politicians, bankers, Wall Street - that group. It leaves the rest of America very ****ed.

To that group, you'll need to add shareholders, and shareholders include anyone who owns stocks and/or mutual funds that deal in stocks. A majority of Americans are shareholders, whether it's through retirement accounts or direct investments.

[subsound]

If we don't join the rest of the world we all live on, the world will leave us all in the dust of time.

[Stac2007]

Originally Posted by subsound

If we don't join the rest of the world we all live on, the world will leave us all in the dust of time.

Yes lets join the world into economic depression. I like the sound of that!

[dez181]

Competing in a global economy is what keeps the world economy going. We need to buy and sell goods with other countries to make money. It's called supply and demand. We can't supply it all, and we can't demand it all either. Other countries depend on us, as much as we depend on them to buy and sell goods. I do not think that sinking the world economy is the way to solve the problems in US.

Maybe encourage to buy more American made products. I remember seeing commercials when I was younger that promoted buying American made products.....what happend to that? Oh yeah outsourcing and it is cheaper to make products in China. Although China is great contributor to world pollution, because cheaper to make equates to not holding to strict pollution standards of other countries......what a mess........

[texdav]

Absolutely because if we don't we will be a third world country in just decades. I am not for a monoploy of any kind that raises prices to consumers. We dominated the world markets for years and tyhe coming markets will not be hyere IMO. We need no monop[olyies setup here;it just further decline products here. look at what GM ;chrysler and frod have had happen once they has market share;put out junk because they could sell them./ Noe they whine because they can't comptte;I say too bad you should have figured it out long ago.

[Traderx]

There's no depression in China, India or Australia.

We've tried the non global route before and it was a complete disaster. Perhaps a better way would be for the US to actually out perform other countries in the area's they're beating us in?

Take GM for example. Their sales are up like 35% in China and South America but they can't sell those cars in the US because of all the stupid safety and CAFE standards we have here.

On top of that, since the average American doesn't seem to want a job and instead wants corp America to be penalized we effectively force companies to relocate outside of the US while at the same time complaining about it. Makes no sense to me. If you want jobs here then making it advantagous for companies to locate here makes perfect sense. doh!

Maybe if things get bad enough people will be forced to face reality. That said, the US is still doing far better than most of the world. Europe is a complete train wreck as is Japan and Russia.

[texdav]

I thnik that the chinese ambassor sida it best when he said that he is alwasy srpiresed the the advanced technolgy of the US compered to much of the worl that we still have so many inductries that have workers producing such third world type goods. We have a highly technical work forcethat no other less or developed country like his could produce just as we have the technology to put a man on the moon and produce so many marvels.

[tallrick]

Just roll back government to what it was in 1900. Then we can once again dominate the world's marketplace.

[HappyTexan]

For corporations, the global economy affords them cheap labor and hence more profits are made for the company. There is no turning back from this. The global economy was sold to the American people years ago saying the cost of goods would come down. Well the cost to us didn't come down that much; quality took a BIG hit and corporations seem to be keeping the difference (just look at CEO pay).