Had enough yet?

The Danville Register and Bee ^ | Friday, August 15, 2003 | editorial

[Buffalo Head]

so, what's your point this time?

[Uncle Miltie]

New day, S.O.S.

[StatesEnemy]

This doesn't sounf like a "Willie Green" post.

Body Snatcher?

[StatesEnemy]

Doesn't sound like him either... ;-)

[dalebert]

Huh?

[mountaineer]

When unionized floor sweepers and other manual laborers make $20+ per hour, an employer can't afford to stay in business. This is one reason U.S. manufacturers are disappearing, and foreign companies are filling the gap, whether they used to make shoes or steel.

[Ramius]

It would appear that the populists think that America's economy absolutely depends on having more minimum-wage jobs. More no-skill easily exportable jobs, like call centers and entry-level helpdesk stuff. If we can just keep that stuff in-country it'll just fix the whole economy, right???

[mdittmar]

Send all those that want to work to Yakima Willie,I know a place that will take them.

[dirtydanusa]

I ordered a Levi's red tag denim jacket about 6 mos ago from JC Penney. When I opened the box, the tag said "Levi's Trucker Jacket...Made in China". I returned it. I'm searching how to include a picture with a Comment so I can post the picture I took before I returned it. When contacting Levis, they said they closed 6 U.S. plants and moved them "abroad" to remain competative. I guess "abroad" is located in China in some Chinese sweat shop.

[afz400]

"This is one reason U.S. manufacturers are disappearing, and foreign companies are filling the gap, whether they used to make shoes or steel."
Another reason that American companies can't compete is that China uses what many consider slave labor. Hard to compete against that unless Americans become slaves themselves, which may be what both parties have in mind for us.

[Dog Gone]

I want my son to grow up to be a textile worker. Whatever should I do?? This is so scary.

[thtr]

I want my son to grow up to be an engineer, programmer, diagnostician or software designer. Whatever should I do?? This is so scary.

[Dog Gone]

Tell him to be an engineer. There are good jobs to be had there today.

[elfman2]

"Dan River Inc. chairman and CEO Joseph Lanier, who attended the Greensboro meeting, argued this country has to produce tangible products to create real wealth. “We all can´t make a living cutting each other´s hair,” Lanier said."

Wrong.

Wealth is also created by creating organization. Although we create "tangible products", we also create efficient distribution systems, effective legal systems, software, music, businesses and educational institutions. All that is wealth creation. That's why we don't need 70% of the population in agriculture or 40% as factory drones to float our society. That's why a skilled and organized hospital staff's worth more than a cell of Gitmo prisoners.

[Willie Green]

WEALTH: The net ownership of material possessions and productive resources. In other words, the difference between physical and financial assets that you own and the liabilities that you owe. Wealth includes all of the tangible consumer stuff that you possess, like cars, houses, clothes, jewelry, etc.; any financial assets, like stocks, bonds, bank accounts, that you lay claim to; and your ownership of resources, including labor, capital, and natural resources. Of course, you must deduct any debts you owe.

VALUE ADDED: The increase in the value of a good at each stage of the production process. The value that's being increased is specifically the ability of a good to satisfy wants and needs either directly as a consumption good or indirectly as a capital good. A good that provides greater satisfaction has greater value. In essence, the whole purpose of production is to transform raw materials and natural resources that have relatively little value into goods and services that have greater value.

SERVICE: An activity that provides direct satisfaction of wants and needs without the production of a tangible product or good. Examples include information, entertainment, and education. This term good should be contrasted with the term good, which involves the satisfaction of wants and needs with tangible items. You're likely to see the plural combination of these two into a single phrase, "goods and services," to indicate the wide assortment of economic production from the economy's scarce resources.

Wealth is created only by engaging in value-added activities. By the same token, Service sector activities do not create wealth, they merely transfer, redistribute and eventually dissipate wealth as consumption. Thus, as value-added activities move offshore and the U.S. labor force shifts to the Service Sector, wealth is dissipated, not created. And the U.S. standard of living declines as a result.

[BiffWondercat]

A Train engineer? We import the other ones from India now.
Much cheaper. I just wish I could import my own politicians.
Much cheaper to bribe!

[shaggy eel]

,,, it doesn't work this way in China though.

[thtr]

”Tell him to be an engineer. There are good jobs to be had there today

You think so? Don't count on that!

http://www.watermanaspen.co.uk/index.htm
http://www.samsungsdsa.com/product/bi/engineer.html
http://www.questinc.com/ito_network_eng.html
http://www.fc-tec.co.jp/english/vision/vision.html

There are hundreds more of these engineering outsourcing service companies. Why hire an American engineer when you can outsource the engineering project for considerably less? India, China, Korea and Japan have lots of engineers that are more than happy to take jobs away from Americans - but what the heck.... its “free trade”.

[Russell Scott]

In the Kingdom, the concepts of need, want, and wealth will be meaningless. You have to work and struggle because of the curse Adam and Eve brought on the human race. That curse will be removed by God's mandate from His throne within the next few years. Yes, its that close, so I encourage people to start thinking of everything in that context. Old things of this Earth are about to pass away, and all things will become new, and infinitely better in the land of the living.