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1 posted on 02/13/2013 4:18:17 PM PST by blam
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To: blam
Another View:

The Great American Economic Rebound Has Just Begun

2 posted on 02/13/2013 4:20:14 PM PST by blam
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To: blam
Sorry Mr. President, Manufacturing Will Not Save Us
Richard Florida

As opposed to what? More gay bars, art schools, rock festivals, video gamers, and bike paths?

Between Richard Florida and Alexander Hamilton, I guess I've got to go with the guy on the sawbuck.

3 posted on 02/13/2013 4:29:18 PM PST by x
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To: blam
Hmm. Another pundit that never read Hamilton’s Report on Manufactures. Manufacturing won’t come back because it’s been overregulated and overtaxed out of the country; and the problem is, it is utterly vital to our national security—that was one of the points of Report, the vulnerability of the country due to having to rely wholly on imported rather than homegrown manufactured goods, especially munitions for defense.
Not only the wealth, but the independence and security of a country, appear to be materially connected with the prosperity of manufactures. Every nation, with a view to those great objects, ought to endeavor to possess within itself all the essentials of national supply. These comprise the means of subsistence, habitation, clothing, and defense. The possession of these is necessary to the perfection of the body politic, to the safety as well as to the welfare of the society; the want of either is the want of an important organ of political life and motion; and in the various crises which await a state, it must severely feel the effects of any such deficiency. The extreme embarrassments of the United States during the late War, from an incapacity of supplying themselves, are still matter of keen recollection: A future war might be expected again to exemplify the mischiefs and dangers of a situation, to which that incapacity is still in too great a degree applicable, unless changed by timely and vigorous exertion. To effect this change as fast as shall be prudent merits all the attention and all the zeal of our public councils; ’tis the next great work to be accomplished. …

4 posted on 02/13/2013 4:34:06 PM PST by Olog-hai
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To: blam

Another example of a highly educated person totally lacking in real world life on the street.

OK, so if you are a worker in a manufacturing plant, you do not get Bill Gates pay.

But you do get an opportunity to advance to management.

Most who end up with high paying jobs started at the lowest paid job.

Go to any town that was once a manufacturing town and you will see kids in their late teens, older people in their late 20’s, walking the streets at three in the afternoon, hats turned backwards, pants about to fall off, shirt tails hanging out.....who 20 years ago would have been working in one of the plants and off the streets.

And with the opportunity to advance.

Sneer at the low wages if you like, but I can show you plenty of nice houses, small farms, paid for by men and women working by the hour.

And in addition, they saved enough to retire comfortably.

The bottom line is whether you would rather have a job or a handout.

There are no handout promotions. Handouts are a dead end.


5 posted on 02/13/2013 4:35:09 PM PST by old curmudgeon
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To: blam
Having manufacturing jobs shipped overseas by the multinationals is what destroyed the economic base this country once had...

Bring those manufacturing jobs back and creating new ones here can reverse our economic decline.

There are a only limited number of jobs any economy can absorb from folks in the “service” sector that produce nothing and add only paper value to an economy.

People who think any nation can remain strong with out strong manufacturing base are sadly deluded...

8 posted on 02/13/2013 4:45:34 PM PST by montanajoe
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To: blam
we need to transform the more than 60 million low-wage service jobs into good family-supporting jobs like manufacturing jobs used to be.

Nuts

12 posted on 02/13/2013 5:15:02 PM PST by Theophilus (Not merely prolife, but prolific)
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To: blam

We need millions of jobs that will overpay the underqualified so they can afford their taxes and union dues. It’s our birthright as Americans. /s


15 posted on 02/13/2013 5:25:25 PM PST by Mr. Jeeves (CTRL-GALT-DELETE)
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To: blam
It's time for our leaders to stop looking backward, trying to breathe life back into an economy that no longer exists, and develop an economic and jobs strategy for the one that actually exists and will shape our future.

They have. Eventual reduction of the population to a few million Eco-sensitive "lightworkers" through birth control, abortion, death panels, and Waco-ing the recalcitrant, with robots doing the work.

And, somehow,, every single liberal thinks they will be among the Elect.

16 posted on 02/13/2013 5:35:43 PM PST by Mr. Jeeves (CTRL-GALT-DELETE)
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To: blam

With the EPA and OSHA etc squeezing the life out of American Business, NOBODY can compete. Our company got a $500 fine for having a trash can with a paper cup in it with no lid on the can by MSHA. We can run a mine, just cant pump water out of it. Spill a gallon of diesel fuel, pay to fly a 55 gallon barrel of dirt out to be incinerated in a “Hazardous Waste Disposal Site”. Cant use the incinerator here...

Any honest business foolish enough to open a plant here is too STUPID to compete in a Global market. Unless of course you bribe the Democrats by putting money in their coffers. Then they will give you money.

Obama is a obsessive liar, but, “What difference does it make?”


18 posted on 02/13/2013 5:44:44 PM PST by American in Israel (A wise man's heart directs him to the right, but the foolish mans heart directs him toward the left.)
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To: blam
Production workers across the United States average just $34,220 per year according to the BLS, less than half that of knowledge, professional and creative workers ($70,890).

Gee, I wonder how much they make compared to brain surgeons. That too would be a valid comparison. /sarc

19 posted on 02/13/2013 5:46:19 PM PST by Last Dakotan
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To: blam

This Richard Florida is completely wrong.

Consumers get their income mostly from jobs.

So businesses who sell directly to consumers are limited in how much revenue they can generate; the limit is how much money people earn in their jobs.

An economy where there are only consumer companies is not a very healthy one, since employee paychecks must be less than the revenue of their employers.

The revenue of businesses that sell to other businesses, on the other hand, is not limited by how much money people earn in their jobs; it’s limited by what businesses spend.

Manufacturing makes up what is actually several levels of the economy where businesses sell to other businesses. Some of the key areas of manufacturing are tools and materials. Tools and materials are manufactured by one business then purchased by other manufacturers to enable them to manufacture their products. All those manufacturing jobs do not require direct corresponding increases in consumer spending in order to pay the manufacturing employee - yet they directly provide consumers with paychecks.

Unfortunately, machine tools and many other types of tools are imported far more than they used to be, and, of course, companies at the “top of the ecosystem” who manufacture and sell to consumers, have in many cases outsourced their manufacturing entirely.

If we look at business to business sales that are for services or products that are not physically manufactured, we find that often there is a great deal of variability in price and actual usefulness to the customer. An important point to consider in consumer prices is that any money that is wasted by a consumer business or one of their suppliers is passed through to the consumer in the form of higher prices. “Soft” goods like licenses to use “high-tech” products and services provided to businesses are quite easy to inflate by deft marketing and sales teams. “Hard” goods, like machine tools, do have a much more clearly defined benefit in cost-benefit analysis: the machine has a certain production rate, accuracy, and lifespan, and if those numbers are improved by a competitor, they will have actually had to do the work to build a better machine tool. And the company who provides a machine tool of lower quality will find great headwinds in the marketplace if they try to increase their prices too close to competitors selling higher quality products.

If one studies global flows of investment, sales and payments, just from a very rudimentary point of view, it does not take long to start understanding that what are often branded as “wacky conspiracy theories” are actually born out in the data.

There is only one way, based on the math, for privately-owned business to turn the tide, and that’s for more people to start their own privately-owned businesses.

The only other possibility for America is a globalist-backed statism that grows to the point where America looks like the communist states of today. Contrary to what so many keep repeating, this will not, IMHO, be an issue for our children and grandchildren; it will be upon us much sooner than we think, and will happen step by step, slowly encroaching as our standard of living deteriorates.

IMHO, forget prepping, forget forming a “militia”, start your own business - and promote the idea as much as you can - we need millions of new privately-owned businesses in order to raise awareness of reality.

America had it’s political revolution to break free governmentally from Europe. Most people don’t realize it, but they’re ultimately yoked with the burden of working for international elites in the form of lower standard of living and government borrowing from elites. All this is forced by government which has been turned into the handmaiden of the elites. The next revolution that’s needed is for people to break free from economic slavery and defeat the elites and break their hold on the people and government.


21 posted on 02/13/2013 5:49:50 PM PST by PieterCasparzen (We have to fix things ourselves)
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To: blam
the Cleveland Fed study finds that the counties with high concentrations of manufacturing activity experienced low rates of economic growth over the past decade.

Gee, I wonder why;

This has to be the most ignorant article I've seen posted here in some time.

22 posted on 02/13/2013 5:49:56 PM PST by Last Dakotan
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To: blam

The firearms industry is massively expanding.
3D printers are an exploding new industry.

Problem is they are viewed as a direct threat to the progressive agenda.

Any state that creates a specific industry that is for the most part directly in opposition to Obamas agenda will create a better local economy. Unfettered by EPA and federal restrictions.

Obamas agenda is to find out what the people of the nation MUST have on a daily basis, just so he can restrict it, control and tax it. Its just a fishing expedition. He cares NOTHING about America.


30 posted on 02/14/2013 4:27:08 AM PST by Eye of Unk
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