Bit
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join:2009-02-19
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 ·VOIPo
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| reply to Matt
Re: Global Economy
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.
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Matt
Take me down to the paradise city
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join:2003-07-20
Jamestown, NC
 ·North State Commun..
| said by Bit  :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. |
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BillRoland
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join:2001-01-21
Ocala, FL
clubs:
·Cox HSI
| said by Matt :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.
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Bit
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join:2009-02-19
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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.
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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? |
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Matt
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join:2003-07-20
Jamestown, NC
·North State Commun..
1 edit | reply to Bit
said by Bit :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. |
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Matt
Take me down to the paradise city
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join:2003-07-20
Jamestown, NC
·North State Commun..
| reply to patcat88
said by patcat88 :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. |
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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
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dang1337
join:2009-06-22
·RoadRunner Cable
| reply to Matt
How much of our population qualifies for "high-paying science and technology jobs"? I'm going to guess its a lower than the amount of people that once could support their families and occasionally splurge for a new car or family vacation all on one income like our fathers and grandfathers.
What good is making products for cheaper overseas when you gut out the same market you're trying to sell your items to? The middle class with jobs rooted directly in the manufacturing centers of America elevated the country to Superpower status, only to see corporate greed with legislative support(or apathy at the very least) polarize our population into 2 disparate economic groups similar to pre WWII status. |
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Bit
Premium
join:2009-02-19
00000
1 edit | reply to Matt
Wrong. These tech companies are just interested in cheap labor. They could get Americans to do those jobs, they just don't want to pay them what they are worth.
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TKJunkMail
Enjoy the sun
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join:2002-03-03
Avalon, NJ
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| reply to Bit
said by Bit :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. And as long as the Chinese own our souls because they hold most of our debt, then US gov't leaders won't do a thing about it.
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TKJunkMail
Enjoy the sun
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Avalon, NJ
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| reply to Matt
said by Matt :So, let China keep their low-wage manufacturing while we create high-paying science and technology jobs. But we aren't doing that either. Much of those high-paying science and technology jobs are going to India.
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elios
join:2005-11-15
Springfield, MO | reply to Matt
except that you know the "high-paying science and technology jobs" will just become the "low-paying science and technology jobs"... In India. |
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