"Layoffs too often became permanent, not part of the business cycle. And these changes didn't just affect blue collar workers. If you were a bank teller or a phone operator or a travel agent, you saw many in your profession replaced by ATMs and the internet," President Obama said at a campaign event in Kansas.
I can't stand this globalist/communist...but the fact is, the stage was set way before he took office by another group of global/communist/traitors...Clinton and Gingrich, with all the "free trade" deals they FORCED down the throats of the American populace. Ross Perot was 100% correct. Businesses were forced to go off shore or shut their doors. The country with the highest standard of living was FORCED to compete with 3rd world communist dictatorships where the peasants are more than happy tho work for $25.00 per week. Now we get to send money, we don't have, to countries that are gay/lesbian/transsexual friendly.
These globalists have hollowed out this once great country, they have bankrupted the people, they've stolen our wealth, shipped our jobs overseas, they've collapsed the real estate market and they are in the process of wiping out what is left of the middle class...and the American people still believe there's a difference in the republicans and the democrats. Ron Paul is THE ONLY man that's not in the pockets of these global communists.
Somewhere in the last 30 years we took a very wrong turn.
Think about Wall Street's role in society. It's important, but very, very narrow. They provide money to established companies to expand their business. Wall Street doesn't provide money to start companies. That money comes from the founder's savings, his/her friends and family, angel investors and venture capital firms. Wall Street provides money to established companies. That's it.
Yet, somehow in the last 30 years or so, Wall Street became the tail wagging the dog.
The politicians started focusing on how to make the stock market and bond market happy, rather than focusing on how to spur technological innovation and job creation in America.
America still innovates a lot -- more than any other country. But then we send the innovations overseas to be built elsewhere.
I am for free trade. I am for the global economy.
Americans are capable of competing with anyone anywhere. WE DON'T NEED LOW WAGES TO DO SO. We can out produce them with our productivity, based on our technological prowess. But our politicians have destroyed our competitive environment with their 78,000 page tax code and ever mounting regulations.
jwp...thanks for the thoughtful response, however history has proved you wrong on this. Not only is it 3rd world wages we can't compete with, but OSHA, EPA, EEOC and a million other rules and regs that don't have to be met in these other countries. I'm ABSOLUTELY for global trade...BUT with high tariffs. that's how this country ran for centuries. It brought manufacturing TO this country. We now have a country that is run by and for these global corporations...at the expense of our freedoms and national sovereignty.
history has proved you wrong on this. Not only is it 3rd world wages we can't compete with, but OSHA, EPA, EEOC and a million other rules and regs that don't have to be met in these other countries
You've told me I'm wrong but you just agreed with me...
We can't compete because of our tax code and all of the regulations from OSHA, EPA, EEOC and a million other rules and regs that don't have to be met in these other countries...
That's what I said. It's the truth. We agree.
American entrepreuers and workers can out compete anyone, anywhere.
The reason we are not doing so is due to the U.S. government's rules and regulations.
We can't compete because of our tax code and all of the regulations from OSHA, EPA, EEOC and a million other rules and regs that don't have to be met in these other countries...
That's what I said. It's the truth. We agree.
On this we agree...The playing fields are certainly NOT level...wages are a part of that scenario.
Agreed 100%. But it also becomes a national security issue when we can't even make the planes, tanks, bullets, clothing and supplies our troops need in time of war...what happens when we go into the next war and we are UNABLE the supply the needs of our soldiers. Not only have the factories moved, but the tools and dies are no longer here to make this stuff.
I live near NC and this area has been destroyed because the textile and furniture industry has moved off shore...look at Detroit, at one time, it was fabulously wealthy..., look at the value of real estate across the country. Do you realize we have to outsource the bullets we are using in Iraq...and most of the clothing is made in China?
I lived in North Carolina when I was in the Air Force. It's a great place.
Can I make a point about National Security?
If we were at war, it would be very easy for us to quickly ramp up production of cloths and shoes because they are not hard to make. We could do it overnight.
It would be impossible for us to quickly ramp up producing microprocessors and other semiconductors.
Semiconductor fabs have to be several orders of magnitude cleaner than hospital operating rooms. It's really, really hard to do this.
Intel says that it costs $4 billion to open a new semiconductor fab in America. $1 billion of those costs are due to government taxes and regulations. Intel doesn't have to deal with those government costs in Asia. So most of their new fabs are being opened in China.
This is a huge problem for our prosperity, national security, and future.
I live in Seattle. It's a pretty good place. But the machinist union has Boeing by the balls. So, Boeing decided to open a second Dreamliner assembly line in South Carolina. Obama's Labor Relations Board stopped it. As a result, my guess is that Boeing will now just go overseas.
The U.S. government is crazy stupid. They just don't understand how the world has changed and what we need to do to compete.
The U.S. government is crazy stupid. They just don't understand how the world has changed and what we need to do to compete.
Crazy stupid. That is what we are dealing with.
I've never been to Seattle but I'd love to do a bike run out there...I'm sure it's GORGEOUS. I rode out to Sturgis several years ago and, if I'd had a little more time, would have continued out to the pacific west coast...it's definitely on the bucket list. I live in the heart of the Blue Ridge Mountains and it's a little piece of heaven on earth.
I don't for one minute think these folks are crazy...evil certainly, but not crazy. This is all part of their "world government" agenda. The middle class must be destroyed in order to be controlled.
Thanks JW...I try to do a "big" bike trip once a year. It'd love to take about 3 months off and do the whole cross country thing, but this summer I was really busy and didn't do anything but a couple short trips. You are a very gracious person for making your offer...if the opportunity arises, I'll let you know and we can "solve the world's problems" over a nice meal at a restaurant of your choice...I'm buying :?)