Home › Forums › Financial Markets/Economics › PIIGS R’ us?
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July 19, 2011 at 9:07 PM #712057July 19, 2011 at 9:18 PM #710861njtosdParticipant
[quote=CA renter]
The UAW/union workers don’t scapegoat the foreign workers; they blame the executives and those who (again) make decisions that only seek to maximize profits, without any consideration for the long-term effects of their actions, or how their actions will affect this country in the future.[/quote]Um. I don’t think you have spent much time in Detroit. I grew up there and the UAW members that I was aware of weren’t really picky about who they blamed for their troubles. At that time (I left in 1990) you didn’t want to park your foreign car downtown very often, unless you liked getting it keyed. Convertible tops on foreign cars were routinely slashed. The UAW workers wanted jobs, and if they could have excluded every foreign car from the U.S., they would have, regardless of their ability/inability to supply a product of equal quality. And don’t get me started on the “job banks.” Ridiculous.
July 19, 2011 at 9:18 PM #710958njtosdParticipant[quote=CA renter]
The UAW/union workers don’t scapegoat the foreign workers; they blame the executives and those who (again) make decisions that only seek to maximize profits, without any consideration for the long-term effects of their actions, or how their actions will affect this country in the future.[/quote]Um. I don’t think you have spent much time in Detroit. I grew up there and the UAW members that I was aware of weren’t really picky about who they blamed for their troubles. At that time (I left in 1990) you didn’t want to park your foreign car downtown very often, unless you liked getting it keyed. Convertible tops on foreign cars were routinely slashed. The UAW workers wanted jobs, and if they could have excluded every foreign car from the U.S., they would have, regardless of their ability/inability to supply a product of equal quality. And don’t get me started on the “job banks.” Ridiculous.
July 19, 2011 at 9:18 PM #711554njtosdParticipant[quote=CA renter]
The UAW/union workers don’t scapegoat the foreign workers; they blame the executives and those who (again) make decisions that only seek to maximize profits, without any consideration for the long-term effects of their actions, or how their actions will affect this country in the future.[/quote]Um. I don’t think you have spent much time in Detroit. I grew up there and the UAW members that I was aware of weren’t really picky about who they blamed for their troubles. At that time (I left in 1990) you didn’t want to park your foreign car downtown very often, unless you liked getting it keyed. Convertible tops on foreign cars were routinely slashed. The UAW workers wanted jobs, and if they could have excluded every foreign car from the U.S., they would have, regardless of their ability/inability to supply a product of equal quality. And don’t get me started on the “job banks.” Ridiculous.
July 19, 2011 at 9:18 PM #711707njtosdParticipant[quote=CA renter]
The UAW/union workers don’t scapegoat the foreign workers; they blame the executives and those who (again) make decisions that only seek to maximize profits, without any consideration for the long-term effects of their actions, or how their actions will affect this country in the future.[/quote]Um. I don’t think you have spent much time in Detroit. I grew up there and the UAW members that I was aware of weren’t really picky about who they blamed for their troubles. At that time (I left in 1990) you didn’t want to park your foreign car downtown very often, unless you liked getting it keyed. Convertible tops on foreign cars were routinely slashed. The UAW workers wanted jobs, and if they could have excluded every foreign car from the U.S., they would have, regardless of their ability/inability to supply a product of equal quality. And don’t get me started on the “job banks.” Ridiculous.
July 19, 2011 at 9:18 PM #712067njtosdParticipant[quote=CA renter]
The UAW/union workers don’t scapegoat the foreign workers; they blame the executives and those who (again) make decisions that only seek to maximize profits, without any consideration for the long-term effects of their actions, or how their actions will affect this country in the future.[/quote]Um. I don’t think you have spent much time in Detroit. I grew up there and the UAW members that I was aware of weren’t really picky about who they blamed for their troubles. At that time (I left in 1990) you didn’t want to park your foreign car downtown very often, unless you liked getting it keyed. Convertible tops on foreign cars were routinely slashed. The UAW workers wanted jobs, and if they could have excluded every foreign car from the U.S., they would have, regardless of their ability/inability to supply a product of equal quality. And don’t get me started on the “job banks.” Ridiculous.
July 19, 2011 at 9:37 PM #710871temeculaguyParticipantEavesdropper, I recently put in about 1500 sq ft of wood flooring by myself. It ended up being easier and more fulfilling than I had imagined. Bribe your husband with sexual favors, use your imagination, think of things well beyond his imagination. This is not a typical TG joke, men are simple, spell out the reward schedule and the impossible becomes simple. Women often fail to see how simple we are, he can thank me later.
July 19, 2011 at 9:37 PM #710968temeculaguyParticipantEavesdropper, I recently put in about 1500 sq ft of wood flooring by myself. It ended up being easier and more fulfilling than I had imagined. Bribe your husband with sexual favors, use your imagination, think of things well beyond his imagination. This is not a typical TG joke, men are simple, spell out the reward schedule and the impossible becomes simple. Women often fail to see how simple we are, he can thank me later.
July 19, 2011 at 9:37 PM #711563temeculaguyParticipantEavesdropper, I recently put in about 1500 sq ft of wood flooring by myself. It ended up being easier and more fulfilling than I had imagined. Bribe your husband with sexual favors, use your imagination, think of things well beyond his imagination. This is not a typical TG joke, men are simple, spell out the reward schedule and the impossible becomes simple. Women often fail to see how simple we are, he can thank me later.
July 19, 2011 at 9:37 PM #711717temeculaguyParticipantEavesdropper, I recently put in about 1500 sq ft of wood flooring by myself. It ended up being easier and more fulfilling than I had imagined. Bribe your husband with sexual favors, use your imagination, think of things well beyond his imagination. This is not a typical TG joke, men are simple, spell out the reward schedule and the impossible becomes simple. Women often fail to see how simple we are, he can thank me later.
July 19, 2011 at 9:37 PM #712077temeculaguyParticipantEavesdropper, I recently put in about 1500 sq ft of wood flooring by myself. It ended up being easier and more fulfilling than I had imagined. Bribe your husband with sexual favors, use your imagination, think of things well beyond his imagination. This is not a typical TG joke, men are simple, spell out the reward schedule and the impossible becomes simple. Women often fail to see how simple we are, he can thank me later.
July 19, 2011 at 10:12 PM #710876gandalfParticipantSome of the comments on this thread make no sense whatsoever. China is not a model of laissez-faire capitalism. China is a communist country. It’s not free market capitalism. It’s tightly managed and heavily subsidized by a powerful, central communist government that has its hands in everything.
If the tables were turned, and labor costs were cheaper outside China, everyone on this board knows full well the Chinese government would outright prohibit Chinese companies from exporting jobs (and money) from China. There would be tariffs and nationalization of plants, contracts and resources. People would be jailed or disappear. China isn’t a free market.
The UK is not a good model either, for a variety of country-specific reasons. Germany is a socialist western democracy with a relatively high standard of living and has managed the economic pressures reasonably well, including a thriving manufacturing sector. If you want to compare economies, how about taking a closer look at Germany?
July 19, 2011 at 10:12 PM #710973gandalfParticipantSome of the comments on this thread make no sense whatsoever. China is not a model of laissez-faire capitalism. China is a communist country. It’s not free market capitalism. It’s tightly managed and heavily subsidized by a powerful, central communist government that has its hands in everything.
If the tables were turned, and labor costs were cheaper outside China, everyone on this board knows full well the Chinese government would outright prohibit Chinese companies from exporting jobs (and money) from China. There would be tariffs and nationalization of plants, contracts and resources. People would be jailed or disappear. China isn’t a free market.
The UK is not a good model either, for a variety of country-specific reasons. Germany is a socialist western democracy with a relatively high standard of living and has managed the economic pressures reasonably well, including a thriving manufacturing sector. If you want to compare economies, how about taking a closer look at Germany?
July 19, 2011 at 10:12 PM #711568gandalfParticipantSome of the comments on this thread make no sense whatsoever. China is not a model of laissez-faire capitalism. China is a communist country. It’s not free market capitalism. It’s tightly managed and heavily subsidized by a powerful, central communist government that has its hands in everything.
If the tables were turned, and labor costs were cheaper outside China, everyone on this board knows full well the Chinese government would outright prohibit Chinese companies from exporting jobs (and money) from China. There would be tariffs and nationalization of plants, contracts and resources. People would be jailed or disappear. China isn’t a free market.
The UK is not a good model either, for a variety of country-specific reasons. Germany is a socialist western democracy with a relatively high standard of living and has managed the economic pressures reasonably well, including a thriving manufacturing sector. If you want to compare economies, how about taking a closer look at Germany?
July 19, 2011 at 10:12 PM #711722gandalfParticipantSome of the comments on this thread make no sense whatsoever. China is not a model of laissez-faire capitalism. China is a communist country. It’s not free market capitalism. It’s tightly managed and heavily subsidized by a powerful, central communist government that has its hands in everything.
If the tables were turned, and labor costs were cheaper outside China, everyone on this board knows full well the Chinese government would outright prohibit Chinese companies from exporting jobs (and money) from China. There would be tariffs and nationalization of plants, contracts and resources. People would be jailed or disappear. China isn’t a free market.
The UK is not a good model either, for a variety of country-specific reasons. Germany is a socialist western democracy with a relatively high standard of living and has managed the economic pressures reasonably well, including a thriving manufacturing sector. If you want to compare economies, how about taking a closer look at Germany?
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