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We're not the only country getting impacted.

It's a global economy.

Seriously, you didn't know that?


Originally Posted by captain seafire
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Originally Posted by bigwhoop
Originally Posted by Rancho_Loco
Originally Posted by bigwhoop
The "charts" are not the full picture. Remember there are 93 million out of work and 50 million on food stamps. The labor force has shrunk since 2007.
Also the labor force participation rate is at a 40 year low - 63%. Wage growth is stagnant as well.


Really? maybe we should make these companies guarantee jobs for life. make some laws. redistribute wealth. I knew you sucked at economics, but I didn't know you were such a commie.

Workers relying on what got them by 30 years ago are going to get discarded.

The argument here was that manufacturing has cratered in the US. That's faux news BS. Productivity and output have grown. Workers looking to keep a menial buggy whip job in this economy are getting darwinized. Those that are smart and look ahead, will make money off of it.


What? What are you talking about? I don't understand.


Fixed it.





Originally Posted by captain seafire
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Originally Posted by Rancho_Loco
Which is why you won't see me crying about 600 cookie making jobs.


Those are 600 more Americans that must look to replace their income.
I see you have a "softer" side too.


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Originally Posted by Rancho_Loco
We're not the only country getting impacted.

It's a global economy.

Seriously, you didn't know that?


Duh! You are a genius. I hope you know that.


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Originally Posted by bigwhoop
A cynical person might say the Chinese have more control over our economy than we do. But I won't say it.


You must have by-passed this while you were on the phone advising Buffet.

Last edited by bigwhoop; 08/24/15.

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Originally Posted by JoeBob
It isn't a lesson on protectionism, it is a lesson on ass backwards protectionism and the mercantilism being practiced against us.

The idea of real protectionism is to allow for the free import of all commodities in order to cheaply supply you industry. THEN, you have tariffs on imported manufactured goods in order to protect that industry from foreign competition. Instead, we do the exact opposite and wonder why our industry moves offshore where production costs are cheaper and they face no penalty in bring manufacturing goods back to our consumers.

At the rate things are going, the United States is going to be nothing but a source of cheap raw materials for the rest of the world's industry.

That's golden. I hope everyone else recognizes that gold.

Rules and regs are part of the problem too, but this is basic.


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Since they passed NAFTA 20 years ago 60000 manufacturing plants have closed nation wide.NAFTA alone cost us 900000 manufacturing jobs.
I just cant see how being able to buy cheepchit at wally world is worth it.
I want a government that fights for every job.
The only one I see running for president, even talking about it, is Trump.

dave


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How many of those would have closed without NAFTA? How many jobs?


Originally Posted by captain seafire
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A government that protects worker's jobs, but not corporations. Hmm...


Originally Posted by captain seafire
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Originally Posted by bigwhoop
Originally Posted by Rancho_Loco


[Linked Image]

Now how is increased productivity and efficiency, along with output, bad?


That in itself isn't bad. But the bigger picture is that there are fewer people producing more goods. Again, there are 93 million out of work with a 40 year low in the labor participation rate.
You can't look at just one chart/graph and come up with the overall picture.


Good point bigwhoop. Fewer people are producing more goods. And the reason is technology.

I do not have data, but from working in the industry for 30 years, I can tell you that technology in the form of automation has caused many production workers to loose their jobs.

Too many people want to blame outsourcing to forien countries for job loses. This is ignorance (not necessialy intentional) in my view.

There is a big push for enrollment in STEM coursework. Science, Technology, Engineering, and Math. This is where the jobs are. If the work force is not willing to follow the demand, then they need to be prepared to see their jobs leave...or do as the "Real Americans" do...and don't eat Oreos.

Just because the US can produce cookies, or pencils, or underware...doesn't mean it should. But, Adam Smith does a better job of explaining that.

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Quote
Just because the US can produce cookies, or pencils, or underware...doesn't mean it should. But, Adam Smith does a better job of explaining that.


The way that I see it is two things at the start. United States workers should be doing the jobs in the United States. That means send the illegals home and cut off welfare for able bodied Citizens. Then fix the other problems. miles


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Originally Posted by milespatton
Quote
Just because the US can produce cookies, or pencils, or underware...doesn't mean it should. But, Adam Smith does a better job of explaining that.


The way that I see it is two things at the start. United States workers should be doing the jobs in the United States. That means send the illegals home and cut off welfare for able bodied Citizens. Then fix the other problems. miles


I agree with the premise of what you are saying.

There are practical aspects that hinder our goals.

1. Able bodied Citizens who do not work...vote.

2. Building prisons to house those who will surely turn to crime after loosing welfare benefits will most assuredly be more costly than the benefit.

3. I'm not sure the US can round up 13 million plus illegal aliens...without setting up some type of system that resembles gestapo check points.

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Originally Posted by Rancho_Loco
Which is why you won't see me crying about 600 cookie making jobs.
No but like most here you'll cry like a little bytch about having to support those people when they're forced to apply for unemployment/food stamps/welfare. Stupid fuggers.

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Originally Posted by Blackheart
Originally Posted by Rancho_Loco
Which is why you won't see me crying about 600 cookie making jobs.
No but like most here you'll cry like a little bytch about having to support those people when they're forced to apply for unemployment/food stamps/welfare. Stupid fuggers.


I don't think so. Unemployment/food for displaced workers...what .0000000001% of the national debt?

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Here is a good link to understanding what trade barriers can do, the NAFTA loophole and the $1.4B Americans paid extra for sugar in FY2013.

http://www.heritage.org/research/reports/2014/06/us-trade-policy-gouges-american-sugar-consumers


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With respect to the productivity debate we've had, here is a US Census summation done by CNN Money on the 8% decrease in US median income since 2007.

http://money.cnn.com/2014/09/16/news/economy/median-income-poverty-rate-down-census/index.html


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