On 9-Sep-2010, Jim wrote:
North America. The U.S. said "c'mon in!" to Japan and Korea, and
succumbed
to Japan's and Korea's policy of prohibition of your production/output.
What did you do about that? You buy Asian, lose your position, then
bitch
about the scumbag politicians you put in office.
so here you sit blaming the middle class, ignoring the fact we simply
have no money.
Sorry, bub. It was the "middle class" that went for foreign products.
Age of consumerism. Low wage labor wins the day.
Consumer reports probably did more to ship industrial capacity overseas
than any other entity.
The "middle class" sucked it up.
Can't count the times I heard "educated" people say the U.S. would be
the "brain" capital of the world and the scut work would be done overseas.
Fools. Having been among many people I knew the U.S. didn't have a lock
on brains.
Most of those "educated" people had their jobs offshored.
Serves 'em right. They had nothing but disdain for the people who
actually did productive work. **** 'em.
Substantially accurate assesment.
BTW, do you know why there are all those Toyota, Honda and other foreign
plants in the U.S. providing work for Americans?
Ronald Reagan.
As stupid as he was, he forced the Japs to start building plants here
under threat of tariff on Jap cars.
The Asian auto plants are final assembly plants - U.S. content is minimal,
but the perception that these vehicles are "made" in the U.S.A. is common.
One must understand the concept of fixed costs, which are 50% of the cost of
developing and marketing a vehicle. Final assembly factory labor is good
considering the alternative is complete importation, but raw materials,
engineering, management, tooling, capital equipment and all R & D are
foreign. Toyotas are not "made" in the United States. Only a few weeks ago
I provided engineering trouble shooting services to a facility attempting to
produce parts for Nissan. Tooling was red Chinese, capital equipment was
red Chinese, raw material was Japanese, the plant was in Mexico. This is
common and in the majority - the vehicles are not "made" in the U.S.
He was the last President to do ONE GOD DAMNED THING to protect American
jobs.
And that includes Obama.
That sap of yours allows billions of dollar of stimulus money to be
spent in China for his "green" energy initiative.
Read it and weep.
http://abcnews.go.com/WN/wind-power-...ory?id=9759949
As much as I find this Kurtz joker a putz, he's got some things right.
The pols have no ****ing idea how to fix the mess they allowed to
happen, and that includes Obama.
You go ahead and tell me how the 6000 "middle class" jobs he created
overseas instead of here ain't ****ing the American "middle class."
So Kurtz is right for now. I'm just hoping he won't stay right.
The jury is out, but it's been out too long to my taste.
Jim - Ever hopeful.