Tea Party kicks Boehner in the teeth - again

[GBBob]

Originally Posted by joeydb

I gotta agree with you there Bob. Almost every consumer will buy a product at the lowest price if the quality is on par with the higher priced competition.

And I understand the desire to do something about job exodus. We need to. But whatever approach is chosen must be in line with the laws of supply and demand, resulting in a manufactured product that has pricing and quality at least on par with the products produced by the worldwide competitors.

This is why some suggest slashing corporate tax burdens and regulation - not to overtly benefit the owners of those corporations - but to reduce their costs so that making things here in the U.S. still makes good business sense. If the costs are too high and would produce expensive items that will not sell, a company must either move to where the costs make sense or shutter their doors. Either of those options leaves American workers without a job.

We are never going to be competative in meat and potatoes manufacturing of products with heavy labor as a major part of the product cost. Complex sewing garments, intricate detail on jewelry, etc are examples of areas that are gone forever. Even with China labor rates going up 5x over the last 2 years and with most factories supplying US Retailers providing health insurance and unioninzing, there is still too big a gap between the min wage here and what it can be made for there. Even if a US Company takes their manufacturing off shore, they do so to save millions of jobs that would be lost otherwise..Sales, Office, warehouse and distribution centers are positions that can't be outsourced, but that are saved by moving mnaufacturing to remain competitive. I'm sorry...you go to a Target Buyer with a Jacket made in the US at as cost of $30 or the same jacket...with quite possibly better quality that will cost Target $20 but is made in Vietnam....which one do you think they will choose?

One area that we should not lose ground jobs wise though is in the technological fields. We don't do a good enough job making it worth US Companies while not to move research labs and hi tech manufacturing off shore. Cheap labor does not drive the cost basis of a lot of these products and there is a proprietariness to them that allows for a comparison by retailers that isn't all about being the cheapest.

[geeker2]

welll put Bob

[geeker2]

Originally Posted by geeker2

welll put Bob

and JMS

[joeydb]

So... how are we going to pay back this debt with no jobs???

[Riot]

Originally Posted by joeydb

So... how are we going to pay back this debt with no jobs???

Which do you think is more important? Jobs or the debt?

As JMS said, "An economy where 3% of the people have 98% of the money is destained to fail."

[joeydb]

Originally Posted by Riot

Which do you think is more important? Jobs or the debt?

As JMS said, "An economy where 3% of the people have 98% of the money is destained to fail."

Obviously we need both jobs and very low debt. And we used to have both, so don't tell me we can't do it again if we make policy to do so.

JMS might be right. It is also true however that an economy where 47% of the people pay no income taxes is also destined to fail. The other 53% won't keep carrying the dead weight. More and more of them will go to the side where they can have the freebies. That will mean less people paying the bills. This is the mechanism by which the economy fails.

[Riot]

Originally Posted by joeydb

Obviously we need both jobs and very low debt. And we used to have both, so don't tell me we can't do it again if we make policy to do so.

We are in a slow recession recovery. We need jobs. Carrying debt right now is of little consequence.

JMS might be right. It is also true however that an economy where 47% of the people pay no income taxes is also destined to fail. The other 53% won't keep carrying the dead weight.

People don't pay income taxes unless they have income. They need jobs to have income. The middle class is now virtually non-existent. What drove this country in the past 50 years? An upwardly-mobile, spending middle class. It's gone. Walmart's revenues are even dropping off. Not even the poor have money any more. They have been bled dry.

Look up who gave the 1.4 trillion dollars in unfunded tax cuts during the past 10 years, and look up how much income tax the top 10 biggest companies in this country paid last year. Our revenues have never been lower.

Then wonder why the Tea Party and the Republican Party are fighting 100% against any revenue increases? And decreasing spending during a slow recession recovery? (and the Dems have gone over to that dark side, too, the fools)

More and more of them will go to the side where they can have the freebies. That will mean less people paying the bills. This is the mechanism by which the economy fails.

Less people paying the bills is directly due to the Bush Tax Cuts. They need to expire. You agree, right? BTW, your "Tea Party" is fighting that. Completely against anybody paying more taxes. Why do you support that craziness?

[jms62]

Originally Posted by joeydb

Obviously we need both jobs and very low debt. And we used to have both, so don't tell me we can't do it again if we make policy to do so.

JMS might be right. It is also true however that an economy where 47% of the people pay no income taxes is also destined to fail. The other 53% won't keep carrying the dead weight. More and more of them will go to the side where they can have the freebies. That will mean less people paying the bills. This is the mechanism by which the economy fails.

Joey there are plenty of uber rich folks in the 47%... Don't kid yourself.

[jms62]

Originally Posted by GBBob

We are never going to be competative in meat and potatoes manufacturing of products with heavy labor as a major part of the product cost. Complex sewing garments, intricate detail on jewelry, etc are examples of areas that are gone forever. Even with China labor rates going up 5x over the last 2 years and with most factories supplying US Retailers providing health insurance and unioninzing, there is still too big a gap between the min wage here and what it can be made for there. Even if a US Company takes their manufacturing off shore, they do so to save millions of jobs that would be lost otherwise..Sales, Office, warehouse and distribution centers are positions that can't be outsourced, but that are saved by moving mnaufacturing to remain competitive. I'm sorry...you go to a Target Buyer with a Jacket made in the US at as cost of $30 or the same jacket...with quite possibly better quality that will cost Target $20 but is made in Vietnam....which one do you think they will choose?

One area that we should not lose ground jobs wise though is in the technological fields. We don't do a good enough job making it worth US Companies while not to move research labs and hi tech manufacturing off shore. Cheap labor does not drive the cost basis of a lot of these products and there is a proprietariness to them that allows for a comparison by retailers that isn't all about being the cheapest.

Well put and that was the focus of my rant.. I used too wide a brush in painting. We drove out the manufacturing sector in the late 80's and everyone was told to get educated for high tech related and white collar jobs. Now those are being tossed and we are being told to invent the next big thing that will employ everyone. But the dynamics have changed the next big thing will also be done overseas. An economy where 3% of the people have 98% of the money is destained to fail.. My personal circumstances are that I am doing very well and my wife and I (thank god) have never been unemployeed so I am not talking my book here. I am afraid of the country our chidren and their children will inherit. I guess they all could bet Playa_Playas system for a living but I digress.

[Riot]

Originally Posted by jms62

We drove out the manufacturing sector in the late 80's and everyone was told to get educated for high tech related and white collar jobs. Now those are being tossed and we are being told to invent the next big thing that will employ everyone. But the dynamics have changed the next big thing will also be done overseas. An economy where 3% of the people have 98% of the money is destained to fail..

BTW, IMO we are no longer educated enough, or motivated enough, to invent the next high tech stuff anyway.

[jms62]

Originally Posted by Riot

BTW, IMO we are no longer educated enough, or motivated enough, to invent the next high tech stuff anyway.

I think we are educated enough but big business says otherwise as a justification of selling us out for the enrichment of a few.