The Blockade Stopping the Economy From Recovering

Discussion in 'Economics & Trade' started by Silhouette, Apr 30, 2013.

  1. JoeSixpack

    JoeSixpack New Member

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    Like he said they decide what is legal, and they make the rules that everybody but them have to follow.
     
  2. Alaska Slim

    Alaska Slim Active Member

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    Production in the U.S. has never gone down, it's still increasing, and we are still the #1 manufacturing nation in the world.

    What "killed" more manufacturing jobs than anything else, was automation, not the sweatshop-worker in China.

    Forcing goods to be produced here rather than abroad would only come back to hurt our own exports. This has to do with the cheap consumables that China produces, that we then utilizing in our own products.

    Uh, yes it is. Physics has pretty much determined this in Fracking's favor, no other readily available fuel source provides the same amount of power per pound.

    Your accusation of Water tables is overwrought, fracking occurs several thousand feet below the surface, while water aquifers rarely exceed 300. It's not in the actionable area, so contamination is few and far between. And even where it does, the contaminant we tend to be talking about is methane, which isn't toxic.
     
  3. Silhouette

    Silhouette New Member

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    Oh, so all those people who are unemployed from the record numbers of factories and businesses closing in the last decade are all just figments of everyone's imagination eh?

    And all those stores packed with "made in China" goods from wall to wall, that used to say "made in the USA" are an indication that production of goods is up in the USA, right?

    You can't just say a lie is true with all the hard evidence laying around for everyone to see, every day.
     
  4. bwk

    bwk Well-Known Member

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  5. johnmayo

    johnmayo New Member Past Donor

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    Imports don't hurt us I agree we need to focus on competitiveness and removing obstacles, but less international trade isn't the answer. When we import we pay it with exports, or the exporting countries see a rise in the value of their currency relative to ours that makes our labor relatively cheaper to them etc... Which leads to more trading.
     
  6. Silhouette

    Silhouette New Member

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    Yes and that means toppling monopolies and allowing smaller guys to expand and compete more fairly. These monopolies cannot possibly employ enough people to rescue the economy from the lethal unemployment. The monopolies would rather die than see people employed, and thereby able to afford their products.

    The root of the American economic problem is monopolies and their lobbiests keeping their monopoly in place and unchallenged.
     
  7. bwk

    bwk Well-Known Member

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  8. unrealist42

    unrealist42 New Member

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    All those factories in North Carolina created all the empty factory buildings across the northeast US.
    Now they are empty and suddenly we should care?

    Let me give you a little history. In 1845 the first textile manufacturer moved from Massachusetts to North Carolina seeking a lower wage work force. Meanwhile the textile manufacturers in Massachusetts invested their money in making their factories more efficient so they could pay their workers the higher wages they needed as the standard of living rose. The last large textile mill left Massachusetts in 1948, by which time it has become both the largest and most efficient textile manufacturing plant in the world.

    The textile manufacturers who could not pay higher wages were displaced by manufacturers who could pay higher wages to the skilled workforce to make higher value products like the machinery for textile and shoe manufacturers. This has continued to the present day where the descendants of mill workers in Massachusetts now build machinery that makes computer chips and robots and are among the highest paid manufacturing workers in the world because their skill level is so high that it is so difficult and expensive to replicate that companies do not even consider moving their operations elsewhere and foreign companies continue to move in. Meanwhile, Massachusetts employment moved into high tech led by research at its many top line universities, like MIT and Harvard. There is no large tech company, computer or biotech that does not have a big presence in Massachusetts.

    It is called moving up the value chain and it is a critical part of economic development. Those textile mills that moved to North Carolina a hundred years ago have moved at least four times since then, first to Central American and the Caribbean, then to Japan and Korea and Taiwan, then to China and India and the Phillipines, now in Bangladesh, Vietnam and Pakistan and Sri Lanka, moving to Africa next. You really think you can reverse that tide, which has been flowing for over 150 years?

    North Carolina has its technology triangle. Its future is there, not in bringing back widget manufacturers who, even if they do come back will provide few jobs because their factories will be fully automated with machinery made in other places and they will need engineers to work in them, not unskilled labourers.
     

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