Presidential Technology Panel Warns of Impending Disaster

TradeAlert.Org ^ | Friday, October 10, 2003 | William R. Hawkins

[Willie Green]

ping

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[agitator]

Cue the alleged "free-trade" hacks...

[Lazamataz]

WOW! Helluva article.

Looks like its too late, almost. Looks like China will once again rule the world.

[singsong]

I thought you might be interested.

[Revel]

We need leaders who are not globalist's. Time to stop supporting those who are. In all reality they are committing treason.

[bvw]

Treason? There's a case for that ... theft and exploitation of the legislature a stronger case. Ceratinly DOES run counter to national interest to lose manufacturing and R&D. While we are the light of the world in medicene -- that field too will in time be drained of talent like man-made sand bars are washed out in a storm tide.

[TopQuark]

WOW! Helluva article.

Could you summarize the findings?

I could not locate any. Everything is stated in terms of "it will..."

The facts are selected in an interesting way also. The leftist Berkleyites have predicted doom and gloom about the economy, as mentioned in the cited 1992 book. But the economy grew at an unprecendented rate all through the 1990s.

Just like the author, I am concerned with the situation, but the article is nothing but BS. His conclusion does not even follow from anything he said: the last sentence might as well be the first. Thank you for the ping, Singsong.

[LibertyAndJusticeForAll]

Did you miss this warning from a group created by Bush?

[ President George W. Bush created PCAST on September 30, 2001 by executive order, re-establishing a body formed by his father when he was president in 1990.
….
PCAST's draft warns that U.S. technological preeminence is not assured because as manufacturing is moving overseas, research and development is following, risking a shift in future innovation which could leave America behind the technology curve. ]

[TopQuark]

More doom and gloom posts from unionist plant Willie Green

Isn't it surprising that he missed and article with the title There is no Such Thing as a Jobless Recovery, for instance?

[TopQuark]

No.

The coalition Father Bush created warned us against invading Iraq also. Did you miss that?

[LibertyAndJusticeForAll]

Dell and Intel are offshoring and they are members of this group. Their input could hardly be considered biased against offshoring.

[TopQuark]

Their input could hardly be considered biased against offshoring.

It's more complicated then that. If I were an Intel manager, I would find it beneficial to go abroad. As an American citizent, I would still be concerned about the long-term implications of that. So I could see myself campaigning for... tax breaks, tariffs, etc.. that provide ME (Intel) with bigger profits and avoid offshoring.

People were several hats. As a manager, you may have one opinion, and as an American citizen another. An economist may have a third opinion (remember, these people are knowlegeable and astute in business, but they do not spend their lives going through economic data).

[MonroeDNA]

"More doom and gloom posts from unionist plant Willie Green "

Exactly right.

[NewRomeTacitus]

So long as Wormtongue, er, Karl Rove has the president's ear the problems of job exportation and illegal aliens will not be adressed before critical mass.

Rove has to go. Now.

[LibertyAndJusticeForAll]

And what is good for America is more than just the bottom line.
Dr. Henry Kissinger, for example:
http://www.freerepublic.com/focus/f-news/947266/posts
“If outsourcing would continue to the point of stripping the United States of its industrial base, and of the act of getting out its own technology, then it requires really careful thought of national policy and probably create incentives to prevent it from happening.”
“I don’t look at this from an economic point of view but the political and social points of view. The question really is whether America can remain a great power or a dominant power if it becomes a primarily service economy, and I doubt that. A country has to have an industrial base in order to play a significant role in the world. And I am concerned from that point of view.”

[TopQuark]

And what is good for America is more than just the bottom line.

Of course. Has anyone disagreed with you on that? Do you really need Kissinger for support?

[D-fendr]

That means preventing the displacement of domestic production by imports through a government system of trade restrictions.  

Which will increase the cost of doing business in the U.S., increase the cost of producing products for U.S. companies, weakening the U.S. competitive position agains foreign manufacturers.

IOW, I don't see this as a wise strategy.

[underbyte]

I get physically sick when I think about this.

I have said it before. The US invested 40 years developing the semiconductor industry; funding companies, universities, darpa etc. billions of dollars. the best of our best.

This was our investment in the future and they just gave it all away in a couple of years for a quick buck.

perhaps if they did not the dollar might be worth a 1000 yen. computers might cost 5,000 dollars but your average computer worker would have a job and would be making $75.000.00 a year instead of no job.

Biggest free transfer of wealth in history

Free trade and tecnology transfer biggest scam ever put over on the American population.

most new technolgy, wi-fi whatever does not even touch ground in the US anymore it goes straight overseas because we are so eroded here.

I think the real war is already over and we lost without a shot.