popeye1250
Posts: 18104
Joined: 1/27/2006 From: New Hampshire Status: offline
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quote:
ORIGINAL: StrangerThan quote:
ORIGINAL: popeye1250 I've been saying this for years and I don't have anywhere near the credentials or letters behind my name as Mr. Roberts. It's just common sense that if working people make less each year they'll be able to afford to buy less each year. Everytime cos. ship 100,000 blue collar jobs overseas to "save money" we're also losing 30-40,000 white collar jobs as well and the "support" jobs that go with them! This "global economy" crap *DOES NOT WORK*. Until we get rid of all those suicidal "free-trade" deals things will *continue to get worse!* We simply cannot continue to allow "big business" to run our government! Who's better off, the waitress with a "degree" and a $600 nut to pay off over the next 20 years every month on a $120k outstanding student loan or the waitress who can take that $600 per month and invest it over the next 20 years? Colleges and Universities are training people for "jobs" that aren't or won't be there when they graduate. I read somewhere where some high schools are graduating 60% of their senior classes who'll be going on to college or uni! We simply do not need that many people running around with "degrees" in this country. Politicians are fond of saying that kids will be "graduating for the jobs of the future" or some such nonsense. What jobs? Fifteen bucks an hour jobs in the "service sector?" (If you ask them point blank what jobs they can't tell you!) Sure, some "degrees" are worth persuing like in medicine. And in other specialised areas. But, until we get Manufacturing back in this country it's going to be a long slow slide. The mark of intelligence is to know when something doesn't work and change your course. I always viewed free trade agreements in comparable terms to setting a glass almost full of water next to one that was almost empty and connecting a tube between them at the bottom. The effect is to drain water from the first into the second until a point of equilibrium is reached. To put it in more tangible terms, while some in rich countries will benefit and make massive amounts of money, the relative wealth of those countries will drop, while the relative wealth of poor countries will rise. That process of reaching equilibrium translates into a lot of pain in richer countries as business relocates to cheaper work forces, fewer environmental regulations, fewer taxes. Lost jobs can be replaced, but the real problem isn't just finding another job, it is finding comparable employment. The US has lost a lot of manufacturing jobs and gained a lot of service industry jobs. The two are not equal and never be will beyond the fact that both are jobs. Some professions thrive and will continue to do so. The base however, does not. I don't understand how anyone who is gung-ho for free trade couldn't expect economic troubles in what were richer countries. I don't care how wonderful a product you make, being competitive with a company who produces similar items - even of lesser quality, but at a fraction of the cost is never going to be easy and your share of the pie will shrink over time. It almost has to as that wealth is drained from point A to point B. Face it. As wealth migrates, it shrinks. A $50,000 job here becomes a $10,000 job somewhere else. The relative wealth of the person on the other end rises, but the only way the relative wealth of the person at the origin can even remain static is if that person finds comparable employement and does so in an area where the number of workers is rising while the numbers of comparable jobs is decreasing. Both sides often end up somewhere in between and both are going to be more inclined to buy the knock off at a cheaper price than buy the wonderfully engineered product you're trying to produce. I'm not an economist and I don't have any golden answers. But the playing field in a global economy is so uneven that weath will naturally gravitate towards the lower end. That's good news for some, not so good news for others. The US has had a high standard of living for decades now. That standard is going to adjust. That adjustment is going to be, and has already been painful for a lot of people. The area where I grew up has lost virtually all of its manufacturing and while I like the sight of plants sprawled across the countryside probably less than most, what is left are a lot of service industry jobs that pay a fraction compared to the jobs that were lost. The professions that do well are health, technology, legal and a few others. Shrug. Stranger, well said! Like Ross Perot said, "it's a race to the bottom!" None of all these "free-trade" deals (outsourcing deals) that business and politicians have gotten us involved in are "good" for the American People. They were never intended to be. They were intended to be "good" for business only. They were put together by lobbyists, big business and politicians. The American People had no say in them! This is nothing but corruption on a grand scale. P.S. my life isn't any "better off" because I can buy a pair of shoddy jeans made in China for $12 instead of a nice pair of jeans made in the U.S. for $20. In my case those companies won't be getting any of my money.
< Message edited by popeye1250 -- 2/14/2009 10:51:21 AM >
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"But Your Honor, this is not a Jury of my Peers, these people are all decent, honest, law-abiding citizens!"
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