Hoover or FDR?

[newonecoming2]

Originally Posted by mwruckman

Well the modern Global business model is a win-win for its players and why should you let a few million American workers stand between billions in corporate profits -- its UNAMERICAN and even worse SOCAILISTIC. You've no doubt seen those GE commericals where the workers sing heartfelt songs about how they love making jet turbines for GE. GE is starting to make those jet turbines in Shanghai and is setting up a plant to make those big diesel-electric locomotives in China. The Chinese kind of insist that things sold in China be made in China. China will be GE's bigest market for these products and the day is coming when it will make more business sense to service the US market with the production from these Chinese plants. The GE planrs in Covington KY (Jet engines) and Erie PA (Diesel-electric locomotives) won't be needed. Well the GE workers at these plants can sing about how much they love their new unemployment checks.

YIP WE need to chang some things in the economy. Big time.

[mwruckman]

Originally Posted by newonecoming2

YIP WE need to chang some things in the economy. Big time.

What would you change? America worships free market capitalism and it is based on the most effective use of capital. It punishes companies who use old technology including old labor intensive production processes and equipment. It always makes sense to site production as close as possible to the potential customers or near sources of raw materials. China and India each have 5 times the population of America. If you build the factories large enough to handle potential Chinese or Indian demand, a small increase in production covers American demand and the cost of shipping to America is more than covered by the economics that favor production in China or India. Doing it any other way is a gross violation of the operation of a business in a free market. You learn this way of doing business when you get an MBA. Another example, It makes little sense to import crude oil and refine it in places like Texas and Louisiana. It makes more sense to refine it in the Persian Gulf or Russia and send the higher value products like gasoline or plastics to the USA or what I really like is companies like Exxon/Mobil or BP are building refineries in China to not only service the Chinese market but to send products and chemicals to the USA. If you think these economic practices are a threat to national security you come to a realization that one may have to abandon free market capitalism and enterprises have to be run outside of a purely free market . They may have to be run by a collective. The freedom to do what a business pleases might have to go by the wayside. For example a company like WalMart wouldn't be allowed to base its business model on the importation of several hundred billion dollars of Chinese goods. Now this form of political economics is socialism and its proponents over the last century have had problems making it work. However, this is the 21st century with telecomunications , computers and logistical technology that weren't available to Lenin or Mao. Maybe the bottlenecks that brought the Soviets down can be tackled and the complexity of a modern system sucessfully handled.

[Loveshiscountry]

Originally Posted by mwruckman

Do you know why we could cut taxes and spending about 40% in the early 1920s. Well its easy when you reduce the size of the US Army from 2.5 million men to a about hundred thousand and put most of the Navy in mothball yards and cashier the sailors. America brought the guys home and back to normalcy. This might be a good idea today.

It would be a great idea.
Bring all the troops home asap to protect our borders.

[newonecoming2]

Originally Posted by mwruckman

What would you change? America worships free market capitalism and it is based on the most effective use of capital. It punishes companies who use old technology including old labor intensive production processes and equipment. It always makes sense to site production as close as possible to the potential customers or near sources of raw materials.(...) However, this is the 21st century with telecomunications , computers and logistical technology that weren't available to Lenin or Mao. Maybe the bottlenecks that brought the Soviets down can be tackled and the complexity of a modern system successfully handled.

The most successful experiment in socialism was had in Utah. Well then it was called Deseret, it actually worked quite well.



In a purely free market things like sovereign security don't enter the picture. A little paying around with the the tax code and some subsidies and a national savings program etc. and you can have a system as close to a free market as we currently have, that has some built in trade barriers that protect US national security.



Do you know why the Mormons don't drink coffee tee or alcohol? Those were imported overland in the 1850's and were a drain on the gold reserves that the Mormons had.