[carlsbadworker]

I am always amazed that people always look at one side of the equation when they talk about economic issues. Start with rent control, must be great for the renters, right?

American goods are more expensive than Chinese goods. So if you are spending more money onto American goods, you will have less money for everything else. So maybe we can all cut back to our basic needs and at least all the dollars will be staying in US, right?
No! The only thing left for US economy is its ability to innovate. But innovative companies also need US consumers to throw money at them when they are in their early development stages: think about all the latest drugs, think about first generation ipod, think about Kindle…
If the American consumers are throwing money at American products with less value, they will have nothing to spare for the innovative companies’ expensive but unique products. And that will eventually kill US economy because all it can compete with others is innovation, not the cost of the labor.

That said, whether US products offer better or worse value is an entirely different debate. For the record, I do most of my grocercy shopping at Henry’s and I just love that place. And I hardly ever go to Walmart. I am not rich enough to waste money on the Warlmart stuff that doesn’t last long.

[carlsbadworker]

I am always amazed that people always look at one side of the equation when they talk about economic issues. Start with rent control, must be great for the renters, right?

American goods are more expensive than Chinese goods. So if you are spending more money onto American goods, you will have less money for everything else. So maybe we can all cut back to our basic needs and at least all the dollars will be staying in US, right?
No! The only thing left for US economy is its ability to innovate. But innovative companies also need US consumers to throw money at them when they are in their early development stages: think about all the latest drugs, think about first generation ipod, think about Kindle…
If the American consumers are throwing money at American products with less value, they will have nothing to spare for the innovative companies’ expensive but unique products. And that will eventually kill US economy because all it can compete with others is innovation, not the cost of the labor.

That said, whether US products offer better or worse value is an entirely different debate. For the record, I do most of my grocercy shopping at Henry’s and I just love that place. And I hardly ever go to Walmart. I am not rich enough to waste money on the Warlmart stuff that doesn’t last long.

[carlsbadworker]

I am always amazed that people always look at one side of the equation when they talk about economic issues. Start with rent control, must be great for the renters, right?

American goods are more expensive than Chinese goods. So if you are spending more money onto American goods, you will have less money for everything else. So maybe we can all cut back to our basic needs and at least all the dollars will be staying in US, right?
No! The only thing left for US economy is its ability to innovate. But innovative companies also need US consumers to throw money at them when they are in their early development stages: think about all the latest drugs, think about first generation ipod, think about Kindle…
If the American consumers are throwing money at American products with less value, they will have nothing to spare for the innovative companies’ expensive but unique products. And that will eventually kill US economy because all it can compete with others is innovation, not the cost of the labor.

That said, whether US products offer better or worse value is an entirely different debate. For the record, I do most of my grocercy shopping at Henry’s and I just love that place. And I hardly ever go to Walmart. I am not rich enough to waste money on the Warlmart stuff that doesn’t last long.

[carlsbadworker]

I am always amazed that people always look at one side of the equation when they talk about economic issues. Start with rent control, must be great for the renters, right?

American goods are more expensive than Chinese goods. So if you are spending more money onto American goods, you will have less money for everything else. So maybe we can all cut back to our basic needs and at least all the dollars will be staying in US, right?
No! The only thing left for US economy is its ability to innovate. But innovative companies also need US consumers to throw money at them when they are in their early development stages: think about all the latest drugs, think about first generation ipod, think about Kindle…
If the American consumers are throwing money at American products with less value, they will have nothing to spare for the innovative companies’ expensive but unique products. And that will eventually kill US economy because all it can compete with others is innovation, not the cost of the labor.

That said, whether US products offer better or worse value is an entirely different debate. For the record, I do most of my grocercy shopping at Henry’s and I just love that place. And I hardly ever go to Walmart. I am not rich enough to waste money on the Warlmart stuff that doesn’t last long.

[carlsbadworker]

I am always amazed that people always look at one side of the equation when they talk about economic issues. Start with rent control, must be great for the renters, right?

American goods are more expensive than Chinese goods. So if you are spending more money onto American goods, you will have less money for everything else. So maybe we can all cut back to our basic needs and at least all the dollars will be staying in US, right?
No! The only thing left for US economy is its ability to innovate. But innovative companies also need US consumers to throw money at them when they are in their early development stages: think about all the latest drugs, think about first generation ipod, think about Kindle…
If the American consumers are throwing money at American products with less value, they will have nothing to spare for the innovative companies’ expensive but unique products. And that will eventually kill US economy because all it can compete with others is innovation, not the cost of the labor.

That said, whether US products offer better or worse value is an entirely different debate. For the record, I do most of my grocercy shopping at Henry’s and I just love that place. And I hardly ever go to Walmart. I am not rich enough to waste money on the Warlmart stuff that doesn’t last long.

[carlsbadworker]

[quote=CONCHO]
Hohoho I love this answer. How many people do you really think have the ability to pack up their life and move to another country? Especially those in the position of “needing a job”. Most of those people don’t have enough money to hire an immigration attorney, get a work visa, buy tickets, set themselves up in another country, move their families, learn a new language, find a job there, etc… And even if they could, what would happen if people started doing this en masse? And more importantly — how many countries even allow people to immigrate? Most of the countries that have liberal immigration policies (US, Australia, Western Europe) are the ones that are losing jobs to Asian countries anyway.

Perhaps I will move to Bangalore when my job gets outsourced — oh wait then I would still be competing with the same guys that my job was outsourced to. Whoops. Better learn how to fix cars instead…[/quote]

I intentionally said that in order to wait for a response like this. I think that just shows the complete lack of the spirit of “the pursuit of happiness” in the current generation.
The root of US is immigrants. Do you think it would be easy for them (your ancestors) to “pack up their life and move to another country? … Most of those people don’t have enough money to hire an immigration attorney, get a work visa, buy tickets, set themselves up in another country, move their families, learn a new language, find a job there, etc” But they did that anyway for the pursuit of happiness. And now people think it is “better learn how to fix cars instead…”.

[carlsbadworker]

[quote=CONCHO]
Hohoho I love this answer. How many people do you really think have the ability to pack up their life and move to another country? Especially those in the position of “needing a job”. Most of those people don’t have enough money to hire an immigration attorney, get a work visa, buy tickets, set themselves up in another country, move their families, learn a new language, find a job there, etc… And even if they could, what would happen if people started doing this en masse? And more importantly — how many countries even allow people to immigrate? Most of the countries that have liberal immigration policies (US, Australia, Western Europe) are the ones that are losing jobs to Asian countries anyway.

Perhaps I will move to Bangalore when my job gets outsourced — oh wait then I would still be competing with the same guys that my job was outsourced to. Whoops. Better learn how to fix cars instead…[/quote]

I intentionally said that in order to wait for a response like this. I think that just shows the complete lack of the spirit of “the pursuit of happiness” in the current generation.
The root of US is immigrants. Do you think it would be easy for them (your ancestors) to “pack up their life and move to another country? … Most of those people don’t have enough money to hire an immigration attorney, get a work visa, buy tickets, set themselves up in another country, move their families, learn a new language, find a job there, etc” But they did that anyway for the pursuit of happiness. And now people think it is “better learn how to fix cars instead…”.

[carlsbadworker]

[quote=CONCHO]
Hohoho I love this answer. How many people do you really think have the ability to pack up their life and move to another country? Especially those in the position of “needing a job”. Most of those people don’t have enough money to hire an immigration attorney, get a work visa, buy tickets, set themselves up in another country, move their families, learn a new language, find a job there, etc… And even if they could, what would happen if people started doing this en masse? And more importantly — how many countries even allow people to immigrate? Most of the countries that have liberal immigration policies (US, Australia, Western Europe) are the ones that are losing jobs to Asian countries anyway.

Perhaps I will move to Bangalore when my job gets outsourced — oh wait then I would still be competing with the same guys that my job was outsourced to. Whoops. Better learn how to fix cars instead…[/quote]

I intentionally said that in order to wait for a response like this. I think that just shows the complete lack of the spirit of “the pursuit of happiness” in the current generation.
The root of US is immigrants. Do you think it would be easy for them (your ancestors) to “pack up their life and move to another country? … Most of those people don’t have enough money to hire an immigration attorney, get a work visa, buy tickets, set themselves up in another country, move their families, learn a new language, find a job there, etc” But they did that anyway for the pursuit of happiness. And now people think it is “better learn how to fix cars instead…”.

[carlsbadworker]

[quote=CONCHO]
Hohoho I love this answer. How many people do you really think have the ability to pack up their life and move to another country? Especially those in the position of “needing a job”. Most of those people don’t have enough money to hire an immigration attorney, get a work visa, buy tickets, set themselves up in another country, move their families, learn a new language, find a job there, etc… And even if they could, what would happen if people started doing this en masse? And more importantly — how many countries even allow people to immigrate? Most of the countries that have liberal immigration policies (US, Australia, Western Europe) are the ones that are losing jobs to Asian countries anyway.

Perhaps I will move to Bangalore when my job gets outsourced — oh wait then I would still be competing with the same guys that my job was outsourced to. Whoops. Better learn how to fix cars instead…[/quote]

I intentionally said that in order to wait for a response like this. I think that just shows the complete lack of the spirit of “the pursuit of happiness” in the current generation.
The root of US is immigrants. Do you think it would be easy for them (your ancestors) to “pack up their life and move to another country? … Most of those people don’t have enough money to hire an immigration attorney, get a work visa, buy tickets, set themselves up in another country, move their families, learn a new language, find a job there, etc” But they did that anyway for the pursuit of happiness. And now people think it is “better learn how to fix cars instead…”.

[carlsbadworker]

[quote=CONCHO]
Hohoho I love this answer. How many people do you really think have the ability to pack up their life and move to another country? Especially those in the position of “needing a job”. Most of those people don’t have enough money to hire an immigration attorney, get a work visa, buy tickets, set themselves up in another country, move their families, learn a new language, find a job there, etc… And even if they could, what would happen if people started doing this en masse? And more importantly — how many countries even allow people to immigrate? Most of the countries that have liberal immigration policies (US, Australia, Western Europe) are the ones that are losing jobs to Asian countries anyway.

Perhaps I will move to Bangalore when my job gets outsourced — oh wait then I would still be competing with the same guys that my job was outsourced to. Whoops. Better learn how to fix cars instead…[/quote]

I intentionally said that in order to wait for a response like this. I think that just shows the complete lack of the spirit of “the pursuit of happiness” in the current generation.
The root of US is immigrants. Do you think it would be easy for them (your ancestors) to “pack up their life and move to another country? … Most of those people don’t have enough money to hire an immigration attorney, get a work visa, buy tickets, set themselves up in another country, move their families, learn a new language, find a job there, etc” But they did that anyway for the pursuit of happiness. And now people think it is “better learn how to fix cars instead…”.

[carlsbadworker]

[quote=jpinpb]The only job that will be secure are those that demand be physically done here. [/quote]

Although that is true, but eventually when all other jobs are gone, the salary of these “secured” jobs can command will also drop. But there is nothing unfair about it. A good job is not an unalienable right of US born citizen. If someone can do the same job at a lower salary, the opportunity should be given to them. If a country manipulates the currency so that the salary is low, it will without a doubt face trade surplus and have to use their excessive trading surplus to lower the cost of the money of the country that has the biggest trading deficit. So people in those country can afford to buy things at lower salary.
That’s the cycle of globalization. It improves the living standard of the average people… unless, of course you are the unfortunate soul that are out of job because of your skills are insufficient to compete in the global job market. Otherwise, if you really want a job, you can at least migrate to the currency-manipulated country, and have a very decent life there.

[carlsbadworker]

[quote=jpinpb]The only job that will be secure are those that demand be physically done here. [/quote]

Although that is true, but eventually when all other jobs are gone, the salary of these “secured” jobs can command will also drop. But there is nothing unfair about it. A good job is not an unalienable right of US born citizen. If someone can do the same job at a lower salary, the opportunity should be given to them. If a country manipulates the currency so that the salary is low, it will without a doubt face trade surplus and have to use their excessive trading surplus to lower the cost of the money of the country that has the biggest trading deficit. So people in those country can afford to buy things at lower salary.
That’s the cycle of globalization. It improves the living standard of the average people… unless, of course you are the unfortunate soul that are out of job because of your skills are insufficient to compete in the global job market. Otherwise, if you really want a job, you can at least migrate to the currency-manipulated country, and have a very decent life there.

[carlsbadworker]

[quote=jpinpb]The only job that will be secure are those that demand be physically done here. [/quote]

Although that is true, but eventually when all other jobs are gone, the salary of these “secured” jobs can command will also drop. But there is nothing unfair about it. A good job is not an unalienable right of US born citizen. If someone can do the same job at a lower salary, the opportunity should be given to them. If a country manipulates the currency so that the salary is low, it will without a doubt face trade surplus and have to use their excessive trading surplus to lower the cost of the money of the country that has the biggest trading deficit. So people in those country can afford to buy things at lower salary.
That’s the cycle of globalization. It improves the living standard of the average people… unless, of course you are the unfortunate soul that are out of job because of your skills are insufficient to compete in the global job market. Otherwise, if you really want a job, you can at least migrate to the currency-manipulated country, and have a very decent life there.

[carlsbadworker]

[quote=jpinpb]The only job that will be secure are those that demand be physically done here. [/quote]

Although that is true, but eventually when all other jobs are gone, the salary of these “secured” jobs can command will also drop. But there is nothing unfair about it. A good job is not an unalienable right of US born citizen. If someone can do the same job at a lower salary, the opportunity should be given to them. If a country manipulates the currency so that the salary is low, it will without a doubt face trade surplus and have to use their excessive trading surplus to lower the cost of the money of the country that has the biggest trading deficit. So people in those country can afford to buy things at lower salary.
That’s the cycle of globalization. It improves the living standard of the average people… unless, of course you are the unfortunate soul that are out of job because of your skills are insufficient to compete in the global job market. Otherwise, if you really want a job, you can at least migrate to the currency-manipulated country, and have a very decent life there.

[carlsbadworker]

[quote=jpinpb]The only job that will be secure are those that demand be physically done here. [/quote]

Although that is true, but eventually when all other jobs are gone, the salary of these “secured” jobs can command will also drop. But there is nothing unfair about it. A good job is not an unalienable right of US born citizen. If someone can do the same job at a lower salary, the opportunity should be given to them. If a country manipulates the currency so that the salary is low, it will without a doubt face trade surplus and have to use their excessive trading surplus to lower the cost of the money of the country that has the biggest trading deficit. So people in those country can afford to buy things at lower salary.
That’s the cycle of globalization. It improves the living standard of the average people… unless, of course you are the unfortunate soul that are out of job because of your skills are insufficient to compete in the global job market. Otherwise, if you really want a job, you can at least migrate to the currency-manipulated country, and have a very decent life there.

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