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Old 04-24-2012, 10:43 PM
 
4,538 posts, read 4,810,367 times
Reputation: 1549

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It's a lose-lose proposition...

"According to the Economic Policy Institute, the U.S. economy loses approximately 9,000 jobs for every $1 billion of goods that are imported from overseas.

For example, the United States has lost an average of 50,000 manufacturing jobs per month since China joined the World Trade Organization in 2001.

So what is Barack Obama doing about all of this?

Well, Obama has been aggressively pushing for even more "free trade" agreements. The Obama administration has inked deals with Panama, South Korea and Colombia and the Obama administration is making the Trans-Pacific Partnership ("the NAFTA of the Pacific") a very high priority.

Well, Mitt Romney must be criticizing these moves, right?

No, Romney has actually criticized Obama for not pushing for more "free trade" fast enough.

Mitt Romney wants to make it even easier for jobs to go out of the country and for other countries to drain our wealth. The following quote comes directly from the Romney campaign website....

Access to foreign markets is crucial to growing our economy. We must reassert American leadership in international negotiations, follow through on commitments we have already made, and push aggressively for advantageous new agreements."


There Is Not Going To Be A Solution To Our Economic Problems On The National Level
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Old 04-24-2012, 11:03 PM
 
3,045 posts, read 3,192,354 times
Reputation: 1307
Quote:
Well, Obama has been aggressively pushing for even more "free trade" agreements. The Obama administration has inked deals with Panama, South Korea and Colombia and the Obama administration is making the Trans-Pacific Partnership ("the NAFTA of the Pacific") a very high priority.
Did you not pay attention in college/high school when they proved a deadweight loss to the economy due to barriers of trade?
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Old 04-25-2012, 08:23 AM
 
4,538 posts, read 4,810,367 times
Reputation: 1549
Quote:
Originally Posted by noexcuseforignorance View Post
Did you not pay attention in college/high school when they proved a deadweight loss to the economy due to barriers of trade?
Back in the days of my 'college/high school', the job market was a hell of a lot better than it is today - so yes, I WAS payiing attention!
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Old 04-25-2012, 08:25 AM
 
Location: Arkansas
374 posts, read 812,303 times
Reputation: 567
This is probably a more realistic view than people would like to believe.
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Old 04-25-2012, 08:25 AM
 
23,838 posts, read 23,117,461 times
Reputation: 9409
That train has already left the station. The jobs aren't coming back under the current wage/benefit structure in America unless hefty tax breaks are thrown at businesses. Are Democrats prepared to do that? We already know the answer. Barack Obama is the antithesis. Mitt Romney is the far better candidate to deal with this problem.
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Old 04-25-2012, 08:29 AM
 
Location: Hoboken
19,890 posts, read 18,747,845 times
Reputation: 3146
Quote:
Originally Posted by KRAMERCAT View Post
It's a lose-lose proposition...

"According to the Economic Policy Institute, the U.S. economy loses approximately 9,000 jobs for every $1 billion of goods that are imported from overseas.

For example, the United States has lost an average of 50,000 manufacturing jobs per month since China joined the World Trade Organization in 2001.

So what is Barack Obama doing about all of this?

Well, Obama has been aggressively pushing for even more "free trade" agreements. The Obama administration has inked deals with Panama, South Korea and Colombia and the Obama administration is making the Trans-Pacific Partnership ("the NAFTA of the Pacific") a very high priority.

Well, Mitt Romney must be criticizing these moves, right?

No, Romney has actually criticized Obama for not pushing for more "free trade" fast enough.

Mitt Romney wants to make it even easier for jobs to go out of the country and for other countries to drain our wealth. The following quote comes directly from the Romney campaign website....

Access to foreign markets is crucial to growing our economy. We must reassert American leadership in international negotiations, follow through on commitments we have already made, and push aggressively for advantageous new agreements."


There Is Not Going To Be A Solution To Our Economic Problems On The National Level

While that is certainly true. the Obama administration has put impediments in place that, prevent job creation. Such as burdensome regulations.
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Old 04-25-2012, 08:33 AM
 
Location: By the sea, by the sea, by the beautiful sea
68,329 posts, read 54,363,738 times
Reputation: 40731
Quote:
Originally Posted by shorebaby View Post
While that is certainly true. the Obama administration has put impediments in place that, prevent job creation. Such as burdensome regulations.

Well, you get a B+ in Sound Bite 101

Now, some specifics?

Last edited by burdell; 04-25-2012 at 08:47 AM..
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Old 04-25-2012, 08:36 AM
 
Location: Home, Home on the Front Range
25,826 posts, read 20,695,649 times
Reputation: 14818
I think that the most that any president can do is try to ensure that the country is fairly represented, that trade is balanced and markets are opened to our products to the extent possible.

Companies are bringing jobs back to the U.S. or are at least thinking about it so, I'm seeing the glass as half full.

"According to a survey by the Boston Consulting Group of executives at 106 manufacturing companies with $1 billion or more in sales, 37 percent said they are planning or "actively considering" onshoring. Among companies with more than $10 billion in revenue, that percentage shot up to nearly half. "

Economy Watch - As factory jobs return to US, the need for technical training grows
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Old 04-25-2012, 08:43 AM
 
23,838 posts, read 23,117,461 times
Reputation: 9409
Quote:
Originally Posted by TigerLily24 View Post
I think that the most that any president can do is try to ensure that the country is fairly represented, that trade is balanced and markets are opened to our products to the extent possible.

Companies are bringing jobs back to the U.S. or are at least thinking about it so, I'm seeing the glass as half full.

"According to a survey by the Boston Consulting Group of executives at 106 manufacturing companies with $1 billion or more in sales, 37 percent said they are planning or "actively considering" onshoring. Among companies with more than $10 billion in revenue, that percentage shot up to nearly half. "

Economy Watch - As factory jobs return to US, the need for technical training grows
They do so under the premise of tax breaks and/or other benefits extended to them by the government. The Almighty Dollar is the driving force, not some display of patriotic duty to re-employ American's. While it's good news that companies are potentially willing to repatriate, I'm still quite skeptical of what it will mean in the grand scheme as far as benefits and other handouts go.

Democrats need to decide whether they hate corporations or love them. Because until corporations have an incentive to come back to America, they'll continue to operate in their best interests, wherever on the planet that may be. That's why Barack Obama is the antithesis. His anti-business, anti-corporation bent is not helpful in the slightest if we are to achieve certain trade balance.
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Old 04-25-2012, 08:46 AM
 
12,270 posts, read 11,326,320 times
Reputation: 8066
Quote:
Originally Posted by AeroGuyDC View Post
That train has already left the station. The jobs aren't coming back under the current wage/benefit structure in America unless hefty tax breaks are thrown at businesses. Are Democrats prepared to do that? We already know the answer. Barack Obama is the antithesis. Mitt Romney is the far better candidate to deal with this problem.
What we need is a president who understands the changes occuring in the manufacturing sector, and IMO Romney is the guy for that.

I get where Obama is coming from, he's all about "fairness", but that's not a business policy designed to create wealth in this country.

There is a fascinating article on the upcoming changes in the manufacturing sector in the latest Economist, especially about 3D printing. It's a long article, so forget politics, make a cup of coffee and see where we are headed.

Factories and jobs: Back to making stuff | The Economist
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