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Forums » The Broadband Stimulus Gets, Uh, Less Patriotic? » Global Economy
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Matt
Take me down to the paradise city
Premium
join:2003-07-20
Jamestown, NC
·North State Commun..

Global Economy

The sooner we realize that we are moving to a global economy and the money is no longer in manufacturing, the better off we'll be. This is why we need investment in math and science, we're never again going to be able to compete in the manufacturing sector like we did post-WWII. It's time to move on.


Bit
Premium
join:2009-02-19
00000
·VOIPo
·Cox HSI

Tell that to China who is pushing "Buy China" in their own stimulus plans.

It seems that the US is the only one worried about participating in the "global" economy. Everyone else is looking out for their own best interests and if it fits the "global" equation so be it and if it doesn't, so be it.

We will never "compete" with the slave wages, zero environmental regulations, lower taxes and near-zero regulatory burden companies face overseas. The 'big sucking sound' is the reality of the global economy bitch slapping the US into 3rd world status.
--
POKE 65495,1

russotto

join:2000-10-05
Collegeville, PA

reply to Matt
Well, you should be happy. The cap-and-trade bill should be the coup-de-grace to American manufacturing. Also electrical power generation. I'm not sure what good math and science will do, perhaps we can export engineers to countries which still can make things?


Alfred Newman

@chase.com

reply to Matt
Hard to do that when that is exactly what is getting cut from state budgets, higher college tution fees, not to mention we don't make anything now a days. We import everything from kids toys to software engineers. What was the blazing road to the future is now a fading memory of the past.


Matt
Take me down to the paradise city
Premium
join:2003-07-20
Jamestown, NC
·North State Commun..

reply to Bit
said by Bit See Profile :

Tell that to China who is pushing "Buy China" in their own stimulus plans.

It seems that the US is the only one worried about participating in the "global" economy. Everyone else is looking out for their own best interests and if it fits the "global" equation so be it and if it doesn't, so be it.

We will never "compete" with the slave wages, zero environmental regulations, lower taxes and near-zero regulatory burden companies face overseas. The 'big sucking sound' is the reality of the global economy bitch slapping the US into 3rd world status.
Whenever there is a paradigm shift in the GDP of a country, there is a period of recession as the new model really gets rolling. China can do whatever they want and I don't blame them for pushing "Buy China." How many times have I been called unpatriotic for not buying an American made car because I wanted something reliable? The fact is, we do it too.

So, let China keep their low-wage manufacturing while we create high-paying science and technology jobs. They can continue to make products that are, as Apple puts it, "Designed in California, Made in China" That arrangement works out rather well for us.

cornelius785

join:2006-10-26
Worcester, MA

reply to Matt
I agree completely.

People NEED to realize that DESIGN and MANUFACTURE are 2 mostly independent tasks. The 'nothing is made in america' excuse is pretty lame as to why you can't design stuff. Take a look around, there are companies out that design products within one country and then mass produce it in other(s)

When it comes to a global economy and global competition, people have to options: adapt and compete or cry.


BillRoland
Premium
join:2001-01-21
Ocala, FL
clubs:
·Cox HSI

reply to Matt
said by Matt See Profile :

So, let China keep their low-wage manufacturing while we create high-paying science and technology jobs. They can continue to make products that are, as Apple puts it, "Designed in California, Made in China" That arrangement works out rather well for us.
Works out just fine, as long as they don't cut us off.

Self reliance is not only good policy, its just common sense.
--
"Don't steal. The government hates competition."
Beyond AM. Beyond FM. XM


Bit
Premium
join:2009-02-19
00000
·VOIPo
·Cox HSI

reply to Matt
What high paying science and technology jobs? Thanks to H1b even work done in the US is done at substandard wages because what jobs aren't outsourced, we bring in immigrants to depress our wages.

You have NO economy without a large manufacturing base, period. It is manufacturing, not design, that drives an economy.
--
POKE 65495,1


Bit
Premium
join:2009-02-19
00000
·VOIPo
·Cox HSI

reply to cornelius785
The third option is to no encourage policy that makes it easier to conduct business outside the US and encourage policy that makes it easier to manufacture in the US.

Instead of FLOGGING US manufacturers with endless taxes and job killing regulation, how about we ease those burdens so they can put more people to work.

A design only economy is not sustainable. There simply aren't enough design jobs. Ongoing manufacturing is what sustains an economy. Supply a man a fish and you have a fishing job for life. Teach the man to fish and you are unemployed as soon as you are done teaching.
--
POKE 65495,1


major marco
Res Firma Mitescere Nescit
Premium
join:2003-02-13
Stepford, CA
clubs:

reply to russotto
said by russotto See Profile :

I'm not sure what good math and science will do, perhaps we can export engineers to countries which still can make things?
Beautiful theory except that the U.S. is the only country on the planet that allows anything that washes up on its shores/sneaks over its borders to stay there and finance it indefinitely on the taxpayers dime. Any other country has stringent education and age criteria that be must met in order to emmigrate or you get tossed on your ass back to your country of origin. And rightfully so...the rest of the world has realized that a parasite is a parasite and won't subsidize. Except the U.S. We finance all parasites because the corporations want cheap labor.
--
The Toll

Tracking Lord Stanley


S_engineer

join:2007-05-16
Chicago, IL
·Comcast


1 edit
reply to Matt
said by Matt See Profile :

The sooner we realize that we are moving to a global economy and the money is no longer in manufacturing, the better off we'll be.
You can't have a major economy without manufacturing...you can't even have a middlel class without manufacturing. Without manufacturing we become a service sector nation, with wages that compete on a global scale, or to be specific, Chinese wages. Those that push a global economy can only look at themselves when taxes go through the roof for subsidies for Americans to have homes, healthcare, and services. The Chinese have been subsidizing thier own manufacturing through manipulation of the yuan, lowering the value of the dollar in China. Asian Steel Companies have flooded the market with cheaper low grade steel killing the US steel manufacturers. And you want to apease these same countries by saying "we're moving on"?
The Chinese have actively been in a trade war with the US for over a decade......and typical of US policy, we won't act until it's too late.
--
BF69~~~Please stop suffocating gerbils!

JSRoman
Premium
join:2005-03-10
Callahan, FL

reply to major marco
Re: Global Economy

"Give me your tired, your poor,
Your huddled masses yearning to breathe free,
The wretched refuse of your teeming shore.
Send these, the homeless, tempest-tost to me,
I lift my lamp beside the golden door!"
--
»www.seabee.navy.mil


morbo
Complete Your Transaction

join:2002-01-22
00000
clubs:
USA allows the most people through it's doors (legally) every year than any other country. Add in illegals and... well

patcat88

join:2002-04-05
Jamaica, NY
reply to BillRoland
So what happens when China embargoes us? Military police seizing all electronics in the USA to find components and transistors to build a tank or a radar system or avionics?


Bit
Premium
join:2009-02-19
00000
reply to JSRoman
While a nice "feel good" sonnet, Emma Lazarus didn't write our immigration law.
--
POKE 65495,1


Matt
Take me down to the paradise city
Premium
join:2003-07-20
Jamestown, NC
·North State Commun..


1 edit
reply to Bit
said by Bit See Profile :

What high paying science and technology jobs? Thanks to H1b even work done in the US is done at substandard wages because what jobs aren't outsourced, we bring in immigrants to depress our wages.

You have NO economy without a large manufacturing base, period. It is manufacturing, not design, that drives an economy.
I respectfully disagree. The reason we have to many H1B Visa's is because our country is woefully behind in math. Before Obama was elected, there was an article in Discovery magazine I believe where the Top 100 CEO's and scientists were asked what they'd like to see. It was almost unanimous that we need to push math, science, and basic research in this country as other countries that we issue H1B Visa's too are well ahead of us in those areas.

All one has to do is look at my area which was heavily dependent on textile and furniture manufacturing to see that you don't need manufacturing to have an economy. We lost virtually all textile manufacturing within the past 10 years and yet managed to get the vast majority of those workers retrained and placed into good paying technology service jobs.

JSRoman
Premium
join:2005-03-10
Callahan, FL

reply to Bit
Correct but people come her for a reason. No matter how shitty we might think our country is the opportunity it provides it miles above the abyss of a country they are usually coming from. Should it be controlled of course but that is a problem with our congess not with the folks coming here.
--
»www.seabee.navy.mil


Matt
Take me down to the paradise city
Premium
join:2003-07-20
Jamestown, NC
·North State Commun..

reply to patcat88
said by patcat88 See Profile :

So what happens when China embargoes us? Military police seizing all electronics in the USA to find components and transistors to build a tank or a radar system or avionics?
Hopefully the tinfoil hat shipment will make it through first.

Seriously though, why would they do this? Their entire economy is tied to our GDP. If they embargoed us, their economy would tank and they know it. All one has to do is look at the global financial collapse to see that we can't go it alone and that policy is absurd. We're in a global economy now whether we like it or not so we should act like it.

Wearing blinders and ignoring a perceived problem won't make it go away, no matter how long we close our eyes and hold our breath.


S_engineer

join:2007-05-16
Chicago, IL
·Comcast

Perceived problem? you must be young. What do you think that GDP would look like as a service sector nation? There is a trade war on now, just because you don't recognize that doesn't mean it's not there
--
BF69~~~Please stop suffocating gerbils!
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