Originally Posted by graywolf624
We've been a service economy for longer then you've lived here... We've had the longest known bull market in history and are just now doing bad. I hate to break it to you, but it isn't service thats doing that to us.
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And this is part of the problem - the gap between the haves and have nots in the US is wider now than ever, and part of that is the wholesale destruction o fthe manufacturing core.
Now this erosion may have been fueled by unions etc - but the point is that the USA lost its strategic vision a long time go, and the free ride in on the crest of the wave set forth by the great generation is over.
Originally Posted by graywolf624
What fields we are involved in are not decided by global. What it is decided by is our productivity. Improve education, etc if you want to keep the economy going.. Closing the doors doesn't help. International trade is around 10 percent of GDP. It's not the cancer killing this country.
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Opening the doors doesn't help either.
One either has the strategic view to empower and strengthen your country or one has the strategic view to strengthn someone elses country.
While the US has been "spreading the wealth' thinking that embracing the global economy will be repaid in kind, the reality is that this is not the case - all that has happened is that global emerging markets (and the few rich Americans particiapting in them) have grown hand over fist, while the average US citizens standard of living has declined and the countries economic powerbase and strategic base is being eroded.
A bankrunpt America is a weak America.
Originally Posted by graywolf624
Actually its not any import factory. It's any new factory and they get a free ride from the state as they compete for the jobs. Boeing, a US company, got the same incentives with it's new plant. It is more an incentive for the new enterant then a us versus them, though I agree the states need to quit competing in this aspect.
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Not to forget, that GM cant just open a new plant in Buttsville Tennessee, because the UAW wont let it happen.
Originally Posted by graywolf624
Or, given GM fairs quite well in foreign markets, it could be the Unions. The average cost of a uaw employee 73 dollars an hour. The average cost of a toyota non union southerner.. 20 dollars an hour. Any questions?
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The Feds need to shut down every foreign car plat tomorrow - and then onl yallow them to reopen when each foreign country has allowed a US car company to build and open as many plants there.