Walmart.....
"Ed Huntress" wrote:
We all agree that a community organizer does not make an effective CEO ;) Better to pick a corporate executive who's experienced at offshoring and buying consumer goods from China. They know how to boost employment -- in other countries. And Americans are willing to buy Chinese products. Germans seem to be a bit better at not cutting their own economic throat. Maybe it is time for a bit of nationalism, the buy cheap while making a decent wage thing has to come to an end or we are going to turn into a Greece or third world country. Wes |
Walmart.....
"Wes" wrote in message ... "Ed Huntress" wrote: We all agree that a community organizer does not make an effective CEO ;) Better to pick a corporate executive who's experienced at offshoring and buying consumer goods from China. They know how to boost employment -- in other countries. And Americans are willing to buy Chinese products. Germans seem to be a bit better at not cutting their own economic throat. Maybe it is time for a bit of nationalism, the buy cheap while making a decent wage thing has to come to an end or we are going to turn into a Greece or third world country. Wes I don't think that volunteer nationalistic buying is going to work. If you have the time for it, here's an analysis that's raising eyebrows in the economics world: http://www.foreignaffairs.com/articl...ment?page=show If you don't want to sign up for _Foreign Affairs_ (it's free, and it's good), let me know and I'll send you a text file of the article. -- Ed Huntress |
Walmart.....
On Tue, 26 Jul 2011 17:37:47 -0400, Wes
wrote: "Ed Huntress" wrote: We all agree that a community organizer does not make an effective CEO ;) Better to pick a corporate executive who's experienced at offshoring and buying consumer goods from China. They know how to boost employment -- in other countries. And Americans are willing to buy Chinese products. Germans seem to be a bit better at not cutting their own economic throat. its not a "chinese" thing, but a cost thing. Americans buy whatever is cheap enough to afford. Now if we could make things matching the prices of the Chicoms..we would not be in this situation. Which is indeed possible..but not when it involves manual labor. Maybe it is time for a bit of nationalism, the buy cheap while making a decent wage thing has to come to an end or we are going to turn into a Greece or third world country. Wes -- Maxim 12: A soft answer turneth away wrath. Once wrath is looking the other way, shoot it in the head. |
Walmart.....
On Jul 26, 4:37*pm, Wes wrote:
"Ed Huntress" wrote: We all agree that a community organizer does not make an effective CEO ;) Better to pick a corporate executive who's experienced at offshoring and buying consumer goods from China. They know how to boost employment -- in other countries. And Americans are willing to buy Chinese products. *Germans seem to be a bit better at not cutting their own economic throat. Maybe it is time for a bit of nationalism, the buy cheap while making a decent wage thing has to come to an end or we are going to turn into a Greece or third world country. Wes You better hope not. The one thing America has going for it right now is exports...other countries are buying our stuff. Start a trade war and watch this recession become a depression...just like they did in the 30's. TMT |
Walmart.....
On Jul 26, 9:23*pm, Gunner Asch wrote:
On Tue, 26 Jul 2011 17:37:47 -0400, Wes wrote: "Ed Huntress" wrote: We all agree that a community organizer does not make an effective CEO ;) Better to pick a corporate executive who's experienced at offshoring and buying consumer goods from China. They know how to boost employment -- in other countries. And Americans are willing to buy Chinese products. *Germans seem to be a bit better at not cutting their own economic throat. its not a "chinese" thing, but a cost thing. *Americans buy whatever is cheap enough to afford. Now if we could make things matching the prices of the Chicoms..we would not be in this situation. *Which is indeed possible..but not when it involves manual labor. Maybe it is time for a bit of nationalism, the buy cheap while making a decent wage thing has to come to an end or we are going to turn into a Greece or third world country. Wes -- Maxim 12: A soft answer turneth away wrath. Once wrath is looking the other way, shoot it in the head. Why don't you get a job..then work for Chinese wages...and then get back to us on a stolen WiFi account. TMT |
Walmart.....
On Wed, 27 Jul 2011 18:16:43 -0700 (PDT), Too_Many_Tools
wrote: On Jul 26, 4:37Â*pm, Wes wrote: "Ed Huntress" wrote: We all agree that a community organizer does not make an effective CEO ;) Better to pick a corporate executive who's experienced at offshoring and buying consumer goods from China. They know how to boost employment -- in other countries. And Americans are willing to buy Chinese products. Â*Germans seem to be a bit better at not cutting their own economic throat. Maybe it is time for a bit of nationalism, the buy cheap while making a decent wage thing has to come to an end or we are going to turn into a Greece or third world country. Wes You better hope not. The one thing America has going for it right now is exports...other countries are buying our stuff. Start a trade war and watch this recession become a depression...just like they did in the 30's. TMT What exports are the rest of the world buying? Andhow much real value is this producing? The world isn't buying much in the line of consumer goods from the US - Heck, you can hardly buy them in the USA. |
Walmart.....
wrote in message ... On Wed, 27 Jul 2011 18:16:43 -0700 (PDT), Too_Many_Tools wrote: On Jul 26, 4:37 pm, Wes wrote: "Ed Huntress" wrote: We all agree that a community organizer does not make an effective CEO ;) Better to pick a corporate executive who's experienced at offshoring and buying consumer goods from China. They know how to boost employment -- in other countries. And Americans are willing to buy Chinese products. Germans seem to be a bit better at not cutting their own economic throat. Maybe it is time for a bit of nationalism, the buy cheap while making a decent wage thing has to come to an end or we are going to turn into a Greece or third world country. Wes You better hope not. The one thing America has going for it right now is exports...other countries are buying our stuff. Start a trade war and watch this recession become a depression...just like they did in the 30's. TMT What exports are the rest of the world buying? Andhow much real value is this producing? The world isn't buying much in the line of consumer goods from the US - Heck, you can hardly buy them in the USA. US merchandise exports in 2010 were $1.29 trillion. Merchandise imports were $1.93 trillion. You can get the full report at: http://www.census.gov/foreign-trade/...ease/ft900.pdf You want PDF page 6. Here are consumer goods exports by category: http://www.ita.doc.gov/td/ocg/exptab.htm I think you can see that the popular myths are not only wildly wrong, but downright dangerous. If we got into a trade war and had a big falloff in exports, we'd be in much worse shape than most people imagine. When you get into detail and look at export and import categories, you'll realize very quickly that substituting domestic products for imports would be very, very difficult. And there would not be really large domestic markets for our exports. So we'd be seriously screwed if we tried that. There are two main portals for trade data. Here's one: http://www.census.gov/foreign-trade/index.html Here's the other (mostly data on exports): http://export.gov/tradedata/index.asp Export.gov is a mess right now because they're updating their website. -- Ed Huntress |
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