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The American business community has just been selling off assets accumulated by preceding generations since the mid-1970s.
Millions of people, workers and managers alike, worked for generations to build up the wealth we had at that time. And a small slice of people with no compunctions decided to sell it off or give it away because they themselves could make a small commission on the sale. It has been economically and politically ruinous,.and they call you a racist if you object to this.
Billions in Industry infrastructure were moved to communist China in order to enrich upper management.
The government should have stepped in and put a stop to that because it is a National Security Issue.
Instead, what happened is the business community whined about their economic freedoms to make money, paid off politicians in campaign donations and bribes, parked lobbyists in Washington DC to push their agenda and the rest is history.
Capitalists and Big Business own all the problems they have done to this nation in their unrelenting greed.
The American business community has just been selling off assets accumulated by preceding generations since the mid-1970s.
Millions of people, workers and managers alike, worked for generations to build up the wealth we had at that time. And a small slice of people with no compunctions decided to sell it off or give it away because they themselves could make a small commission on the sale. It has been economically and politically ruinous,.and they call you a racist if you object to this.
With National Capitalism, you are going to have winners and losers at the individual level in the country. Ok.
With Global Capitalism, you are going to have winner and loser nations. But our Constitution says our country, not global capitalists wallets come first so there is a problem here.
It is not Communism or Socialism, but Capitalists that are the problem.
They want all the rewards that come with capitalism, global or otherwise, but none of the social costs that come from their Greed that recks havoc at the National Level.
Capitalism always came with an unspoken social contract: for the good of the nation. Globalization to its extreme as we had makes that a lot more difficult to maintain. Worked great for a while, until it didn't.
uhm… the outsourcing of jobs....globalization is a true leftist policy....
Blame it on consumers that want cheaper products. Did you buy an American TV set or appliance. This isn’t some fictitious globalism, it’s consumers.
yes you can... but we need to do like we did in the 50's thru late 70's (when US manufacturing was king) and have import tariffs to keep the playing field level
actually I have been asking for import tariffs since bush was in orifice
tariffs are a god thing, they level the playing field... but the globalist liberals don't want them, because they would rather have china win than America
it is not the free market
free trade is not free market...its the globalist liberal government pushing socialism/globalism which makes the markets NOT free and un even
when the liberals of the 80's and 90's and even the 00's eliminated the import tariffs they made the "market" uneven
an import tariff is a good thing
how about this question
why is Apple (an American company) manufacturing all its products in china, and not the Silicon Valley???? why should apple be allowed to import its foreign made products into the USA for free??? why is Apple screwing Americans, selling phones at $700+ a pop, while they are making them for 80 cents by paying slave wages to Chinese and not American wages to Americans??
I, and most educated Americans, want the iPhone/ipad made in America,... Apple is an American company, it should be making its product here, using an American workforce, made by Americans, for Americans @ American wages
that is the point of these tariffs, to reverse the outsourcing from the globalist liberal policies of "freetrade"
the key to these tariffs, not the country of origin, but that American companies have outsourced our labor force
why should GE (an American company HQ'd in Boston) make all its alarm clocks etc in Mexico and Malaysia???
think about it
median USA hourly wage is 23-25/hr
median Mexico wage 160/week
and you wonder why GE makes all its alarm clocks in Mexico.... and PAYS ZERO to import them to the USA... do you think that is really fair??
why should GM (an American company HQ'd in Detroit, MI) make all its vehicles in Mexico???
think about it
GM assembly plant average hourly wage USA hourly wage is 45/hr
median Mexico wage 160/week
and you wonder why GM moved its assembly plants to Mexico.... and PAYS ZERO to import them to the USA... do you think that is really fair??
why should Apple (an American company HQ'd in Cupertino, California, ) make all its iphines, ipads, etc in china
think about it
median USA hourly wage is 23-25/hr
median china wage 228/week
and you wonder why Apple makes all its electronics in China and not the Silicon Valley.... and PAYS ZERO to import them to the USA... do you think that is really fair??
who pushed the "free trade" agreements...the globalist liberal democrats and the neo-cons (liberals)
It’s cute that you think this is a left/right thing. Industry bought the government to get policies favorable to them. Which party is in power makes little difference.
But historically it was the liberals who stood behind unions, tariffs, and the domestic manufacturer. Free trade was the lifeblood of the conservatives. Let the market solve everything.
Blame it on consumers that want cheaper products. Did you buy an American TV set or appliance. This isn’t some fictitious globalism, it’s consumers.
I do not believe that is completely true and fair.
If we are to blame those buying with their wallets, who bought first?
Business lobbyists and donors buying politicians to forge trade with China or Consumers buying from the fruit of such policies?
It also begs the question, who has more power over politicians, deep pocket businessmen or consumers?
I do not believe that is completely true and fair.
If we are to blame those buying with their wallets, who bought first?
Business lobbyists and donors buying politicians to forge trade with China or Consumers buying from the fruit of such policies?
Partially true but if Apple moved all those manufacturing jobs back here we would be paying more for I-phones and what happens to Samsung. They get the world market and we get more expensive phones in the US, will consumers be willing to pay more. Same with the appliance manufacturers moving to Mexico. Do we want to put up a wall around American manufacturing and contain them here and block imports.
I do not believe that is completely true and fair. If we are to blame those buying with their wallets, who bought first?
Business lobbyists and donors buying politicians to forge trade with China or Consumers buying from the fruit of such policies?
It also begs the question, who has more power over politicians, deep pocket businessmen or consumers?
It's a business decision - to want to be more competitive to attract more buyers - to cut costs. It only takes 1 business to think like that and the rest will follow.
Still the same issue - competition drives down prices - no matter the cost. The vary nature of capitalism we all worship very much.
Friedman’s Shareholder Theory is a big part of the problem. Set the notion that a company has no duty other than to deliver as much profit as possible to shareholders. So they don’t have rainy day funds or give a crap about the community, unless it impacts profits.
Sorry you're jealous and envious of those that have done better. Maybe try harder and make better choices next time.
I’m not jealous or envious at all, and I’ve made very good choices and done very well for myself. I happen to have empathy for the working man who works his butt off and just gets by while the Jeff Bezos of the world work them for all they got, don’t pay a living wage, deny them health insurance, and a decent pension.
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