Posted on 12/12/2010 3:55:10 AM PST by Scanian
Edited on 12/12/2010 4:06:21 AM PST by Admin Moderator. [history]
Among the number of plant closings announced in the United States this week: A printing plant in Greenburg, Ind., costing 220 jobs; a tomato processing plant in Westover, Md., with 103 people fired; an office-supply facility in Mattoon, Ill., with 129 jobs lost.
(Excerpt) Read more at nypost.com ...
--and increased the demand for people to build cotton pickers.
Being my age you probably remember old farmers bemoaning the loss of 'our agricultural base' and scoffing at the manufacturing that made mechanized farming so much more productive. Now we get the same bs from old mechanics that bemoan the loss of factory jobs and scoff at the info service people make productivity soar.
People left the farm, worked at factories, and now run services. What's not to like?
Services??? lol What kind of LSD are you taking. What a joke. Make sure more coconuts don’t drop on your head.
A services economy is a consumer driven economy which means a debt driven economy which means a loser economy. This kind of nation gets eaten alive by those who actually grow, mine and make things. Such as the Chinese. Even the Brazilians have a more “reality based” economy. They drill offshore with a vengeance despite being leftist ruled. They mine grow and make things with a minimum of faggy paper shufflers (Wall Street/banksters) getting a skim. Compared to us at least.
People left the farm, worked at factories, and now run services. What’s not to like?
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Nothing...if the damned goobermint would get the hell out of the way and let the market work. There is never a shortage of work to be done so the only reason some people cannot find work has to be that something is interfering with the market process. That something is government (I prefer to call it goobermint). They are trying now to pass a bill that would make it impossible for anyone to participate in agriculture except for a few huge corporations like Monsanto. When I was a kid we used to take buckets of eggs to the store to trade for other things, they would probably find some excuse to lock you up now if you tried to do that. My mother used to tell a story about giving a whole country cured ham as a payment on her first refrigerator because she didn’t have five dollars to make the monthly payment. Things sure used to be different, didn’t they?
No, it's not always somebody else's fault.
Another reason some people cannot find work is the fact that they're not willing to work hard enough to get a job. It means that the sweet high paying cushy job they once had is no longer an option, and that maybe now they've got to work harder for less money. It happens. Markets can change and sometimes people have got to go back to school and learn something new, something that others are actually willing to pay money for now, even if it takes effort and hard work to learn a new trade and even if it means moving to a new town.
People have got to quit blaming others when they're unemployed, and they need to face the fact others not needing their job skills won't be helped by raising my taxes.
Dennis, when we had this manufacturing economy you remember, what year was it and what percentage of our GDP was manufacturing? So we know what to shoot for.
What you are describing is someone who doesn’t want a job. I am talking about people who DO want to work and can’t find work and if you don’t believe government action is the MAJOR factor you are mistaken, layer upon layer of regulatory horsecrap piled on year after year is killing American business. The so called “healthcare reform bill” has one purpose, to destroy this economy and kill the last inkling of personal freedom, it has as much to do with improving healthcare as a punch in the mouth does. I am the last person who would lobby to raise your taxes.
Um, yes, you’re factually right. But, that is what I am getting at. Technology makes us...better off. Rich, if you will. And there is no stop to it.
However, a large percentage of workers will defend their antiquated jobs. And they vote. A politicians will delay progress( see Detroit unions ) for votes.
Your right, I had it foggy backwards.
Nothing new there. It even happened before unions. The old carriage industry, blacksmiths and the buggy whip manufactures sure didn't much care for that damn Henry Ford, but in the end, the better product will win.
" If Japanese (or German or Korean) auto companies want to invest billions of dollars in the United States to build auto manufacturing plants and then hire tens of thousands of Americans to work in those plants, I frankly don't give a damn where the profits go, although I'd assume some of them are going into my very own 401k plan where I do have some percentage in foreign large caps.
If you want some of the profits, buy some of their stock. They are all publicly traded companies. You want profits, put up some cash!
Do you somehow think that if some company is US based it's profits stay in the US? No they don't necessarily. They go to the stockholders who live all over the world, not just here.
Before you go calling people numbnutz, you should at least understand how the world works. The money spend in terms of costs in building cars dwarfs what the profits may be. I like having all those costs being spent right here in the form of wages, taxes and other assorted costs. I'm damn glad they are here and I really don't give a damn where the CEO lives or where the stockholders live. The investment is here. Give me the investment every time.
The latest numbers I found were $1.4 trillion for corporate profits, after taxes, compared to compensation of employees of $8 trillion.
Thanks for chiming in Mr HyperCapitalist only it for himself. Now repeat after me— “I I I Me Me Me mine mine mine I am a proud libertarian gunslinger”
Being the consummate capitalist you know that a capitalist is in business to make profit. Yet you behave like a good dhimmi and cede US automobile profits to a bunch of foreigners setting up shop on US soil. The Japanese have one thing you do not and that is pride. Never in a zillion years will a US automobile company or any other be allowed to set up a manufacturing operation on Japanese soil
The Chinese allow a US factory on Chinese soil but only if they take on a “connected” Chinese partner for 50% ownership. Plus the Chinese will steal all the technology within five years and make it, sell it, own it 100% themselves
You are just fine with Japanese building factories here and earning the profits Americans should be. You have no pride. You have no right to call yourself a patriot. You must change your freep name to toddster
I like the Japanese. They are smart enough to have pride.
>> Free traitors need to chime in here
And the unions played no role in the demand for imports?
Don’t get me wrong. I hate the sight of abandoned mills, factories, and railroads. But apparently we’re too good for ourselves.
Profits to Japan? Maybe. These companies shares are sold to individuals, pension funds, investors from around the world. Who knows where the profits go.
The collectivist speaks. Your bigger government is better beliefs are being given away by your ignorance.
If that weren't enough, now you want to decide what kinds of cars Americans can drive. Your comments remind me of another economic ideology that hasn't worked out so well over history. Maybe you think it just hasn't been tried by the right people yet.
We also feel uncomfortable looking at cemeteries too but we have to deal with it because life is not possible without death. In the same way, markets need both ease of entry and ease of exit. Everyone's happy about the new plant opening with thousands being hired just like everyone loves seeing a newborn baby. I miss the old days of steam trains at the round house and I miss my grandmother who's loss I'll never get over but I get over not being over it.
We need to remember that all these things were made this way by a loving Creator. The alternative is emotional and spiritual sickness, like we see with those who complain, blame others, call others traitors.
I feel uncomfortable having expats, people who have packed up and left this country, getting all preachy about what citizens in this country should and shouldn’t approve of, especially when it pertains to sending yet another industry offshore, to Central America perhaps.
See? I can disapprove of your self-interest just as easily. I’m not trying to fake piety to do it, though.
That's what I thought you had meant to say and that's why I was agreeing and adding what I didn't see. You're also spot on about those who whine and want high paying work without more training or relocating --that they're just lying about wanting work.
You’re an idiot.
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