jennifer; buy guns and stock up on food. you're about to see inflation and government intervention into your personal life.
Fears of an Obama-led shift to protectionism may be overblown.
jennifer; buy guns and stock up on food. you're about to see inflation and government intervention into your personal life.
and just how does obama know what he is doing? you can't tell by what he's done and his books paint him as a facist. he's never been in charge of anything so we don't know if he could lead a high school band. worry america. we're about to see the worst of times.
I am a working class mother of three. I own my own house and have since I was 19 years old. I always have paid my bills on time, I have no criminal record and I believe in helping out others in need. I am so baffled on how America has gotten the way that it is, and as I sit here and think of what is left of America it becomes scary. You already know the hurdles ahead of you as our next president, but I don't think the American people can go through any more hurdles. We are losing our jobs our health care and all that we have worked for our whole lives. We will be left with nothing. The big companies are still greedy, trying to get every last dime out of people until we just cant give anymore. It outrages me that I have credit cards and I am not late but I may soon be charged with a 24% interest rate. WHY??? oh the economy sucks so lets stick it to the ones still paying. Does anyone not learn form the mistake we are so fighting to survive in now? Six months from now there will be another collapse and everyone will pretend they do not know why. Companies/healthcare are setting the next wave of collapse up. We just wont survive. I cant stand to think that every thing I have worked for will be gone and I did my American part, paid taxes, abide by the laws, worked fulltime, helped out others, raised a family, and donate to the less fortunate. I know that I am not the only person who is ashamed of America right now. Greed has gotten us here, and greed will not get us out. Enough is enough. I voted for you and believe in you and I hope that you can help us before it is too late.
Jennifer Rumphol
If Asian currency manipulation was stopped and corporate taxes were changed to make it unprofitable for US multinationals to off shore production, you would see a renaissance in American manufacturing.
Unprecedented opportunities would open up for US based small business to open automated manufacturing operations and take business from the multinationals. The same multinationals that have not created a single net new job in the US in decades.
The problem for president -elect- Obama is that his words will come back to haunt him. In pandering to the unions and other special interest groups, He did come out and say NAFTA needed to be re-done. The problem here is that there is no incentive for Canada and Mexico to redo the treaties and none can be offered. If he "refines his position" which should be the Phrase of the day on the Colbert show, he will alienate the special interests that got him elected. He faces the same problem in other areas. For example, He has said he wants to create 2.5 million jobs over the next 2 years in re-building our infrastructure. This is a good idea but the cost means we need to look at a 5-8 year plan on this re-building. The problem is that economists tell us our economy needs to create 100,000 jobs a month just to handle the new people coming into the job force. That translates into 1.2 million a year or 2.4 million over 2 years. That only leaves a cushion of 100,000 jobs and that is meager when compared to the millions unemployed now. The words we say do matter and JFK always looked at what he had said on any issue before making proposal because he didn't want what he said to come back and haunt him or hinder his re-election.
The final point is that to re-build our infrastructure (which includes roads, bridges, sewer systems, and our electric grid and we agree this needs to be done) is that these jobs will mostly be union jobs and we don't have enough union members to do the work.
"The problem here is that there is no incentive for Canada and Mexico to redo the treaties and none can be offered. "
Rubbish. Canada is getting screwed worse than we are. They'd jump at the chance to get out of NAFTA.
The Eastern countries that we trade with typically only purchase products from us until that time that they develop a domestic industry; then we are out the window. On the other hand, we allow them to suck our manufacturing base out from underneath us. The only reason this appeals to the capital elitists and the Republican party is that it keeps the American worker docile and scared. Some protection is in order.
I have just one thing to say.For the month of November 2008.The U.S. lost 500,000 jobs .
Trade, yea,right
The word trade should be dropped from the current U.S. policies.Trade implies that two parties have something of equil value to exchange.What our politicians are doing is giving away access to the world richest market in exchange for friendship.We outsource jobs to China,then let China flood are markets with cheap goods because we want a friend.We let Japan have our car market because we need a nival base there,England, France Germeny, the list goes on and on.But it is not trade.We dont even produce goods to trade.Obama was right to look at F.D.R. for a model.We have to go back that far to find an America that was more concurned about its people than, a one sided fake ,take all you can ,one sided arrignment in which we are doing all the giving.Bush economy reflict his knowledge of the world .He dont have any.
"and to instilling confidence in a free-market system based on fairness, transparency, and the rule of law. "
Wow, that goal crashed and burned! Imports flooding into our markets from China and India come from factories that have none of the environmental or labor protections that we are required to provide in this country. Transparency and the rule of law are nothing more than a joke in both of those countries.
This is free trade, but it is not fair trade. I was disappointed to hear BOTH candidates decribe themselves as free traders in the debate. Expect another four years of clueless leadership that takes us deeper into economic trouble. Obama may have thrown the Unions a bone, but he is not their man.
Republicans/ neocons skewed their agenda away from the unions to give big business as much power as they could handle. Conversely unions were run into the ditch by lawyers, big union bosses that were influenced by greed. The answer lies in the middle. Of all the social economic unrest that hinders our nation historically and currently, the answer remains in the "radical center!" Ideology that skews to the right or left is corrupt, narcissistic and greedy! White-collar crime is the worst- it destroys families by the millions thus opening the door to desperation and incivility- more crime!
The double standard that exists in American ethics regarding democracy will destroy our union if it is left unchanged! Millions of people are losing everything they have- not one person has gone to jail! Think about it! Is this a sound social economic model?
Republicans/ neocons skewed their agenda away from the unions to give big business as much power as they could handle. Conversely unions were run into the ditch by lawyers, big union bosses that were influenced by greed. The answer lies in the middle. Of all the social economic unrest that hinders our nation historically and currently, the answer remains in the "radical center!" Ideology that skews to the right or left is corrupt, narcissistic and greedy! White-collar crime is the worst- it destroys families by the millions thus opening the door to desperation and incivility- more crime!
The double standard that exists in American ethics regarding democracy will destroy our union if it is left unchanged! Millions of people are losing everything they have- not one person has gone to jail! Think about it! Is this a sound social economic model?
Start putting environmental protection regulations on trade and you will really see unemployment raise. Those costs will go right to the consumer. This is a large part of the problem with the Big Three automakers and forced union wages, benefits, etc.
http://www.usefulopinions.blogspot.com
'Forced wages'? Yeah - let's completely kill of the middle class - that will help the economy.
Please read these words as they are more important now than they were decades ago...
Today in America, unions have a secure place in our industrial life. Only a handful of reactionaries harbor the ugly thought of breaking unions and depriving working men and women of the right to join the union of their choice. I have no use for those -- regardless of their political party -- who hold some vain and foolish dream of spinning the clock back to days when organized labor was huddled, almost as a hapless mass. Only a fool would try to deprive working men and women of the right to join the union of their choice. -???Dwight D. Eisenhower
Following 9/11 Wall Street firms lobbied for, and succeeded in getting tax breaks and financial incentives in exchange for keeping their headquarters in NYC, arguing that jobs were being kept in the city. Not long afterwards they began outsourcing numerous jobs to India. The numbers of outsourced jobs to India continued to escalate and expanded to the Philippines and elsewhere. Naturally from the outset, CEOs and executives received record bonuses due in part to the thriftiness of their outsourcing. Those additional bonuses could have paid the salaries, if not in full then in large part, of those whose jobs were outsourced. Meanwhile the outsource workers were not coming to NYC to eat their lunches at local eateries, by clothes at local stores, or support the local economy in any way.
The hidden cost of outsourcing, apart from it's debilitating effect on the morale of the employees not replaced (we know the debilitating effect on those who were replaced), has not yet been recognized.
When work was sent to India, not only did the outsource workers do the jobs but there were outsource workers in India who quality checked the work before it was sent back to NY. However, the work then had to be quality checked again by employees in NY, a time and cost redundancy in and of itself had the work come back to NY in perfect shape but more often than not the work sent back from India was rife with errors, quite often requiring that it be redone in its entirety by employees in NY. Where was the cost cutting in that?
It's not that people in India are stupid. What happened was twofold. Training given to them was abbreviated in order to cut costs. The work done in our department was very diversified and required a high level of adeptness in numerous programs. This could not be trained in one or two months. Even more of a detriment was that after gaining 6 months to a year of experience, the outsource employees apparently found they could take their new skills elsewhere for higher pay, making turnover and retraining of new recruits an added liability. Outsourcing is wrong on so many levels in my opinion.
For a long time employees in NY were told they could not let it be known to clients that work was being done in India. This meant NY employees had to take the blame for any mistakes that slipped through or jobs that were not delivered on time. When employees in NY "griped" about the quality of the work coming back from India they were basically told to shut up and that there was nothing that could be done about it. This went on for years, right up until the financial crisis. One manager announced to the entire department, "I do not want to hear another negative thing said about the work from India". It was a case of 'get with the program'. There were people in these firms who benefitted from the charade.
My company has an overseas parent company who refuses to outsource to India because they have metrics showing that on average it takes about 2.5 Indian workers to do the same job as an American worker....no cost savings there especially when you factor in the 'on-shore' overhead to work with the offshore folks. But they make us hire lots of on-shore H & L visa folks under the thoughts that being onshore helps. It doesn't in my opinion but I don't make that call :-(
If by protectionism, what you really mean is that we'd have Fair Trade - trade that supports employee rights and living conditions, trade that provides a fair playing field for American industry rather than handicapping it, then hell yes - let's bring back protectionism. The Free Trade doublethink of the last twenty years has brought poverty and untenable economic systems all over the globe - all in the name of unbridled greed.
Barack OBAMA is a protectorate of his fellow democratic buddies.
The man of " C H A N G E " is not promoting change.
The appointment of Hillary Clinton and her political mob friends proves, Obama was a liar.
I voted for this man, I believed in this man.
I know Clintons and Daschle for what they are ---------- pond scum.
Until the government stops being 100% pro-corporate at the expense of its people we wil continue to go downhill. The greatest resource a country has is its people, and in the US its the most misused and exploited resource of all. Lobbyists run this country, they should be outlawed.
tcar13...
Today in America, unions have a secure place in our industrial life. Only a handful of reactionaries harbor the ugly thought of breaking unions and depriving working men and women of the right to join the union of their choice. I have no use for those -- regardless of their political party -- who hold some vain and foolish dream of spinning the clock back to days when organized labor was huddled, almost as a hapless mass. Only a fool would try to deprive working men and women of the right to join the union of their choice. -???Dwight D. Eisenhower
tcar13 - one way out of this problem would be to stop importing millions of workers a year for those "jobs that American's won't do". That would go a long way at lowering the numbers of jobs that need to be created to help those who are losing their jobs right now.
To solve your other 'problem' why not allow more workers to unionize? Anything wrong with that or do you long for the day when no worker can earn a decent wage that will support a family - you know the once thriving middle class.
"If the American people ever allow private banks to control the issuance of their currency, first by inflation and then by deflation, the banks and corporations that will grow up around them will deprive the people of all their property until their children will wake up homeless on the continent their fathers conquered."
-Thomas Jefferson
Abraham Lincoln...."I see in the near future a crisis approaching that unnerves me and causes me to tremble for the safety of my country...Corporations have been enthroned, an era of corruption in high places will follow and the money-power of the country will endeavor to prolong its reign by working upon the prejudices of the people until the wealth is aggregated in a few hands and the Republic is destroyed."
To - John Dough and other...you must have as much money as your name implies because so called 'free trade', outsourcing/offshoring/onshoring has all been engineered by the gurus who brought us credit default swaps and who have sucked up trillions of dollars in bailouts.
These actions brought us to the brink of another great depression - NOT the belated cry to stop shooting ourselves in our feet.
Workers wages have been falling because we've been forced to compete with unregulated labor making a fraction of the pay an American makes. We've seens tens of millions of our jobs offshored so corporate profits can rise without an increase in pay for those few who are lucky to still have a job.
That wasn't enough so the gurus came up with another way to lower wages.... always claim a shortage of American workers despite all evidence points to the opposite and then import millions of foreign nationals willing to work for less.
So now in addition to competing with offshore workers, they bring workers on American soil who we have to compete against. It it a wonder why average wages have fallen after accounting for inflation since 'free-trade' has reigned supreme?
Do you think we would not continue to trade with other countries? That would be foolish and is part of the fear mongering that those folks who are afraid of losing some of their billions to us common folk. But we will have fair bi-lateral trade policies negotiated between the US and other countries, not things that are shoved down our throat by the unconstitutional WTO.
Yet despite everything negative that so called 'free-trade' has brought this country - folks like yourself cry 'protectionism' as if it's a bad thing. Trade policies in effect before NAFTA/CAFTA and the 'free-traders' came to power made us the strongest country in the world.
What have the gurus brought us to? Another great depression and our country now looks like a 97-pound weakling.
Why don't we go back to bi-lateral trade, what most refer to as 'fair-trade'? Eliminate offshoring/onshoring and the insane importing of workers for "jobs American's won't do". According to the shortage shouters there aren't enough Americans for ANY job since they just want workers who will work below what Americans are currently getting.
Bring back the old strong America - not what the wizards on wall street have foised upon us.
Protectionism will lead to a depression. I see no problem renegotiating Clinton's cave-ins on NAFTA and the GOP sign off on it. Protectionism is a tried and failed policy see the GREAT DEPRESSION.
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