PIIGS R’ us?

[moneymaker]

Looking at the UK we seem to be following them as a high spending, large public sector workforce, and especially high debt nation. http://www.bearishnews.com/post/3086
http://trueslant.com/michaelpollaro/2010/05/13/america-piigs-%E2%80%9Cr%E2%80%9D-us-too/
The world in general seems to be sinking into debt, yet I know that is not possible, could it just be the way the accounting is done or are China and India and the middle east going to end up with all the money?
Multinational companies must be better off than most governments, guess that just proves that private enterprise is more profitable.

[CA renter]

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.

[CA renter]

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.

[CA renter]

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.

[CA renter]

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.

[CA renter]

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.

[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.

[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.

[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.

[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.

[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.

[CA renter]

[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.

[CA renter]

[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.

[CA renter]

[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.

[CA renter]

[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.

[Author]

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