On 3-Aug-2010, "Charles C." wrote:

The current condition of the US economy and unemployment is a political
problem, not a corporate problem. Corporate CEO's are charged with the
fiduciary responsibility of maximizing profits and return on investments
by
the shareholders. They don't negotiate and establish international trade

policies. Politicians do that.

The US needs to get tough with trade agreements and policies. Tariffs on
products manufactured in China and elsewhere is a good place to start.
When
US manufactured products can compete price-wise, CEOs of corporations will

be more inclined to manufacture here, creating jobs.

Simple as that. We need political leadership with the gonads to make it
happen. Otherwise, unemployment will remain high or even go higher. The
jobs lost aren't coming back unless action is taken. If the jobs don't
come back, the US economy will never recover and the middle class will
continue to shrink.

That is 99% correct - you only neglected to mention that the people that you
want to solve the problem are the same that created the problem. It won't
happen. Only the purchasing public can change the demise, by refusing to
buy shoddy overpriced 3rd world products. Let's pretend you own Home Depot
- it comes to your attention that sales are down 85% and most customers are
leaving because they don't want your 3rd world produced merchandise. What
does any CEO/manager etc. do? Change what they sell! "Americans" to too
lazy and too stupid to act on their own, and bleat for "the government" to
same them from themselves.

It's over, no one should bitch, it was a quite functional country between
1942 and about 2003. All that's left is the memorial service, if the
Mexicans will hold one for their new territory.