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#1
posted to rec.boats
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7 things about the economy
"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 |
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#2
posted to rec.boats
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7 things about the economy
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. |
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#3
posted to rec.boats
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7 things about the economy
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#5
posted to rec.boats
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7 things about the economy
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 course, we can't when unions think that unskilled labor assemblimg an outlet strip should earn $60k a year. 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. |
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#6
posted to rec.boats
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7 things about the economy
"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. 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. -- Nom=de=Plume |
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#7
posted to rec.boats
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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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#8
posted to rec.boats
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7 things about the economy
wrote in message
news  On Sun, 24 Jan 2010 18:35:50 -0800, "nom=de=plume" wrote: 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. The market has already spoken. We go to walmart and buy something from china because it is cheaper. 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. I hear that a lot but they sold the hell out of their trucks. That was the cash cow at all of the US manufacturers. The Ford F150 is still one of the top 3 vehicles in the US, down from #1. I will agree the assembly of a lot of these cars is crap (squeaks rattles etc) ... but that brings us back to that $60,000 guy doesn't it? I suppose it does, but I don't know what Wal-mart has to do with the auto industry. There are plenty of foreign cars that are affordable and darn nice. -- Nom=de=Plume |
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#9
posted to rec.boats
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7 things about the economy
In article fff54e85-9427-4b39-9824-
, says... 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 course, we can't when unions think that unskilled labor assemblimg an outlet strip should earn $60k a year. 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. They would never keep up with the demand. Did you know that there is a city in China that basically makes all the retail socks we buy here in America and most of the rest of the world. That's how manufacturing works over there, one city (group) one product.. The whole area is all about socks, millions and millions of socks. Or sock company wouldn't last a month without spare parts and new machines from China anyway... We would have no socks. No problem though, we wouldn't have any shoes either, pants, shirts, toasters, coffeemakers, coats, tin cans for food... They could wipe us out so we better keep paying them and keep ourselves valuable to them.. Scotty |
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#10
posted to rec.boats
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7 things about the economy
On Sun, 24 Jan 2010 15:02:26 -0500, "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 actually this was discussed in milton friedman's book. he thought it would be wonderful if other countries sent us cars, boats, food, etc. and we sent them paper. |
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