We, as a nation, insanely and artificially depress wages of professionals with the importation of H1-bs. The lower end is supplant by the illegal slave market. Free traitors need to chime in here and tell me where I am going wrong.
Tariff is not a four letter word. Any country that outsources production and then re-imports to the US should have the hell tariffed out of them. Where are the Tariff loving Yankees of yore when you need them?
****It’s astonishing to realize that the most iconic American totems — such as the baseball, Levi’s jeans, the actual American flag — are no longer made in the USA,****
Like the POTUS!!!!!
[...number of plant closings announced in the United States this week: A printing plant in Greenburg, Ind., costing 220 jobs; a tomato processing plant in Westover, Md., with 103 people fired; an office-supply facility in Mattoon, Ill., with 129 jobs lost. (and then)
It is unqualifiedly positive,” says Aneel Karnani, assistant professor at the Ross School of Business at the University of Michigan.]
Uh, both "economists" quoted here are from Third World countries that will do anything to loot the United States of jobs and affirmative action freebies.
I'm sure they have no problem with wage slave labor factories opening up back home where their cousins can get rich running disgusting sweat shops.
The “Globalist Ideology” of the United States becoming a service economy has failed.
Well, actually, there have been many scandals about offshored pharmaceuticals, such as the heparin scandal. Do an internet search for most vitamins like Niacin or Citric Acid and you will see many ads for "Trustful source for your needs: The Red Dragon Noodle & Chemical pty, Ltd."
Software? AVG? Avast!? Czech republic.
Hi-Tech cars? Mine is made in Coventry.
Not being an economist,and therefore stupid, I do not understand how one makes a rich country by eliminating its middle class.
I have posted many times the story about what automation did to a two-shift assembly line at one of my company's divisions: I saw this. As a stockholder, it warmed my heart. As a citizen, it scared me. All the people we sent home may have gone onto other assembly jobs, somewhere. Maybe. For a while. They used to have health insurance and they used to be able to live. Not richly, but they payed for their rent, groceries, and taxes.
Every 70 seconds, another PC Board comes off the pick&Place machine, through the reflow solderer, and into a pile, while the assemblers give up looking for jobs.
The Bottom Line is great. The machines rarely get sick and when they do, they are fixed. They come in Mondays and Fridays, and do not have hangovers. They do not run Union Campaigns.
Nevertheless, this is not going to end well.
The lost generation of American workers — low-educated, low-skilled, too old to be retrained, too young to retire — has led to the fear of a permanent underclass, the idea that the US will eventually become like much of Europe, subsidizing 10% of the under- or unemployed population.
“I would hate for a permanent underclass,” Karnani says. “The child of a janitor should be able to go to college.”
**************
Important in all this is that -—
The elite have no *** fear *** at all of a “permanent underclass”. They are drooling in anticipation and glee of there being a permanent underclass. They do not fear for those with lower education (intelligence) or worry about them at all. They are eugenicist who are using this all to thin the herd so they are just left with the cream of the crop intellectually. There are books written about this stuff, they eat it us, salivate over the words in the book, wait in anticipation for the great society of super men and women who will have the best of minds. They anticipate the day they have finally rid the world of average and low IQ folks that are such a pain in their book to deal with. Hitler alive and well, all by design. They were able to convince folks for the last 100 to abort the children they didn't want - the physical and mental deficient in their minds, or certain races that they don't want more of. Now they are using what is going on presently to get rid of the average to low IQ folks. They are in superman mode the elite.
My company is burdened with a Federal, state, county and city EPA. When my company wanted to add employees the county planning and permitting made getting a permit to build on our property ruinously expensive. When we wanted to add parking per the original permits and environmental study, the county insisted on a new environmental impact study, which cost as much as the parking lot. (The property is a former cattle ranch, just acres of grass and the trees and bushes planted by the company.) When the company tried to build a mezzanine inside our three-story tall, but one story building to house 50 new employees, the county insisted on two wheelchair ramps, two sets of stairs and two elevators. Those cost more than the entire mezzanine and ate up 51% of the available space.
There was another company nearby in the Universities’ “Industrial” park. The university didn’t like an immoral defense company in “their” industrial park and offered the company the pre-real-estate-crash price for the land. (Our tax money.) The company grabbed it and ran, taking with them 350 jobs. BTW, both companies regularly hired graduates of the local two universities, not only as engineers, but as co-ops before they graduated.
The county has a tax on real property. So, the company has to pay a percentage of the value of any peice of equipment for as long as they own it. So, if we lose a contract and idle a piece of equipment, it goes into the dumpster. Then, we can no longer bid on work that machine would have done unless it’s clearly profitable enough to buy another machine.
My company builds spare parts for Army vehicles. Obama has scrapped half of the Army’s vehicles to provide spares for those fielded. I’m sure I don’t need to tell you that in a few short years we won’t have any working Army vehicles. In the meantime, my company will fold much of it’s operations here next year.
American Philo Farnsworth invented the first fully functional television in 1927, transmitting his first image from his lab in San Francisco. A television hasn’t been made in America since 2004.According to PCWorld, December 10, 2008:
Sony has named its Westmoreland, Pennsylvania, plant as the second factory of a planned 5 or 6 that will be shut down as part of a global restructuring. The factory is Sony's last remaining TV manufacturing facility in the U.S. and the closure will see 560 people lose their jobs.Now, I think Sony's plant was the last to close in the United States, but I don't keep that sort of information at my fingertips. But I will say it took me longer to compose this reply than to prove the bozos at BusinessInsider incorrect. I'm still outraged, but not like one would expect a protectionist to be outraged. They are the ones who can't see straight.
My New Balance Running shoes are made in the USA....but it’s tough finding socks or good running shorts made in the USA.
I do what I can to buy USA products..
Nitwit econ professors and so-called free traders have been peddling that same lie, almost word-for-word, for at least thirty years.
Based on what was being said in the early eighties, by now all Americans should be trained and retrained for the "high tech, high paying jobs of the future". Well, the future they lied about thirty years ago is here and they have nothing to offer by the same lies all over again.
“It is unqualifiedly positive,” says Aneel Karnani, assistant professor at the Ross School of Business at the University of Michigan.
An "unqualified positive" for whom? The citizens of this guy's ancestral homeland?
It's been obvious to any with the tiniest amount of common sense, for years, that all these one-sided trade agreements, and the export and outsourcing of US factories and jobs, would lower the US standard of living and create a new underclass. That is the only possible result of the policies that have been followed, really, since the 1950s.
This will become a major political issue in the near future, as it should.
international math test scores of 15 yr olds
#1 China
#30 USA
http://www.nytimes.com/imagepages/2010/12/07/education/07education_graph.html?ref=education
They even claimed that with the govt checks the economy gets $1.60 benefit for each dollar spent!!
What a bunch of lying crooks!!
So I guess that they want something like 30+ % unemployment since it'll really boost the economy then!! These lying despicable democrats are such loathsome creatures.