Posted on 04/23/2006 2:44:37 PM PDT by Dialup Llama
"Somehow I think you have wandered onto the wrong forum and have completely closed your eyes to all that you can learn here........"
Cocky little know-it-all, aren't you. We'll see whose right on this thread in the not too far fuure.
Don't you think it would be fair to say that China's populace is considerably more well off financially today, than they were 14 years ago?
absolutely..and China's imports have gone through the roof since then
When the kids of today realize that they won't have careers in football, basketball or baseball and maybe they should start focusing on educating themselves..........
FWIW, those "homeland" jobs arent being given to foreigners over Americans, they are being given to the foreigners due to the lack of properly trained Americans. The demand is out there, look at the want adds.
Mase, you know as well as I do that the trade deficits in the 1980s were bout 10% what they are today. As for your manufacturing numbers, what could they have been? I keep hearing that they are great, but that ignores the natural growth that has taken place for the last 100 years. Numbers of individuals employed in that sector have tanked.
The poster I was replying to stated: the foreclosure rate is now increasing rapidly. Is that what my chart shows? Hardly. Increases in delinquencies spiked after the tech bubble burst and again after 9-11. They have not gone up since interest rates began increasing two years ago even though home ownership is at an all time high.
The doom you and the other Eeyore's are trying to sell here cannot be backed up by facts. That's what my chart shows. Now back to your gloomy place.
LOL!!! Don't you have a union meeting to go to tonight? LOL!
Federal Gov't employee or Washington lobbyist??
Somewhere on this thread is the mention of somethink near a 189,000 lost engineering jobs in the U.S. The President in the last day or two said that if students would get a good engineering education, they'd take jobs from overseas.
I suggest that not very many people are going to be stupid enough to earn an engineering degree when the going rate of pay will be judged by what China and India are willing to pay for that position.
You seem to be suggesting otherwise. I'm not sure how you can.
"LOL!!! Don't you have a union meeting to go to tonight? LOL!"
I'm retired, and never was in a Union, thank you. You must be one of those world globalist types. LOL!
We'll, I'll fall back on that old axiom, there is only a recession if You are out of work. My wife and I are the first of the Boomer's. We are approaching 60, and we have been employed our entire working lives. We get raises every year. We have a diversified retirement portfolio. We have already bought our retirement home. Our son is 35, his only education was four years in the Marine Corps, and he's making $125k a year. Who says anything is broken??!! Where are these people who get no raises? I work at a major US corporation, and we give raises every year. And, we're hiring!!
I work for a major corporation as well. We just recieved our first raise in two years. It was for around 2%. I'm glad things have turned out well for your family.
Thanks for the comments folks. I'm going to have to be going now. See you on the next thread.
I know a waiter at Ruth's Chris Steakhouse who makes $80k a year...Not bad.
If all the people who have been laid off and can't find work and others who have had to find another job that pays far less than their original one go vote this fall, the Republicans have no chance to retain power. These are not isolated anecdotes. There are millions of voters who fall into that catagory.
I've never sold doom. It's just that my glasses aren't rose-colored.
Contained in my previous post: "The well-being of those countries you see at this time was regained following The Dark Ages."
The point is, Nations do fall from their lofty place, and it takes a very long time to regain a higher status. While Europe was in the Dark Ages, China was a highly developed economic civilization. Egypt was a remarkable civilization; and, a very large part of it is pure third world today.
Every economic move that is made must be done with the preservation of the Nation kept in mind. Nowadays the only thing on anyone's mind is "rape at the checkout line". America just can't remain the world's greatest Nation if all of the engineering and manufacturing is outsourced. Soon, those producing Nations will have no use for the parent companies in our Nation. We will be reduced to buying their products, for they will indeed just make their own instead of ours.
You don't really believe that there is any stability in a consumer Nation, do you? This better be making economic sense to you, for the collective "we" don't have much time to save our America from the affects of total and destructive greed. Wal-Mart cares little for America. It is America's money they want. One day the wages scale will fall across the board, not just as it has for people like myself. Who will design the products once my class does not exist in this Nation? Indians and Chinese, that is who. Who will, ahem, continue to manufacture them? The same folks, it seems. Who will buy them mostly? Indians and Chinese.
Third world countries are third world countries for only one reason: They don't produce. Take the production from America and a third world Nation is what we shall be. (By the way, the definition of a third world country includes the notion that it consumes more than it produces.)
People of today are mostly "I", "me", "my", "mine". This is especially true for those who control "corporate America". There is little thought given toward what might be good for the Nation and our fellow citizens. It is back to that "United We Stand", which really isn't happening. That leads to the "Divided We Fall".
This is why I continue to spar with you: You are my fellow countryman. I want you to stand with me to save our America. We must indeed care a great deal about the economic downturn that is experienced by "the producers" in this Nation. If we don't, this misfortune will surely spread until we have a great gulf between "the haves" and the "have nots". That gulf is very prevalent in third world countries.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.