Posted on 09/28/2014 9:42:06 AM PDT by Cringing Negativism Network
People we are sleeping in America.
Every single month now, we buy 30 or 40 billion dollars more from China, than we sell to China.
This year, is every bit the disaster, that it was last year. And the year before.
Except it is worse, because we CONTINUE TO INCREASE OUR DEBT.
Just saying. Bring back American businesses, and bring back American JOBS.
Jobs.
Giving away? Don't you mean buying goods with it?
We are giving away America’s wealth.
Trade involves an exchange of wealth. It is both the money and the goods exchanged for it.
Your ignorance of economics appears wide and deep.
That must be why you don't make suggestions to improve the situation. You must have done so in the past, and been savagely ridiculed. And rightly so.
“We are giving away 30 billion dollars every single month, to China.”
****
Nope. We’re spending $30 billion in China to get goods (something of value) that would cost well over $100 billion to produce domestically.
The primary reasons for this are two-fold. First, the U.S. has created an expensive environment to do business through taxation, regulation, and litigation. Second, China provides the labor below cost in order to keep the peasants from rioting.
The key point is that if China quit subsidizing its labor force, there’d be 50 other countries out there with a better business environment than the United States for the same work to be done for a fraction of U.S. domestic production costs.
The problem isn’t China. The problem is the anti-capitalist environment within the United States that makes businesses look elsewhere in order to survive.
The problem IS China.
Bring American manufacturing home.
We did completely 100% fine with American companies making things in America.
It is just in the last 20 years, we have shipped American businesses elsewhere (many to China) that we are having these problems.
The problems are because we have exported what used to be American companies, and more important still, American jobs.
Bring them home. Bring American jobs home.
You could bring all American manufacturing home from China tomorrow, and it would do nothing to reduce the national debt. Do you get it? Will you ever?
China must need concern trolls, right?
I’ll tell you what.
Bring all American manufacturing home. All of it.
Then let’s see what happens.
Personally, I think we need to educate people about the fundamentals of economics, first.
I don’t think we should wait.
Currently we are running a roughly 30 billion / month trade deficit with China.
That needs to be corrected. Then we can discuss things.
This is friggin’ crazy. It’s like dealing with a early generation robot. (You have those in manufacturing, too—cost someone their job).
No, we are discussing it right now. Specifically, your inability to understand that trade deficits and budget deficits are entirely separate things.
Don’t get bogged down in semantics.
What we need to correct, are two things. One of which you seem to care about, the other you care not one tiny bit about (or you at least appear not to).
I’m not saying we shouldn’t pay attention to your concerns. But we also need to bring back American jobs.
Right now.
You continue your concern about all the reasons America is currently being hostile to jobs. This seems a sympathetic place to express such concerns, and I myself agree with you in part.
Except I believe, it is more important now, to bring jobs back to America.
America has sent far too many formerly American jobs overseas now.
Bring jobs home.
Americans need jobs.
Right now.
I guess you could order corporations to hire, right now.
Do you feel that would work?
Or some chucklehead in India, in his Mom's basement, trying out his bad English.
I would not argue against stating that in some sort of law.
Something requiring jobs, to be filled here.
Not at all.
The plant where I work? I’ve already identified two tasks that can be performed by robot. Capital investment I know, and above my pay grade to decide, but still . . . this yammering about manufacturing jobs? What a load.
“And it goes FAR beyond just wages.”
Taxes. OSHA. EPA. Now ObamaCare...these just for starters.
That’s the funny thing, half the things we could do that would reduce the trade deficit in manufacturing, would reduce jobs even more.
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