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It is really time to start thinking for yourself instead of repeating lies that you may have heard.
Sure we competed years ago, but the global landscape has changed a great deal since then. In the 50's we were a powerhouse, but a lot has changed since then. We set Germany up with the Marshall plan to be an economic powerhouse who uses both tariffs and subsidies, We set Japan up to be an economic powerhouse. Both India and China became global economic powers who use in many cases fully subsidize their industries. South Korea is now an effective player on the global market...thanks to us.
The global competition has changed and we lagged behind. It is time to invest in industry and protect growing industries from dumping and tariffs by other countries.
the state of our industry and it lack of competitiveness with other countries is two fold.
1: our industry has not kept up with technology advances, and they are now paying catch up.
2: the regulatory environment, and the tax environment in this country have placed onerous demands on industry, and forced them to redirect resources that could have been better spent to increase the competitiveness by our industry.
we can change that though by easing off the excessive regulation on business and industry in this country and let them do the things they need to do to improve their own situation, WITHOUT government interference. but as long as we continue to pile on the regulations, we are not going to increase the competitiveness of american industry.
Progressives WANT our jobs outsourced (Wealth redistribution) then they complain that we don't have many exports. What do we make anymore? Clinton KILLED our manufacturing and industrialized base, that's where exports come from you dummies!
For those of you who believe it is not. Please explain how China and Germany have higher exports than we do.
Germany is an example of good government intervention in industry. They have an export-driven industrial model, which is focused on quality products from small and mid-sized businesses.
China is not a good example. Their industry grows for other reasons. They have lower labor costs, tremendous extractive resources, inadequate environmental regulations, and because they have some seriously oppressive ways of keeping their currency cheap.
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I am not suggesting the subsidize the banking industry; however, I see nothing wrong with subsidizing industry that increases jobs by helping us to compete globally with manufacturing.
I think you can be competitive without subsidizing industry. I don't see where Germany is subsidizing industry, I think they are just making it a national focus.
Last edited by Cletus Awreetus-Awrightus; 11-04-2011 at 01:00 PM..
the state of our industry and it lack of competitiveness with other countries is two fold.
1: our industry has not kept up with technology advances, and they are now paying catch up.
2: the regulatory environment, and the tax environment in this country have placed onerous demands on industry, and forced them to redirect resources that could have been better spent to increase the competitiveness by our industry.
we can change that though by easing off the excessive regulation on business and industry in this country and let them do the things they need to do to improve their own situation, WITHOUT government interference. but as long as we continue to pile on the regulations, we are not going to increase the competitiveness of american industry.
We could do everything that you are suggesting and as long as a country can put tariffs on our goods to a point where they become too expensive we will still run a trade deficit.
I would like an example of how we have fallen behind in technology advances. Do you have a cite or is this your opinion?
2. China's industry is completely govt. owned and controlled. Germany has far more regulations on their industry than we do including higher taxes. YOur reasons fail based on simple common sense. Other countries have more restrictions and regulations and they are beating us so that cannot be the answer.
The message that you are sending is the message that multinationals have been spewing for a long time. They have no allegiance to any country they just want to make a bigger profit so they like less regulations and taxes. Lowering regulations and taxes on multinationals does not increase jobs in the U.S. if they are outsourcing all of the jobs to other countries.
Germany is an example of good government intervention in industry. They have an export-driven industrial model, which is focused on quality products from small and mid-sized businesses.
China is not a good example. Their industry grows because they have lower labor costs, and because they have some seriously oppressive ways of keeping their currency cheap.
I think you can be competitive without subsidizing industry. I don't see where Germany is subsidizing industry, I think they are just making it a national focus.
Well I agree that China is not a good model to follow, but as it pertains to tarrifs, dumping, and a floating currency we should at least protect our industry against these unfair trade barriers.
Well I agree that China is not a good model to follow, but as it pertains to tarrifs, dumping, and a floating currency we should at least protect our industry against these unfair trade barriers.
i don't. i support free trade. countries should specialize in things they are good at, and sell that to other countries.
China is screwing their own people by their currency practices, both in the sense that they are appropriating the wealth of their own successful exporters, and in the sense that they are lowering the standard of living for everyone in China. In the grand scheme of things we give them dollars , they ship us stuff. I'm ok with that aspect of the deal because it increases our overall wealth.
i don't. i support free trade. countries should specialize in things they are good at, and sell that to other countries.
China is screwing their own people by their currency practices, both in the sense that they are appropriating the wealth of their own successful exporters, and in the sense that they are lowering the standard of living for everyone in China. In the grand scheme of things we give them dollars , they ship us stuff. I'm ok with that aspect of the deal because it increases our overall wealth.
Yes in theory free trade is great. The overall economy is improved based on specialization. However, it only works if countries do not put up barriers that make free trade not free at all. If it were free trade you find american produce, meat and poultry in abundant supply all over the world, but that is not the case, because countries put up barriers to protect their industry. As a country we have a competitive advantage over most countries in the world in farming. Not only do we have some of the richest farm land in the world, we are really good at it and we have technological improvements that cannot be matched. In a real free trade market we would be raking it in with agriculture. Not so.
Try buying a piece of steak in Japan from the U.S. or anywhere else for that matter. They will not import it, eventhough we can do it far more cheaply than they can. Try buying an american car in Japan. You will be paying twice the price of it there in american dollars. That is becaue they have rigged the regulations so that the fees to import jack the cost of the car up to a point that Japanese cars are far cheaper.
Free trade only works when everyone is playing by the same rules. Other countries are ignoring the rules and we are playing by them. So if a country will not play by the rules stop playing with them or at least mirror their practices so that it is actually free trade.
We could do everything that you are suggesting and as long as a country can put tariffs on our goods to a point where they become too expensive we will still run a trade deficit.
there are ways around tariffs you know. take japan for instance. mazda built cars and truck in this country for years to avoid US tariffs on japanese made cars, and many other car companies did the same thing. it was cheaper to make the cars here and sell them here. now japan is going to end mazda 6 production at their flat rock michigan plant because it is now cheaper for them to make the next generation mazda 6 in japan and ship it here.
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I would like an example of how we have fallen behind in technology advances. Do you have a cite or is this your opinion?
take the steel industry in this country. we are just now starting to catch up with new technologies for making steel in this country, after being saddled with 1950s steel making technology until recently. also the auto industry, again we have been behind the technology curve in implementing cost saving robotic technology to build cars here. compare the way ford, gm, and chrysler build cars here compared to how cars are built in germany or japan. our assembly lines are less efficient than theirs due to technology advancements that those countries industries have implemented that we have not.
and a big part of why our industries have not implemented new technologies is due to government regulations and union contracts.
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2. China's industry is completely govt. owned and controlled. Germany has far more regulations on their industry than we do including higher taxes. YOur reasons fail based on simple common sense. Other countries have more restrictions and regulations and they are beating us so that cannot be the answer.
chinas industry is NOT completely government owned, but it is government controlled, and yes there is a big difference. as for germany, yes they have higher taxes, ON THE PEOPLE. their corporate tax rate is in fact LOWER than ours is, and our corporations have to spend tons of money complying with our tax code. and perhaps germany does have more regulation on business than we do, but they also have more consistent regulation as well. the regulations on our businesses are often fragmented and contradictory. where germany has a few government agencies that business has to satisfy, our businesses have several, and each has their own requirements. take california for instance. not only does a business there have to deal with federal laws regarding the environment, but california law as well, and often times they contradict each other.
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The message that you are sending is the message that multinationals have been spewing for a long time. They have no allegiance to any country they just want to make a bigger profit so they like less regulations and taxes. Lowering regulations and taxes on multinationals does not increase jobs in the U.S. if they are outsourcing all of the jobs to other countries.
the reason jobs are being outsourced is because of regulations and union work rules. ever work in a union shop? ever have to wait for the union electrician to change a light bulb that you could change yourself, but since you are not a union electrician you are essentially prevented from doing just that? chicago is losing convention business because the conventions are tired of having wait for a union electrician to decide to roll around and finally plug in a projector into a standard wall outlet.
you want to bring back manufacturing jobs to the US? then lets start by cutting back on government regulations, and reigning in union power.
Yes in theory free trade is great. The overall economy is improved based on specialization. However, it only works if countries do not put up barriers that make free trade not free at all.
i don't agree with that. when China erects a trade barrier to keep us out, that hurts them more than it hurts us. Having a competitive market is a good thing, even when your own industries lose out.
Yes in theory free trade is great. The overall economy is improved based on specialization. However, it only works if countries do not put up barriers that make free trade not free at all. If it were free trade you find american produce, meat and poultry in abundant supply all over the world, but that is not the case, because countries put up barriers to protect their industry. As a country we have a competitive advantage over most countries in the world in farming. Not only do we have some of the richest farm land in the world, we are really good at it and we have technological improvements that cannot be matched. In a real free trade market we would be raking it in with agriculture. Not so.
Try buying a piece of steak in Japan from the U.S. or anywhere else for that matter. They will not import it, eventhough we can do it far more cheaply than they can. Try buying an american car in Japan. You will be paying twice the price of it there in american dollars. That is becaue they have rigged the regulations so that the fees to import jack the cost of the car up to a point that Japanese cars are far cheaper.
Free trade only works when everyone is playing by the same rules. Other countries are ignoring the rules and we are playing by them. So if a country will not play by the rules stop playing with them or at least mirror their practices so that it is actually free trade.
if you want countries to play by the rules, then stop letting politicians negotiate free trade agreements with other countries, and start letting businessmen negotiate the agreements. that way there will be teeth put into those free trade agreements that will allow our government to respond accordingly.
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