Posted on 07/13/2012 1:58:32 PM PDT by moonshot925
I made this graph based on data from the United Nations.
2010 was the first year that Chinese manufacturing output surpassed US manufacturing output.
There is no data available for 2011 or 2012 yet.
Why? What good would that have done? I certainly can't understand how outsourcing to a declared enemy would help, but I'm sure you'll explain.
“Manufacturing output in the U.S. is double what it was in 1970. In other words, manufacturing has increased here — what manufacturing was lost, has been replaced by other manufacturing.”
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Sorry I call foul on the increased manufacturing claim.
We import almost everything now.
I do worry about those things. But I am not so myopic to think it is good idea to ruin our heavy industries, which I view as national treasures, while we fight those other issues. You free traitors are playing into the Green leftist hands when you champion offshoring. You are being played for a fool.
Yes, that is exactly what he is saying.
And I for one, agree strongly with him on this.
You are willing to give up a measure of your liberty for the common good. The communists would call you a "useful idiot." I won't, of course. But they would.
All communist countries are my sworn enemy. Even if the country makes good food and the people seem so nice. Stalin was a congenial host at parties from what I understand.
Fixed it. Now it makes sense.
Look, our opponents are not competing fairly.
Their markets are not fair, yet we send our companies there. Why? Over, and over, and over. Losing and sending ever more of our critical industries.
I say NO. Stop the unbalanced theft of our companies.
Let the Chinese make their stuff, and let our people make our stuff.
Enough with the double-standard.
In 1970, if you had walked into any VFW post had a beer and started spouting off that it would be a good idea to offshore our manufacturing base to China you’d probably not made it out of there in one piece.
No. You are flat-out wrong. And why did you put inflation in quotes? It is what it is.
Monetary inflation is the greatest secret evil governments can inflict on their citizens. If the government did not continually add to the money supply, American wages would increase as technology improved workers' productivity.
But the portion of manufacturing expenses devoted to labor would remain the same. When the government debases the currency, our wages increase faster than those of other countries making us uncompetitive.
It is not "globalism" that causes the problem, it is our very own government's policy of cheapening our currency.
Heck I was even in support of Chinese manufacturing originally.
However it has turned to a bad thing IMO. Everything was thrown into the deals which continued.
No equality. No ownership. Chinese bottom line at every turn.
It’s a one-way deal to the brokerage.
Repeating that: A one-way deal to the brokerage.
All our factories, eventually gone.
Jobs gone.
Houses gone. Everything gone.
Even our giveaways gone, because there was no longer any money left.
We NEED TO MAKE THINGS HERE.
Restricting trade with tariffs will hurt the American consumer by marking up the costs of.
It eliminates the incentive to trade, which trade helps boost the standard of living.
A tax on consumers usually imposed to protect cronies of Congressmen. Tariffs never spur economic development, but they do, sometimes, serve to keep inefficient businesses alive at the expense of others.
America's sugar tariffs, for example, have driven about twice as many candy manufacturing jobs abroad as the number of sugar-producing jobs they've saved.
Tariffs on cheap Chinese tires have driven the price up 30%, but not a single American tire manufacturer has restored production to the low-end market.
Tariffs are a means for the government to collect revenue, but they do not spur domestic production. If you disagree, please cite a specific example.
Well a few years ago some FR folks were cheering the outsourcing and cheaper products.. .guess the may have to rethink that
Our trade is held up currently, by running deficits. Big, looming deficits.
Deficits with no hope, of every paying. Deficits which have increased almost 50% just this administration...
That will continue until our factories have been extracted.
Then, the bottom will fall out.
Either we stop this insanity and bring manufacturing back, or we go bust.
Sorry, but that’s how blunt it’s getting.
Either we find another way, or we eventually just go crap out.
That is debatable. In a healthy economy, prices would come down, and 'wages' would remain stable or incrementally increase.
I disagree on your inflation point. ALL countries are inflating their money supply. But, and yet, companies are still choosing to offshore production. Your complaint of inflation in a global environment only works in a vacuum.
Trade deficits are generally a good thing.
They signal that we have a healthy economy increasing levels of income and investment.
Historically, the economy grows faster and the unemployment rate decreases in years when we have a rapidly growing trade deficit.
An expanding US economy in turn fuels demand by American consumers and producers to buy more imports as well as domestically produced goods and services.
“We could collapse China’s economy by destroying Beijing, Shanghai, Tianjin, Guangzhou and Shenzhen. We have the capability to destroy these 5 cities and will maintain that capability for many years to come.”
How about we act like adults instead. Even the Soviets held back from wiping us off the planet when they had the capability, back in the late 70s and early 80s, and they were a Communist dictatorship, for heaven’s sake.
In other words...in your dreams.
At the end of 1980 we had 14,404 strategic nuclear warheads and the Soviets had 7,862.
We also had more accurate ballistic missiles and a balanced triad of forces.
We had the advantage and we would retaliate if the Soviets attacked us.
“At the end of 1980 we had 14,404 strategic nuclear warheads and the Soviets had 7,862.”
I guess we can all make up numbers, if it makes us feel better and live with less fear.
http://www.thebulletin.org/content/doomsday-clock/overview
“...we would retaliate if the Soviets attacked us.”
Sure, if they flattened us, we’d hit back as much as we could. Back then they had some SERIOUS civil defense, so they’d probably survive it somewhat intact. We would have been toast.
But the bigger concern was their conventional advantage in Europe. Would we have risked WW3 and an all-out nuke exchange if the Soviets, had, say taken 50 sq. miles of West Germany? If I ran that country I would have done that, knowing that my economy was about to collapse - but lucky for us that I didn’t...
We go LUCKY AS HELL that those people didn’t feel like gambling with the future of humans. I prefer not to play Russian Roulette again, this time with the Chinese.
But if your numbers make you feel better, more power to you.
My numbers come from US-USSR/Russian Strategic Offensive Nuclear Forces 1945-1996 published in January 1997.
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