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ORIGINAL: lockedaway

Outsourcing benefits the shareholder and the executives, that is true.  But it also benefits the consumer, the people that load the ships, the harbor pilots, the ship's crew, the country that charges the tariff, truckers, warehousemen, customs inspectors and many, many more people.

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It takes a real piece of shit to post a chart and omit the article that explains the chart and all of the other corresponding charts in the piece. Isn't that right, Musicmystery?

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ORIGINAL: Termyn8or

FR

Look if you want to compare jobs, why not compare jobs that really produce a saleable product, which could offset the trade deficit ? Can't do it huh.

T^T

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ORIGINAL: EternalHoH

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ORIGINAL: lockedaway

Outsourcing benefits the shareholder and the executives, that is true.  But it also benefits the consumer, the people that load the ships, the harbor pilots, the ship's crew, the country that charges the tariff, truckers, warehousemen, customs inspectors and many, many more people.

It benefits the owner/shareholder class more than it benefits the working class consumer in this country. Our sneakers that are $5 cheaper at Walmart is a SECONDARY benefit to the 90% reduction in production costs enjoyed by the ownership/shareholder class.

Playing up the "transportation jobs" needed to haul the cheap imported shit is asinine.  We do not gain near enough as we lost.

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Manufacturing jobs fell throughout Bush's term; Jan. 2010 begins the upswing...which is a very gradual one at that--282,000 jobs.

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ORIGINAL: Musicmystery

Incidentally, I was curious about what happened before Bush in manufacturing jobs, especially since 1994 (NAFTA), to see where the slide started. I didn't expect to see that, in fact, it dipped significantly but recovered, and the free slide did indeed start under Bush, only turning around again at the start of Obama's second year (presumably, as a result of his export program).

So now I'm wondering why the steep decline under Bush. It does start in 1998, before free falling in 2000. Any ideas?

Also, NAFTA did not have the loss impact on manufacturing people assume...net manufacturing jobs grew. I understand the mythology, though, as certainly some plants closed, and people are going to focus on those, not the ones that opened or expanded.

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ORIGINAL: Termyn8or

FR

The best they could ever do is to make all offshore payments non-deductible. FULL tax is levied on EVERY good that comes into this country and there is simply no deduction for it. The problem is that I'm not sure there is any significant deduction on the corporate level. It might just be that the business climate here is just so fucking inhospitable that even is we gave them free labor, they might not come.

http://www.marketoracle.co.uk/Article28563.html

This is all bullshit while your store boughten reps scurry away with millions of your dollars ? OK fine. They have the experise, I ask, the expertise at WHAT ? The best rule us, the best steal from us, the best are destroying us.

Happy now ?

T^T

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What you are proposing is no different than a tarriff. All it does is increase prices.

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You never complain about domestic weed prices.

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ORIGINAL: Musicmystery

Incidentally, I was curious about what happened before Bush in manufacturing jobs, especially since 1994 (NAFTA), to see where the slide started. I didn't expect to see that, in fact, it dipped significantly but recovered, and the free slide did indeed start under Bush, only turning around again at the start of Obama's second year (presumably, as a result of his export program).

So now I'm wondering why the steep decline under Bush. It does start in 1998, before free falling in 2000. Any ideas?

Also, NAFTA did not have the loss impact on manufacturing people assume...net manufacturing jobs grew. I understand the mythology, though, as certainly some plants closed, and people are going to focus on those, not the ones that opened or expanded.

• Europe Insight Blog
• Eye on Asia Blog

[/link]A lost decade for Jobs Posted by: Michael Mandel on June 23 Private sector job growth was almost non-existent over the past ten years. Take a look at this horrifying chart: Between May 1999 and May 2009, employment in the private sector sector only rose by 1.1%, by far the lowest 10-year increase in the post-depression period. It’s impossible to overstate how bad this is. Basically speaking, the private sector job machine has almost completely stalled over the past ten years. Take a look at this chart: Over the past 10 years, the private sector has generated roughly 1.1 million additional jobs, or about 100K per year. The public sector created about 2.4 million jobs. But even that gives the private sector too much credit. Remember that the private sector includes health care, social assistance, and education, all areas which receive a lot of government support. I’ve been talking about the HealthEdGov sector. Take a look at this table: 10-year Job Growth: HealthEdGov Sector Dominates 



Industry Change, May 1999-2009
(thousands of jobs)*

Private healthcare 2898 Food and drinking places 1567 Gov educ 1390 Professional and business services 885 Gov except health and ed 843 Social assistance 796 Private education 772 Arts, entertainment, and recreation 188 Gov health 148 Mining 133 Financial activities 130 Utilities -40 Transportation and warehousing -43 Retail -91 Accomodations -119 Wholesale -166 Construction -238 Information -525 Manufacturing -5372

*Gov health and gov educ based on April 2009 estimates Data: BLS
Most of the industries which had positive job growth over the past ten years were in the HealthEdGov sector. In fact, financial job growth was nearly nonexistent once we take out the health insurers. Let me finish with a final chart. Without a decade of growing government support from rising health and education spending and soaring budget deficits, the labor market would have been flat on its back. TrackBack URL for this entry: [link=http://blogs.businessweek.com/mt/mt-tb.cgi/14742.1362013618]http://blogs.businessweek.com/mt/mt-tb.cgi/14742.1362013618

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ORIGINAL: Termyn8or

FR

Look if you want to compare jobs, why not compare jobs that really produce a saleable product, which could offset the trade deficit ? Can't do it huh.

T^T

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Why don't you just do a mea culpa and admit that you lie to people when you show only a small segment of what the truth is. It is very Anthony Weiner of you to lie and then to cover it up. Look...you showed a chart of the last year of W's presidency after this country had 6 years of prosperity. You used that chart to try to taint his whole presidency. Now you come out with even more bullshit and you show another tiny little snapshot.

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ORIGINAL: Musicmystery

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It takes a real piece of shit to post a chart and omit the article that explains the chart and all of the other corresponding charts in the piece. Isn't that right, Musicmystery?

Have you considered switching to decaf? Something to consider.

Clearly, the chart shows only the last portion of Bush's term, and really, that it's a fragment of eight years seems obvious to me. Doesn't it to you?

The point at hand was Obama's job creation, countering the claim that we'd lost jobs under Obama. The chart shows instead where Obama picked up from Bush and the steady job creation since, and back into positive territory.

The rest is your partisan radar paranoia. Were I to criticize Bush, I'd go after him for invading Iraq/Afghanistan, cutting taxes in the face of rising spending, and poor attention to financial regulation--all things that contributed to the current structural deficit, and will for some years to come. That's not on the chart either.

Now go take your shit, and try to stay regular. You'll feel better.

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If Obamas destruction of the dollar's exchange rate doesnt improve the trade deficit, nothing will.

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ORIGINAL: willbeurdaddy

Sorry but youve gone too far, locked.

Most of these people you accuse of being stupid arent. They are just ignorant. Whether they are willfully ignorant or have never had the benefit of a basic economics education is difficult to judge, though there are clues. Eg. joether-willfully ignorant, skipper-he's from Ma and brainwashed since birth (immortal Teddy Kennedy??? gmafb), JO-[fill in the blank].