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Old 04-03-2011, 08:58 PM
 
Location: Philadelphia, PA
1,164 posts, read 1,823,825 times
Reputation: 1001

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The reason I ask this is that we're in a bad recession where even if you have a bachelor's/master's degree with some job experience, you may still have trouble finding a job and may find yourself in the unemployment line. Generally, recessions are determined by negative GDP growth over a certain amount of consecutive months. Would it be beneficial for the economy as a whole to bring back some manufacturing jobs into the US instead of outsourcing these jobs to other countries? If you, what would you propose that should be done? Government involvement or none at all? Less or more unemployment insurance? What's your solution to getting out of this recession as soon as possible?

I just want to get people's opinions on this coming from all walks of life. Please, don't get outright nasty and bash people on their differing opinions. Thank you!
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Old 04-04-2011, 04:27 AM
 
Location: Pittsburgh, USA
3,133 posts, read 8,644,425 times
Reputation: 1094
We should have been trained to understand India English.
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Old 04-04-2011, 04:29 AM
 
Location: Earth
24,629 posts, read 26,075,638 times
Reputation: 11366
What manufacturing is done in the US?
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Old 04-04-2011, 06:21 AM
 
5,753 posts, read 3,540,574 times
Reputation: 2293
Quote:
Originally Posted by stressedCollegeGirl89 View Post
The reason I ask this is that we're in a bad recession where even if you have a bachelor's/master's degree with some job experience, you may still have trouble finding a job and may find yourself in the unemployment line. Generally, recessions are determined by negative GDP growth over a certain amount of consecutive months. Would it be beneficial for the economy as a whole to bring back some manufacturing jobs into the US instead of outsourcing these jobs to other countries? If you, what would you propose that should be done? Government involvement or none at all? Less or more unemployment insurance? What's your solution to getting out of this recession as soon as possible?

I just want to get people's opinions on this coming from all walks of life. Please, don't get outright nasty and bash people on their differing opinions. Thank you!
Lower the national corporate tax rate,decrease the time it takes to get eco studies air-water permits,here in southern Ohio a local foundry had a Japanese part maker buy 100% of their production line,Infra-Metals will be building a new facility,Sun Coke wants to add another 200 ovens and a soon to be announced ISG mini-steel mill. Guess the proposed Atomic power plant will be a no go now with that mess in Japan.

The railroads are calling people back to work and are hiring which means things are picking up.Locally NS railroad hired 150 people the past couple of months and re-opened the yards car shops.My son is back to work for CSX and said they are re-opening the cars shops in Russell Ky they are gearing up for something.
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Old 04-04-2011, 06:56 AM
 
Location: Londonderry, NH
41,478 posts, read 54,336,758 times
Reputation: 24736
We have bewcome a relativly (to japan anyway) low lwbor cost economy. The result is foreign investors outsource to the US and use American labor to create profits returned to the original country. Good for the financiers but not for labor in either country.

The leading indicators are in line with the expected results of the stimilus program.
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Old 04-05-2011, 07:13 AM
 
5,753 posts, read 3,540,574 times
Reputation: 2293
Quote:
Originally Posted by GregW View Post
We have bewcome a relativly (to japan anyway) low lwbor cost economy. The result is foreign investors outsource to the US and use American labor to create profits returned to the original country. Good for the financiers but not for labor in either country.

The leading indicators are in line with the expected results of the stimilus program.
That is what happened in the 80's with a weaker dollar foreign investing? I wish a HONDA or TOYOTA plant would locate here... how sad my hometown has become but thing will get better i have faith that it will.
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