Home › Forums › Financial Markets/Economics › PIIGS R’ us?
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July 15, 2011 at 10:44 AM #18942July 15, 2011 at 4:34 PM #709913CA renterParticipant
Multinationals (and China, India, etc.) have all the money because we’ve off-shored all of our manufacturing jobs.
Ultimately, if we don’t address the “globalization” problem, nothing can be fixed — not Social Security/Medicare, nor the govt deficits, nor the housing “crisis,” nor the unemployment problem, etc. We cannot get back on track until we bring our jobs back to the U.S. and pay people a decent living wage.
July 15, 2011 at 4:34 PM #710009CA renterParticipantMultinationals (and China, India, etc.) have all the money because we’ve off-shored all of our manufacturing jobs.
Ultimately, if we don’t address the “globalization” problem, nothing can be fixed — not Social Security/Medicare, nor the govt deficits, nor the housing “crisis,” nor the unemployment problem, etc. We cannot get back on track until we bring our jobs back to the U.S. and pay people a decent living wage.
July 15, 2011 at 4:34 PM #710609CA renterParticipantMultinationals (and China, India, etc.) have all the money because we’ve off-shored all of our manufacturing jobs.
Ultimately, if we don’t address the “globalization” problem, nothing can be fixed — not Social Security/Medicare, nor the govt deficits, nor the housing “crisis,” nor the unemployment problem, etc. We cannot get back on track until we bring our jobs back to the U.S. and pay people a decent living wage.
July 15, 2011 at 4:34 PM #710763CA renterParticipantMultinationals (and China, India, etc.) have all the money because we’ve off-shored all of our manufacturing jobs.
Ultimately, if we don’t address the “globalization” problem, nothing can be fixed — not Social Security/Medicare, nor the govt deficits, nor the housing “crisis,” nor the unemployment problem, etc. We cannot get back on track until we bring our jobs back to the U.S. and pay people a decent living wage.
July 15, 2011 at 4:34 PM #711122CA renterParticipantMultinationals (and China, India, etc.) have all the money because we’ve off-shored all of our manufacturing jobs.
Ultimately, if we don’t address the “globalization” problem, nothing can be fixed — not Social Security/Medicare, nor the govt deficits, nor the housing “crisis,” nor the unemployment problem, etc. We cannot get back on track until we bring our jobs back to the U.S. and pay people a decent living wage.
July 15, 2011 at 7:34 PM #709983carlsbadworkerParticipantI will say that’s one of the most ridiculous comment I read from CAR. Why do you think it is “our jobs”? What entitled US people to those jobs when they ask for “a decent living wage” but do not have the skill set to match it.
Foreigners (Chinese, Indian, etc) have all the money because they are good math: they know one must spend less to have a rainy day fund. If only US people (including their government) can cut their spending level to the level of foreigners, all the problems that you have stated would solve themselves.July 15, 2011 at 7:34 PM #710079carlsbadworkerParticipantI will say that’s one of the most ridiculous comment I read from CAR. Why do you think it is “our jobs”? What entitled US people to those jobs when they ask for “a decent living wage” but do not have the skill set to match it.
Foreigners (Chinese, Indian, etc) have all the money because they are good math: they know one must spend less to have a rainy day fund. If only US people (including their government) can cut their spending level to the level of foreigners, all the problems that you have stated would solve themselves.July 15, 2011 at 7:34 PM #710680carlsbadworkerParticipantI will say that’s one of the most ridiculous comment I read from CAR. Why do you think it is “our jobs”? What entitled US people to those jobs when they ask for “a decent living wage” but do not have the skill set to match it.
Foreigners (Chinese, Indian, etc) have all the money because they are good math: they know one must spend less to have a rainy day fund. If only US people (including their government) can cut their spending level to the level of foreigners, all the problems that you have stated would solve themselves.July 15, 2011 at 7:34 PM #710833carlsbadworkerParticipantI will say that’s one of the most ridiculous comment I read from CAR. Why do you think it is “our jobs”? What entitled US people to those jobs when they ask for “a decent living wage” but do not have the skill set to match it.
Foreigners (Chinese, Indian, etc) have all the money because they are good math: they know one must spend less to have a rainy day fund. If only US people (including their government) can cut their spending level to the level of foreigners, all the problems that you have stated would solve themselves.July 15, 2011 at 7:34 PM #711192carlsbadworkerParticipantI will say that’s one of the most ridiculous comment I read from CAR. Why do you think it is “our jobs”? What entitled US people to those jobs when they ask for “a decent living wage” but do not have the skill set to match it.
Foreigners (Chinese, Indian, etc) have all the money because they are good math: they know one must spend less to have a rainy day fund. If only US people (including their government) can cut their spending level to the level of foreigners, all the problems that you have stated would solve themselves.July 16, 2011 at 2:46 AM #710028CA renterParticipant[quote=carlsbadworker]I will say that’s one of the most ridiculous comment I read from CAR. Why do you think it is “our jobs”? What entitled US people to those jobs when they ask for “a decent living wage” but do not have the skill set to match it.
Foreigners (Chinese, Indian, etc) have all the money because they are good math: they know one must spend less to have a rainy day fund. If only US people (including their government) can cut their spending level to the level of foreigners, all the problems that you have stated would solve themselves.[/quote]They are “our” jobs because the multinationals want to sell to us — we are still the most profitable market to them. We’re not talking about jobs that require math skills, but traditional manufacturing jobs. We used to make our own goods right here in the USA, and they were better and longer-lasting than the cheap, plastic, toxic crap that we now get from China.
The only reason OUR jobs have gone overseas is because labor is dirt cheap (and no pesky worker protections there, either) and environmental protections are almost non-existent. Let’s not fool ourselves here — the jobs have been going overseas in order to increase corporate margins. Americans are NOT getting any benefits from this “globalization,” so there is no need for us to continue with this failed experiment.
If they want to sell to us, then they need to employ us. No more games with debt masking our shrinking standard of living and reduced purchasing power. It’s really that simple.
July 16, 2011 at 2:46 AM #710124CA renterParticipant[quote=carlsbadworker]I will say that’s one of the most ridiculous comment I read from CAR. Why do you think it is “our jobs”? What entitled US people to those jobs when they ask for “a decent living wage” but do not have the skill set to match it.
Foreigners (Chinese, Indian, etc) have all the money because they are good math: they know one must spend less to have a rainy day fund. If only US people (including their government) can cut their spending level to the level of foreigners, all the problems that you have stated would solve themselves.[/quote]They are “our” jobs because the multinationals want to sell to us — we are still the most profitable market to them. We’re not talking about jobs that require math skills, but traditional manufacturing jobs. We used to make our own goods right here in the USA, and they were better and longer-lasting than the cheap, plastic, toxic crap that we now get from China.
The only reason OUR jobs have gone overseas is because labor is dirt cheap (and no pesky worker protections there, either) and environmental protections are almost non-existent. Let’s not fool ourselves here — the jobs have been going overseas in order to increase corporate margins. Americans are NOT getting any benefits from this “globalization,” so there is no need for us to continue with this failed experiment.
If they want to sell to us, then they need to employ us. No more games with debt masking our shrinking standard of living and reduced purchasing power. It’s really that simple.
July 16, 2011 at 2:46 AM #710725CA renterParticipant[quote=carlsbadworker]I will say that’s one of the most ridiculous comment I read from CAR. Why do you think it is “our jobs”? What entitled US people to those jobs when they ask for “a decent living wage” but do not have the skill set to match it.
Foreigners (Chinese, Indian, etc) have all the money because they are good math: they know one must spend less to have a rainy day fund. If only US people (including their government) can cut their spending level to the level of foreigners, all the problems that you have stated would solve themselves.[/quote]They are “our” jobs because the multinationals want to sell to us — we are still the most profitable market to them. We’re not talking about jobs that require math skills, but traditional manufacturing jobs. We used to make our own goods right here in the USA, and they were better and longer-lasting than the cheap, plastic, toxic crap that we now get from China.
The only reason OUR jobs have gone overseas is because labor is dirt cheap (and no pesky worker protections there, either) and environmental protections are almost non-existent. Let’s not fool ourselves here — the jobs have been going overseas in order to increase corporate margins. Americans are NOT getting any benefits from this “globalization,” so there is no need for us to continue with this failed experiment.
If they want to sell to us, then they need to employ us. No more games with debt masking our shrinking standard of living and reduced purchasing power. It’s really that simple.
July 16, 2011 at 2:46 AM #710878CA renterParticipant[quote=carlsbadworker]I will say that’s one of the most ridiculous comment I read from CAR. Why do you think it is “our jobs”? What entitled US people to those jobs when they ask for “a decent living wage” but do not have the skill set to match it.
Foreigners (Chinese, Indian, etc) have all the money because they are good math: they know one must spend less to have a rainy day fund. If only US people (including their government) can cut their spending level to the level of foreigners, all the problems that you have stated would solve themselves.[/quote]They are “our” jobs because the multinationals want to sell to us — we are still the most profitable market to them. We’re not talking about jobs that require math skills, but traditional manufacturing jobs. We used to make our own goods right here in the USA, and they were better and longer-lasting than the cheap, plastic, toxic crap that we now get from China.
The only reason OUR jobs have gone overseas is because labor is dirt cheap (and no pesky worker protections there, either) and environmental protections are almost non-existent. Let’s not fool ourselves here — the jobs have been going overseas in order to increase corporate margins. Americans are NOT getting any benefits from this “globalization,” so there is no need for us to continue with this failed experiment.
If they want to sell to us, then they need to employ us. No more games with debt masking our shrinking standard of living and reduced purchasing power. It’s really that simple.
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