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Why Do We Import Everything And Send Our Jobs To Other Countries?

Little Angel 2011/05/14 20:50:27
Our economy is really in sad shape and unemployment is at it's highest ever. Yet
we import most everything and Companies send most of the jobs to other
Countries. If we could buy all American Made and all the big Corporations
kept their jobs here, think how much things would improve.

I noticed today that my favorite sheets for ny bed are made in India. I bought
them because they were 55% Bamboo and 45% cotton and are very soft. So
why can't we make more products like that here?

I think we should begin charging the Corporations huge fines for sending
jobs overseas when they are needed here. Also there should be high
tariffs on imports and exports. This would be one step in the right
direction to help our economy. There are a lot of things that need to
change but I believe this is an impotant one.

What do you think? Is there a way to change the availability of American
Made products? Do we really need to have American Corporations in
other Countries.
You!
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Top Opinion

  • John-Michael 2011/05/14 21:26:30
    John-Michael
    +6
    I blame government regulations and union wages..Both of which are anti-consumer and only benifit those who can pay the most to politicians.

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  • gregory.brown.5030 2013/02/01 11:21:17
    gregory.brown.5030
    High taxes , over regulations, and union labor coupled with an entitlement society.
  • Jerry 2012/06/22 09:11:25
    Jerry
    ............ well, neither one of them, Obama or Romney has a clue about this, ohhhh well, You saw to it that Romney is going to be the Nominee of the Republican Party..........nice going America's voting electorate............Not!......
  • James r... Jerry 2012/07/18 18:38:55
    James ruyembe
    +3
    Mmmh! i think obama would
  • nothingbutthetruth 2012/06/21 07:47:25
    nothingbutthetruth
    That will be a good debate question to ask Republicans especially Mitt Romney. Can you get it to him please!
  • U-Dog 2012/06/21 00:27:21
    U-Dog
    Crony corporations are not simply exporting jobs overseas at the drop of a penny but they are also hindering American small business startups thru lobbying for evermore expensive red tape hurdles in the almighty name of the "public good"... And the crooked politicians are usually getting some sort of kick back for allowing them to screw America.

    Big centralized government power along with big centralized money is destroying this nation and if the sheople do not wake up and do their homework soon there will be little point to waking up at all.
  • Warren - Novus Ordo Seclorum 2012/06/21 00:01:52
    Warren - Novus Ordo Seclorum
    +1
    Corporations outsource manufacturing to take advantage of cheap labor. I don't know what the solution is, but globalization has been a disaster for American workers. If we fine American corporations, they would lose out on opportunities to foreign corporations, and that money would flow out of our economy. Tariffs would probably be helpful, but other countries would retaliate and choke our exports. And with individuals using the internet for buying items overseas, it would be difficult to regulate. People would find creative ways of bypassing the tarriffs.
  • BlackwinterG36C 2011/10/22 05:54:08
    BlackwinterG36C
    Because it costs more because of regulations, taxes, and litigation. Unions and liberals have made it finacially impossible to manufacture things in this country for 30 years now. GMC is a health beneifts firm that's byproduct is automobiles!!!
  • ~HopelessRomanticM17~ 2011/10/22 04:40:06
  • davidl 2011/10/22 04:26:08
    davidl
    Because at times, it is a good business decision to do so.
  • Brosia 2011/10/22 01:01:35
    Brosia
    +1
    See, we used to make those things here, but the CEO's of the companies discovered that you can pay people in other countries half what you pay here and work them longer hours with no over time. This means bigger profits, and more money in their pockets. I have long said that we need to tax companies that outsource, give bonuses to those that keep the workforce in America, and and a surcharge to all companies that are incorporated in tax heavens.
  • atomikmom 2011/10/21 04:32:00
    atomikmom
    Because America can't manage it's money and the Americans have to suffer for it.
  • ☠Marz555☠ 2011/10/21 02:22:39
    ☠Marz555☠
    +1
    I blame American corporations who outsource to countries that have no government regulations and union wages so their stock price will see record gains every quarter.

    Because in third world countries... They will work for $1.35 a day.

    Until a majority of Americans will work for $1.35 a day... We will be a service based economy.
  • ShortyDoWop 2011/10/20 22:05:39
    ShortyDoWop
    i have to agree with john-michael
  • Tom 2011/08/14 03:30:51
    Tom
    +2
    because we are stupid
  • Roblem BN-0 2011/08/14 00:33:37
    Roblem BN-0
    +1
    Because Americans people LOVE cheap prices. We have no one but ourselves to blame. Pointing the fingers at any one person, nation, or political party is a waste and ignorant. Companies began going overseas long ago to exploit the labor and natural resources of other nations. Follow the history of companies like Coca Cola. This is nothing new. Corporations were given the rights of a person. So, they can do as they wish. You can't rely on a corporation for anything other than to use you up and spit you out. That is what we have created.

    There was a time when buying American made products meant quality merchandise. Unfortunately much of what is made today is planned to fail, either produced here or overseas. There are far to few businesses that produce high quality goods and stand behind them. Many businesses seem to care more about huge profits and keeping those high paid upper and middle management jobs in play. It is excess fat and it needs to be trimmed.

    We can go round and round regarding regulation but the truth is without it, corporations will gladly destroy everything in their path to keep their next quarters earnings up. Pollution would increase exponentially and safety would go out the window. It is really has already been like that and that is why we have the regul...



    Because Americans people LOVE cheap prices. We have no one but ourselves to blame. Pointing the fingers at any one person, nation, or political party is a waste and ignorant. Companies began going overseas long ago to exploit the labor and natural resources of other nations. Follow the history of companies like Coca Cola. This is nothing new. Corporations were given the rights of a person. So, they can do as they wish. You can't rely on a corporation for anything other than to use you up and spit you out. That is what we have created.

    There was a time when buying American made products meant quality merchandise. Unfortunately much of what is made today is planned to fail, either produced here or overseas. There are far to few businesses that produce high quality goods and stand behind them. Many businesses seem to care more about huge profits and keeping those high paid upper and middle management jobs in play. It is excess fat and it needs to be trimmed.

    We can go round and round regarding regulation but the truth is without it, corporations will gladly destroy everything in their path to keep their next quarters earnings up. Pollution would increase exponentially and safety would go out the window. It is really has already been like that and that is why we have the regulations in place now. People/corporations of proven they can not govern themselves in a safe and sane manner. Instead of being slow growing most want/need that huge profit margin... which IMHO is very short sighted.

    Next we add the rampant greed/fraud/monopoly/bankster syndromes and it goes on and on.

    Honestly I don't see anything wrong with people getting jobs all over the world. We do live in a global economy. How do we address that? I think only caring about our nation is short sighted as well. We need to develop ways to work with everyone and not be so set on DIVISION here and across our borders.
    (more)
  • John 2011/07/11 14:58:41
    John
    We're in a global economy and the cost of wages, and the benefit packages, including very generous pension and health care benefits more than double the actual wages alone. So, if you're making $50,000 in base wages, you're actually making close to $80,000 when you figure in the these generous benefit packages. Although, unions contribute to the high cost of these packages, many big businesses don't allow collective bargaining as part of their operations. The fact of the matter is that only 7% of businesses have collective bargaining as part of the labor force in the private sector. The biggest probem with the unions is in the public sector, but we don't export teacher, police, fireman, health care worder jobs overseas. There are 3 million jobs available for skilled workers, but we don't have skilled workers. Any CEO will tell you that if we did, they would be inclined to hire American workers, but they have to go overseas because that's where the skilled workers are. Our education system is broken and it doesn't produce high skilled labor, except for the very top colleges and Ivy League schools. Additionally, while regulations contribute to shipping jobs overseas, we need common sense, reasonable regulations which do not stifle job growth and the economy, but also don't allow...
    We're in a global economy and the cost of wages, and the benefit packages, including very generous pension and health care benefits more than double the actual wages alone. So, if you're making $50,000 in base wages, you're actually making close to $80,000 when you figure in the these generous benefit packages. Although, unions contribute to the high cost of these packages, many big businesses don't allow collective bargaining as part of their operations. The fact of the matter is that only 7% of businesses have collective bargaining as part of the labor force in the private sector. The biggest probem with the unions is in the public sector, but we don't export teacher, police, fireman, health care worder jobs overseas. There are 3 million jobs available for skilled workers, but we don't have skilled workers. Any CEO will tell you that if we did, they would be inclined to hire American workers, but they have to go overseas because that's where the skilled workers are. Our education system is broken and it doesn't produce high skilled labor, except for the very top colleges and Ivy League schools. Additionally, while regulations contribute to shipping jobs overseas, we need common sense, reasonable regulations which do not stifle job growth and the economy, but also don't allow for corporations to run wild as was proven by the financial meltdown in 2008. The truth of the matter is that we can't compete with China, India, Indonesia, and others and retain the same standard of living we enjoyed in the past. We should face it. We will not be able to enjoy the standard of living that we had enjoyed in the 60s, and the 70s when my Dad earned $65 per week, my mom $35 per week and we owned home, cars with a family of four lived pretty well. We made cars almost exclusively and Japan and South Korea weren't even in the picture. We virtually had a monopoly on cars, TVs, radios, entertainment systems, steel, and even a strong manufacturing base in the clothing industry. This is no longer exists and never will again. There is no one smoking gun that is the problem.
    (more)
  • John 2011/06/19 17:46:11
    John
    One, foreign workers work on average for 75% less money than American workers. Manufacturing will never ever again return to the US. The private sector will continue to ship jobs overseas because they'll make record profits. Two, we really lack skilled labor. Our education system has been broken for 30 years. We don't produce engineers, doctors, high tech labor, etc. We innovate here and have these products of innovation manufactured overseas. Apple has it's Ipads and Iphones made in China. Textiles and clothes can be produced at 10% of the cost in India, Indonesia, Malaysia, Singapore,etc. We don't manufacture fabrics anymore, we don't make TVs, DVDs, Surround Sound systems, Radios, Computers, etc. Our broadband speed is way behind many other countries, like South Korea, Japan, China, and Germany. If we think that we're great innovators because of Facebook, twitter, and social media, exactly how many jobs has that created, Virtually None. Corporations will go where the profits are. They can operate unchecked because China, India, and others don't care about having common sense, reasonable regulations, regardless how much pollution is spilled into the atmosphere. If you go to China, just smell the air in any big city, it reminds me of the late 60's and 70's. Even if we cut en...
    One, foreign workers work on average for 75% less money than American workers. Manufacturing will never ever again return to the US. The private sector will continue to ship jobs overseas because they'll make record profits. Two, we really lack skilled labor. Our education system has been broken for 30 years. We don't produce engineers, doctors, high tech labor, etc. We innovate here and have these products of innovation manufactured overseas. Apple has it's Ipads and Iphones made in China. Textiles and clothes can be produced at 10% of the cost in India, Indonesia, Malaysia, Singapore,etc. We don't manufacture fabrics anymore, we don't make TVs, DVDs, Surround Sound systems, Radios, Computers, etc. Our broadband speed is way behind many other countries, like South Korea, Japan, China, and Germany. If we think that we're great innovators because of Facebook, twitter, and social media, exactly how many jobs has that created, Virtually None. Corporations will go where the profits are. They can operate unchecked because China, India, and others don't care about having common sense, reasonable regulations, regardless how much pollution is spilled into the atmosphere. If you go to China, just smell the air in any big city, it reminds me of the late 60's and 70's. Even if we cut entitlements, raise revenue, and drastically cut spending on the domestic front and the military, it will take 10 to 20 years to get on the right path. For now we are at the mercy of the rest of the world. We have no leverage against China. While it buys up debt in Europe and invests in Africa, we're involved in trillion dollar wars and the rest of the world is laughing. Unless we stop our addiction to oil, stop pretending to be the world biggest military empire, get out of midde east, let the Jews take care of themselves (which has the best military in the Middle East aside from the 100 nukes it possesses, we'll be held hostage by a nation of 4 million who will indirectly bring us down.
    (more)
  • elptrek P.H.A.E.T.'s wizard 2011/06/19 12:03:28
    elptrek P.H.A.E.T.'s wizard
    +1
    First corporations get a tax break to send jobs overseas, second those same corporations love to gorge their pockets by only giving foreign employees third world wages. Third under the influence of the same corporations the government is deregulating the rules which allow the financial industry to sale insurance as subprime swap so they will not have to follow the insurance rules and the oil industry to have those large spills. Solutions one take the money factor out of running for office, two make it more costlier to run a business to ship jobs overseas than it is to leave them here, three do not let corporations have direct contact with politicians, four re-regulate any and all businesses that can do harm to this country fore they have proven them self irresponsible keep them self in check.
  • Barefoot Peace and Love∞ijm... 2011/06/18 21:24:17
    Barefoot Peace and Love∞ijm♥☮♥∞
    +2
    Hell if I know.... stupid move though....
    God Bless OUR Ameirca♥
  • just me 2011/06/13 00:03:15
    just me
    +1
    No easy answers, Angel, but you have some good explanations.
  • Chaya2010 2011/06/12 23:07:06
    Chaya2010
    Consumers want cheap goods companies have share holders and profits to think about.
  • JustCallMeBub 2011/06/12 20:32:29
    JustCallMeBub
    They have to stop certain imports from coming into the US that we buy as consumers here, to cause industry to be implemented back into the US... The places the jobs have gone are to third world countries. Mexico is no exception where people only make, I believe about four dollars and something a day. In China the people live in dormitories, controlled by a Socialist Government working in the Factories that use to be in America.. They have no lives for them selves, they are told how many children they can have and where they can live.. Walmart has even opened Factories over in China, the employees stay in dormitories,, shop at walmart with hardly any money left over.. Could it be that's what the US wants for us? It looks like we are headed in that direction with Progressives approval not ever realizing what stand they have taken against the American Citizens
  • JustCallMeBub 2011/06/12 20:10:05 (edited)
    JustCallMeBub
    Just Remember it wasn't the companies fault for leaving the US, but it was the congresses fault for opening the door for them to leave, and it will take the congress once again to close that door to keep them here, and to bring them back again.. But don't hold your breath on that one, because neither party will make those kind of changes... So for now the Blame game will continue, Progressives blaming the Capitalist for the export of Jobs, when it has been the Government all along doing it to us.. The Conservatives will continue to blame the Democrats.. And the progressives will cry out for a socialist movement to sweep upon the US, not knowing the full impact it will have upon it's citizens..

    What it all comes down to is people blinded by a movement that supports their beliefs
  • Denny 2011/06/12 20:03:16
    Denny
    In the 60's and 70's it was decided by our "leaders" that rather than spend Billions to clean up the air from the Steel Mills and other industry that we would give those jobs to other countrys and keep the answers to everything so that we would make big time money by being the "answer to the world" So this country made the move to become a service economy. People start out at McDonalds ( Its got a computer of sorts in the cash register) on to bigger and better Jobs with college deplomas. The "Hick Conservitives" and Mexicans could do all the few outside jobs and the rest of us will be nice warm and dry in offices answering the Worlds problems and look added bonus no Pollution?? So we give up those jobs and the "Tree Huggers kept at it and now we have the screwed up mess we have now.
  • JustCallMeBub 2011/06/12 19:50:24
    JustCallMeBub
    Not only the US is experiencing this, but Canada as well. The main Trade Agreements that has catered to the export of American jobs was signed in 1993 by then President Clinton supported by both parties, Canada was involved also at the time with these agreements. If Bush Senior would of remained President he would of signed them as well.. This is all part of a plan for a One World Globalization. Listen to both sides concerning Job creation, nothing but Idol words coming from both parties concerning jobs. The Stimulus bill has been a joke, and the Tax Cuts the Republicans want to implement is a Joke as well.. Neither one wants to go near these Trade Agreements to revamp them for the American worker. All they want to do is get elected back into office again for their own selfish gains. GOD bless us four and no more mentality coming from them.. The Wiki Links is showing that they have plans to make open boarders from Canada to Mexico. Do you really believe these Politicians are against one another? Go back in time from Obama's campaign until now concerning Earmarks. McCain started the subject on pork barrel spending and Earmarks.. Obama jumped on board saying he was against both, but we haven't seen none of that from him.. The Tea party demanded Congress to do away with Earmar...
    Not only the US is experiencing this, but Canada as well. The main Trade Agreements that has catered to the export of American jobs was signed in 1993 by then President Clinton supported by both parties, Canada was involved also at the time with these agreements. If Bush Senior would of remained President he would of signed them as well.. This is all part of a plan for a One World Globalization. Listen to both sides concerning Job creation, nothing but Idol words coming from both parties concerning jobs. The Stimulus bill has been a joke, and the Tax Cuts the Republicans want to implement is a Joke as well.. Neither one wants to go near these Trade Agreements to revamp them for the American worker. All they want to do is get elected back into office again for their own selfish gains. GOD bless us four and no more mentality coming from them.. The Wiki Links is showing that they have plans to make open boarders from Canada to Mexico. Do you really believe these Politicians are against one another? Go back in time from Obama's campaign until now concerning Earmarks. McCain started the subject on pork barrel spending and Earmarks.. Obama jumped on board saying he was against both, but we haven't seen none of that from him.. The Tea party demanded Congress to do away with Earmarks. The Republicans chose to vote against them during the Lame duck Congress knowing very well it would remain standing. Then when the Republicans took over the House they chose to bring the Subject up at a later date. Obama then stepped forth before the American people saying He would veto any bill that came across his desk to do away with Earmarks, when he said in his campaign for President that he was against them.. Don't think for one moment that these Politicians don't have secrete meetings among them selves when it comes to passing unpopular bills.. They know exactly what they are doing... I considered the Wiki Links guy a traitor but I'm not so sure any more when more of the truth, and schemes come out of what this Government has planned for America
    (more)
  • John 2011/05/22 18:58:04
    John
    There are 2 million jobs ready to be filled in this country, but we don't have the skilled and educated workforce. That's why Corporations are taking these jobs overseas because as they say, in the engineering field in particular, the engineering workforce in other countries is smarter and better prepared. Until we Overhaul our education system, the skilled positions will continue to be shipped overseas. It's only common sense for corporations to go where workers are going to produce quality products. These corpoations are in the business of making profits and satisfying their investors. A modest tariff of maybe 5 or 10 percent may help, but it is doubtful. If we were to adopt Trump's vision of a 25% tariff on imports, we will do nothing but bring about inflation which will hurt the middle and working class the most at a time when gas prices are high and the economy is recovering at a snail's pace. We are in a global economy and tariffs will not work. To ask China to increase the value of its currency by the 40% which it's understated is an excercise in futility. With the current deficit and debt and the weak economy, we are in no position to be threatening China. There is enough blame to go around: Wall Street Greed, Loopholes in the tax code, Big oil theatening to raise gas ...
    There are 2 million jobs ready to be filled in this country, but we don't have the skilled and educated workforce. That's why Corporations are taking these jobs overseas because as they say, in the engineering field in particular, the engineering workforce in other countries is smarter and better prepared. Until we Overhaul our education system, the skilled positions will continue to be shipped overseas. It's only common sense for corporations to go where workers are going to produce quality products. These corpoations are in the business of making profits and satisfying their investors. A modest tariff of maybe 5 or 10 percent may help, but it is doubtful. If we were to adopt Trump's vision of a 25% tariff on imports, we will do nothing but bring about inflation which will hurt the middle and working class the most at a time when gas prices are high and the economy is recovering at a snail's pace. We are in a global economy and tariffs will not work. To ask China to increase the value of its currency by the 40% which it's understated is an excercise in futility. With the current deficit and debt and the weak economy, we are in no position to be threatening China. There is enough blame to go around: Wall Street Greed, Loopholes in the tax code, Big oil theatening to raise gas prices if the subsidies embedded in the tax code are eliminated. Reguations and public sector unions don't help either. The key is an educated work force. Take away all that power of the teacher unions, fire the incompetant teachers and reward the best teachers, get rid of tenure and the LIFO system of laying of teachers. Finland has the #1 school system in the world, but it draws from the best and brightest and their teachers are treated like professionals, even better than engineers. The working classes are being held hostage by big business. Reagonomics failed, there was no tricle down of wealth to the working class as George H.W. Bush said it is Vodoo Economics. Where has the tricle down been when in the past 30 years, wealth of the middle class has been stagnent and has actually decreased in the past 10 years, while the wealth of the rich has increased by 300%. The American dream was attainable for my parents when we immigrated to the US in 1962. It is now dying and for many it is dead.
    (more)
  • Little Angel 2011/05/20 23:46:59
    Little Angel
    +1
    I want to thank everyone who is here.....I stated my views and wanted to hear those
    of other Soda Heads. You have been wonderful in your replies and actually discussing
    the problem I brought forth. Now this is the way it should be and I have found some of
    the answers very educational. Again:.....
    views hear soda heads replies discussing answers educational
  • PetrifiedElephantPoop 2011/05/19 04:52:02
    PetrifiedElephantPoop
    American economic traitorism is why! We ask our citizens to cuddle up to the flag at every chance we get and we like this kind of patriotism. Why don't seem to hold our American companies to the same standard? Maybe we should be boycotting those companies that chose to business through greedy labor reduction practices by moving hiring overseas?
    http://www.focus.com/fyi/fina...

    After a closer inspection of these companies...ti would be difficult not to buy their products. I guess a shame campaign is all that is left.
  • Dr. Filth 2011/05/19 03:35:11
  • wtxwoman 2011/05/19 02:56:15
    wtxwoman
    +3
    Because the companies that manufacture things want to pay their employees a slave wage and people here want to pay a smaller price.
  • Divided States of America 2011/05/17 01:52:46
    Divided States of America
    There are only two ways people will go for.Dollar has to fall to competitive wages in other countries,or we reevaluate import tariffs.


    The only thing that can work in the long run is pride in your country.Paying a little more to create jobs here.Dealing with other countries is fine if their workers can afford to buy our goods and are willing to.
  • Steve ☮ R ☮ P ☮ 2012 ☮ 2011/05/16 17:52:39
    Steve ☮ R ☮ P ☮ 2012 ☮
    We can't make products that compete in price with China and Mexico because of the government intereference in the market place. Anyone who believes we have a free market economy in America is sorely mistaken.

    Minimum wages imposed on American businesses (coupled by the devaluation of the US dollar) make it impossible for Us companies to compete against the cheap labor in china and Mexico. And it's not just bad policy, it's all by design. The intntion is to weaken America to a point where we're no longer self reliant. When we're dependent on other countries for our survival, then we'll be ready to join the New World Order which has been planned for a long time by the elite of the world. They need America to relinquish it's sovereignty which will never happen while we're strong. Our currency is already teetering on the brink of collapse and will be the final nail in the coffin.

    If you're interested in knowing more about this then I would suggest you google and watch "America: Freedom to Fascism" and then read the book "The Creature From Jekyll Island" by G. Edward Griffin. They will explain most of this and will show you how bleak a future we have in America unless people wake up to reality very soon.
  • Warren ... Steve ☮... 2011/05/18 19:57:51
    Warren - Novus Ordo Seclorum
    +2
    Without government interference, we would all be working for third world wages. Be careful what you wish for.
  • Steve ☮... Warren ... 2011/05/20 19:56:45
    Steve ☮ R ☮ P ☮ 2012 ☮
    +1
    Easy to say, but the truth is that the free market would take care of that problem and ensure that jobs paid what they are worth. But that's not all there is to the equation. If the government was forced to live within it's means, and wasn't allowed to run to the Fed for new money whenever they want it, we'd still have low prices on most everything. It is the rampant inflation caused by the government that is responsible for the high prices in America. That's the root problem. Minimum wages are just the knee-jerk solution our government came up with to cure the symptom of their bad policy. But like most government solutions, they only made things much worse.

    I will take ZERO government interference in all situations.
  • Warren ... Steve ☮... 2011/05/20 20:14:01
    Warren - Novus Ordo Seclorum
    Jobs don't pay what their worth - they pay whatever the market will bear. Companies hire as cheaply as they can get away with depending on the job market. If jobs truly paid what they were worth, then farmers would be the wealthiest of all - no job is more important than providing food. But the skills required to produce food are not in high demand relative to the supply - that's why they rely on imported third world labor on factory farms.
  • Steve ☮... Warren ... 2011/05/23 14:14:51 (edited)
    Steve ☮ R ☮ P ☮ 2012 ☮
    "Jobs don't pay what their worth - they pay whatever the market will bear."

    Not true. We have burger flippers making a lot more than the market would bear if we had a free market. As for farmers not making enough, they work to earn a profit on their crop. When the market demand is high they can increase their costs accordingly. But if there is low demand, to claim they should make a ton of money for their crop is illogical. Of course, the government subsidies and manufactured shortages only serve to undermine the free market in food production as well, so even there you have no real measure of the true worth of that profession.
  • Warren ... Steve ☮... 2011/05/23 15:22:54
    Warren - Novus Ordo Seclorum
    +1
    Make up your mind, are people paid for the value of their work or are they paid based on the supply and demand for the labor they provide? Of course for those like you who have truly imbibed on the free market koolaid, there is no distinction.
  • Steve ☮... Warren ... 2011/05/23 18:31:29 (edited)
    Steve ☮ R ☮ P ☮ 2012 ☮
    Free market koolaid? I love clowns like you who think you have some insider knowledge that the free market doesn't work. Clowns like you who use current economic events to make such a claim, completely disregarding the fact that we have nothing even remotely resembling a free market in America. Everything about our economy is micromanaged by the fools you trust to keep things running smoothly, while all the evidence shows that they make things much worse. I present exhibit #1, the current state of the economy which has been managed by the FED for nearly 100 years.

    I think it is YOU who is drinking the koolaid, pal.
  • Warren ... Steve ☮... 2011/05/23 18:48:00
    Warren - Novus Ordo Seclorum
    +1
    Anybody who even has the slightest knowledge of game theory and how it relates to economics knows that free markets don't maximize economic efficiency without outside assistance. Ever hear of Nash Equilibria or Pareto efficiency?

    But even if free markets did work for maximizing economic output, which they don't, it still begs the question of "What is the purpose of the economy???" Are we really nothing more than automatons whose sole duty is to maximize economic output?
  • wtxwoman Steve ☮... 2011/05/19 02:58:37
    wtxwoman
    +3
    Do you want workers here to make the slave wage of the Chinese? Then they wouldn't have enough money to buy the products. Maybe, just maybe, the ceos and top managers and stock holders should be willing to take less profit for NO work and give the workers a fair wage.

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