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Middle Class Job Losses Batter Economy
Associated Press | January 2 2006 | Associated Press and Vicki Smith

Posted on 01/02/2006 4:19:44 AM PST by ventana

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To: ARCADIA
"If cars can no longer be competitively produced here, then we have better find something that can be produced here;..."

And only an unfettered marketplace will deliver demand to direct the creation of that industry and those jobs.

261 posted on 01/02/2006 5:13:55 PM PST by muir_redwoods (Free Sirhan Sirhan, after all, the bastard who killed Mary Jo Kopechne is walking around free)
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To: Mr. Bird
"Which means they add to the overall profitability of the business."

Short term fix. Many companies are starting to realize that for every one call to an American support person two or three are made to the overseas support person.

"And if you don't like calling India to service your Dell, stop buying their computers."

No, you end up not calling their support center AGAIN. Dell has pulled back from overseas support quite a bit due to complaints. People end up going for third party support.

I have no problem with business owners making a profit - particularly the business owners who risked their own capital and sweat to establish the business. But the problem today is that most CEOs are not the business owners and they run the company for Wall Street. Whatever they do, they cannot lose (golden parachute & huge comp package regardless).

What is missing is morality.

I think they guy who founded/runs Cosco is worthy of a hat tip.

Unions are a different thing altogether.

262 posted on 01/02/2006 5:16:33 PM PST by american colleen
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To: hedgetrimmer
"And yet who could have imagined how the "free traders" would undermine the US Constitution so effectively? Now, people who support Constitutional tariffs and congressional authority over trade, are now derided as "protectionists". And the "free traders" who promote global rules and authority over the American people, undermining their right to self determination, and who promote a form of global socialism to "fight poverty" and the downward harmonization of American standards of living with the third world congratulate themselves shamelessly on their accomplishments. Go figure."

You're throwing a lot against the wall hoping something sticks. Simply put, I support freedom of choice. It was legal thirty years ago and even earlier. I hope it will be so thrity years hence

263 posted on 01/02/2006 5:17:29 PM PST by muir_redwoods (Free Sirhan Sirhan, after all, the bastard who killed Mary Jo Kopechne is walking around free)
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To: Havoc
"Who sets trade policy? Offshoring at EDS, IBM and HP had nothing to do with unions. It had to do with Companies deciding they didn't want to pay americans to do jobs in america. More, they didn't want to pay professionals the going rate and decided to bail on America to get a cut rate price elsewhere while re-importing their services at below market cost to undermine the rest of the market and thusly drive wages and benifits down. In short, they have used the rest of the world to their advantage in manipulating our market - subverting it for "higher" profits. Unions didn't do that, they're just one of the lame excuses the treason lobby invokes for undermining the nation for profit."

Nope. You don't get it. No one on this thread has so far, so don't feel alone.

You want to blame someone for "offshoring", etc.? Blame f**king Wall Street. Everything to corporate America...........EVERYTHING...............is "quarterly results". Forget long term growth plans, forget long term strategies, forget what makes sense for the long run............ALL anyone on the Street rewards is the latest "Quarterly Results".

In this age of Information RIGHT Bloody Now, it's the way businesses have evolved: week by week, month by month, quarter by quarter. Two, five, ten years from now.......where will these companies be?

Trust me when I tell you: no one gives a flying f**k.

Cut costs; offshore your talent. Cut benefits. Piss on your employees' legs and tell them it's raining. Try to make them proud to be a force in the "world economy". Wrap up the panic in homilies and platitudes. Make them smile while they're being slowly screwed......but they don't have much choice these days to stay competitive per The Rules of the Quarter.

I should know. I'm in worldwide marketing for a very, very, very large corporation that is a household name.

You get Wall Street and their ilk to change their perceptions of what are the right moves for listed companies, what comprises sound strategies, what REALLY to look for in companies........and you'll see a change. Otherwise, deal with it.

264 posted on 01/02/2006 5:19:26 PM PST by RightOnline
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To: MojoWire

Funny.

I get no response (from the anti-overseas people) to the question of how many people have taken a vacation or holiday in a foreign country.

Because if you spend $5,000 on a vacation trip OUTSIDE the U.S., the entire amount (minus travel agent fees) goes to that foreign country.

On the other hand, if I buy a $20 (china made) toaster at Wal-Mart, $10 probably goes to Wal-Mart, $5 to the transportation company, and $5 to the foreign business which made the damn thing.

Likewise, since 60-percent of our energy is imported, each time we fill our vehicles with gasoline, (say.... $40 a fillup), then about half of that is going to a foreign company.

Financial things are not so simple.

All I know is that as U.S. citizens, we should have as many choices as possible.


265 posted on 01/02/2006 5:22:18 PM PST by Edit35
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To: Iscool

In KY the coal business got bad and our lady governor pushed the idea that we should fall back on arts and crafts, corn shuck dolls and quilts and the such. She by the way was a Dem.

She gave this advise to men who had moved mountains.

Her one last claim to fame was swallowing the top of a coke bottle and damn near dying. There was some disappointment when she pulled thru.


266 posted on 01/02/2006 5:23:03 PM PST by Foundahardheadedwoman (I can't spell. As you have no doubt noticed.)
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To: RightOnline
I got it a couple of posts before you did. OTOH, we are 'Wall Street' --- people scream pretty loud if their portfolio doesn't increase in leaps and bounds - that includes anyone w/ a 401k or a 403b or a retirement account/pension. Which is pretty much all of us.

THe whole thing is like a dog chasing its tail.

267 posted on 01/02/2006 5:34:18 PM PST by american colleen
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To: Foundahardheadedwoman
In KY the coal business got bad and our lady governor pushed the idea that we should fall back on arts and crafts, corn shuck dolls and quilts and the such. She by the way was a Dem.

Isn't it crazy??? Like someone said, if your neighbors lose their jobs, it's a recession...If you lose your job, it's a depression...I know...

My job will be over in about March...The Chinese and Brazilians will do my job from now on...And my company was one of the last holdouts...All we have left is a paper mill and that one will likely be gone by the end of the year...

These people that sit in their little cubicles don't have a clue what's going on in the outside world except what they read in the WSJ...

268 posted on 01/02/2006 5:35:26 PM PST by Iscool (Start your own revolution by voting for the candidates the media (and gov't) tells you cannot win.)
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To: MojoWire
But we as American citizen business owners should be free to make that choice.

I don't agree with you...I don't see why you should have the right to sell YOUR Chinese made junk to us American citizens without paying a price to us, just because you were born (and got your wealth) here, on the backs of American citizens...

And as I understand it, that was the position of the patriots that fought and died so you could be free to do business in 'this' country...

269 posted on 01/02/2006 5:47:14 PM PST by Iscool (Start your own revolution by voting for the candidates the media (and gov't) tells you cannot win.)
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To: american colleen

Precisely. We have met the 'enemy', and he is us.

Problem is........most of those whining about all this have NO clue as they watch their 401K's, etc. None.

Now.....with that said.......there is every reason to believe that if the major trading houses (Wall Street), analysts, etc. began to reward companies for proper long term planning, employee retention, etc., we'd see a major turnaround.

There is plenty of blame to go 'round here.


270 posted on 01/02/2006 5:51:31 PM PST by RightOnline
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To: bronxboy

Gee if the Chinese are all working for "slave wages", how come the best seling car in Bejing is the VW Passat,with an adv. price of $31,000.00 ?


271 posted on 01/02/2006 5:56:26 PM PST by JABBERBONK
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To: Havoc
My job was offshored, not done away with.

In this day and age, we should be offshoring our politicians who refuse to protect American workers.

Supply and demand, like some say? Big business demands slave labor, and Mexico and India supply it, and our "leaders" think this is great as they bow to their globalist masters.

No globalist will get my vote ever again.

272 posted on 01/02/2006 5:59:23 PM PST by janetgreen
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To: Iscool

My family was in the coal business till '85 got out due to low prices and overregulation. Even in the '70's and '80's coal was being imported with the US sitting on the largest coal reserves in the world. Made no sense then and less now. By the way, we small operators always knew that the regs were designed to make the coal biz safe for the oil cos. by driving out the small guy.

As I told one Fed, before I'll mine another block of coal you'll freeze to death in the dark.

The us is out of US as far as the Feds are concerned, the idea is I'm going to make mine and devil take the hindmost.

Never did learn to quilt.



273 posted on 01/02/2006 5:59:37 PM PST by Foundahardheadedwoman (I can't spell. As you have no doubt noticed.)
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To: A. Pole
Have you seen this site yet? American Economy in Crisis
274 posted on 01/02/2006 6:05:32 PM PST by ex-Texan (Mathew 7:1 through 6)
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To: RightOnline

What am I missing here? The way I see it- unions have gone beyond their purpose and now they practically hold businesses hostage....

The workers are just that- they are workers..they are not stockholders- they should not be abused- but they create the very problems that force businesses to fold, leave retirees with empty promises, or move overseas....esepcailly considering all the health care wars I have heard about...

I would also like to point out that in this story- choosing to go for the buck at the plant instead of the job/career you went to college for was a choice. PERIOD. Who knows what could have happened.......besides..why is he whining about thinking htis was a solid job choice? I think 30 years is a PRETTY SOLID CHOICE!

Where am I confused?


275 posted on 01/02/2006 6:06:59 PM PST by eeevil conservative (courage is living in tyranny and speaking for freedom/not living in freedom and speaking for tyranny)
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To: RightOnline
You want to blame someone for "offshoring", etc.? Blame f**king Wall Street. Everything to corporate America...........EVERYTHING...............is "quarterly results". Forget long term growth plans, forget long term strategies, forget what makes sense for the long run............ALL anyone on the Street rewards is the latest "Quarterly Results".

I lay most of the blame there, and the people in power that let them get away with it. I see myself conservative on most things, but I tend to be an economic moderate, seeing such shenanigans by these people have made me such. I am still registered a Republican although I don't see myself as one anymore, it seems like the "checkered pants, golfing, country clubbers" are calling the shots here while the country, the middle class and working class burns. Ir's like me driving my car without my glasses, I can't see beyond the tip of my nose. They don't go beyond the next quarter, what about the next year? 5 years? 10 years? 20 years? 50 years? 100 years? This is where the Red Chinese and general Oriental mindset is ahead of us.

Trust me when I tell you: no one gives a flying f**k.

Plenty of people do but they and we tend to be on the outside, have little or no influence on the movers and shakers.

Cut costs; offshore your talent. Cut benefits. Piss on your employees' legs and tell them it's raining. Try to make them proud to be a force in the "world economy". Wrap up the panic in homilies and platitudes. Make them smile while they're being slowly screwed......but they don't have much choice these days to stay competitive per The Rules of the Quarter.

Well to make it short, "tell a lie enough times, people will believe it to be the truth."
276 posted on 01/02/2006 6:11:01 PM PST by Nowhere Man ("Nationalist Retard" and proud of it! Michael Savage for President in 2008!!!)
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To: janetgreen; Havoc
The poster you responded to, just reposted OLD info, that he has been whinging about for many years now; over and over and over and OVER again. Since then, he has had other jobs. Yet, he still posts this, ad infinitum/ad absurdum hoping that suckers will fall for it. Congrats...you just did.

There have been world wide, American based companies for centuries. Using the word "globalist" as a pejorative, puts you in the same category, as the crazies and yahoos who trash cities for no real reason.Unless you are really trying to emulate off her meds killer JANET FROM ANOTHER PLANET ( who, if you don't know it, is once again terrorizing many of the residents of Pine Valley !), you do need to educate yourself on this topic, more thoroughly.

277 posted on 01/02/2006 6:13:59 PM PST by nopardons
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To: nopardons
And FWIW, at no other time in this nation's history, have so many people owned their own homes,...

Own them or are mortgaged?

278 posted on 01/02/2006 6:14:45 PM PST by raybbr (ANWR is a barren, frozen wasteland - like the mind of a democrat!)
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To: nopardons
The word "traitor" is a perfectly good word.

anyways its a perfectly good word to describe the "free traders" who advocate open borders, corporatist fascism and a global welfare system brokered by the WTO.
279 posted on 01/02/2006 6:16:20 PM PST by hedgetrimmer
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To: nopardons
Using the word "globalist" as a pejorative

Because it is a pejorative!
280 posted on 01/02/2006 6:18:20 PM PST by hedgetrimmer
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