Posted on 11/15/2013 11:38:57 AM PST by 1rudeboy
We don’t have any job problem that MADE IN AMERICA won’t fix.
Oh, really? How many zeroes are in 17 trillion? I forget.
Really we don’t have any job problem that MADE IN AMERICA won’t fix.
And I can think of 17 trillion reasons that is incorrect.
You only need one reason to show that MADE IN AMERICA is the way. Americans are working, paying taxes, buying homes, buying goods and off government support.
I agree 100%.
America has been sending jobs out of our own country for an entire generation.
We need jobs. American jobs. Bring back US jobs now.
17,000,000,000,000.00 and growing rapidly.
China now exports more, than America.
That is also growing rapidly.
Oh sorry:
17,000,000,000,000.00 (in American debt) and growing rapidly.
Wow, that’s a lot of zeroes—how many jobs do you think should cover the deficit? Can we do it if we create a billion new jobs? And at what salary?
1. assuming a balanced budget,how many jobs need to be created right away, at a marginal tax rate of 40%, in order to pay off the national debt in, say, ten years?
2. assuming there is no Social Security deficit,
3. assuming the national debt is $17T, and
4. assuming no churn in the job market,
oops . . . forgot—assume a salary of $45K/year.
That depends on what sort of jobs they are:
If the jobs are low-end such as making toothpicks out of logs, a billion new jobs would probably be what is required.
A billion new jobs, at $10,000 / years. That comes to maybe $10 trillion in Chinese wages. More here.
That is real money, and would put a significant bump in our foreign exchange deficit.
But we don’t hire a billion people. A couple hundred million, is more like it all total, since the shipment of American jobs overseas began a generation ago.
However: Apple is now just for example, making their new iPad in China. Millions of them. Tens of millions. Perhaps hundreds of millions of them.
That sort of job brings in a (whole lot more) money. Which China incidentally also taxes I believe.
So there are:
1) No American employees to speak of.
2) A whole bunch of Chinese employees.
3) The revenue is all spent in China. (to the best of my knowledge, again).
Repeat that, for thousands of former US companies...
America is heading down the tubes, and both parties are just sitting on the ride, until it won’t run anymore.
I say bring back American jobs.
Bring back American jobs.
Just a quick reminder:
—
$17,000,000,000,000.00 in debt, and growing rapidly.
I’m not looking for mealy-mouthed words such as “probably,” “significant,” “more like it,” “perhaps,” “whole lot,” and “best of my knowledge.”
I just put together that example, from your data of a billion jobs sent to China.
Gimme a break already. You pulled a number out of thin air, and I provided an answer back with the same precision.
So what about the sample? I believe the data is valid.
If not, please point to where.
Thanks.
Sure.
We are currently spending our way to ruin.
We were a very rich, very powerful and very successful country until a generation ago.
When were started sending jobs to other countries.
Now we are not so rich, not so powerful and not so successful.
We are rapidly in fact, going into significant debt.
Just saying.
We are spending our countries own fortune.
When it’s gone, it’s gone.
That’s it.
Either the money is there, or it's not . . . that worker with flies up his nose in some other country is not responsible for our government racking-up $17T of debt, or our budget deficit, for that matter.
Well we disagree then.
I see a clear link between shipping millions of American jobs overseas, and our current mess.
I say we need to bring jobs back to America.
We’ll just have to disagree on this, I suppose.
Good talking with you though.
Entrepreneurs are saying "To hell with it!" at record rates as a direct result of this Administration's attitudes toward small business.
Well, I say that automobiles should be cheaper, since I currently in the market for one. My pipe-dream won’t cure the national debt, either . . . and I’m not running to the government to help me.
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