7 things about the economy
On Jan 24, 9:35*pm, "nom=de=plume" wrote:
"Jack" wrote in message
...
On Jan 24, 4:38 pm, I am Tosk wrote:
In article f59dda3b-def7-4970-a98a-c5314f862444
@h34g2000yqm.googlegroups.com, says...
On Jan 24, 3:02 pm, "Eisboch" wrote:
"Canuck57" wrote in message
...
Chinese are tightening their credit. I thinks Obama's problems just
got
worse. Especially if China wants some of that maturing US debt paid
off.
What happens if the USA just says, "No"?
Just curious.
Eisboch
They'll quit selling their products here. That'll show us.
I dare you to walk around your house and find 10 items you need to live
life the way you do.. Then do an Internet search and see if you could
have those items if the Chinese stopped making them or the parts for
them... OK, you might be able to do it if you tried, but if everyone in
the country was trying to buy a pair of socks from the last company in
the US that made them (BTW I don't think anybody here does) we would run
out pretty quickly.
Scotty
A huge part of the problem is the fact that we don't manufacture much
stuff here. *IMO, we need to start making stuff here again. *Of
I agree.
course, we can't when unions think that unskilled labor assemblimg an
outlet strip should earn $60k a year.
What's wrong with them thinking that? Nothing. It's called what the market
will bear.
No, it's called greed. It's not market driven when the company has no
choice but to pay.
Collective bargaining = legalized coercion. In the end the workers
priced themselves right out of a job.
And if we all bought socks from the last US company making them,
they'd have a banner year, expand, and we'd have the socks we need and
more jobs to boot.
Except that GM/Chrysler designed cars that nobody wanted.
That dog won't hunt... if that were true there wouldn't be so many of
them on the road. The companies simply became unprofitable, for many
reasons. One large factor is the cost of labor, AKA unions.
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