Posted on 03/22/2014 10:51:14 PM PDT by ckilmer
(Excerpt) Read more at blogs.marketwatch.com ...
Above statement of yours is perfect example of how little you understand corporations. I had a corporate managerial position for 12 years and your statement above is pathetic lack of understanding corporations.
Bring back American jobs. Now. Selling American industrial greatness to China has been a massive mistake.
Bring back American factories.
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I actually think that’s going to happen with the 3d printing and advanced robotics revolution that’s about to take center stage sometime in the next 5-10 years.
Look at the 2008/2009 number on the graph. The American economy went into a deep dive and it’s stayed there, with a bit of wiggle in 2010 and 2011. It’s not good news, it’s not energy, it’s a piss poor economy.
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except that you’ll notice that after 2009 the numbers started to move back up again. that is all oil/gas related. Now we’re above the top set in 2009 which was bad economy related because the USA wasn’t sucking in imports. The reason the numbers are now above 2009 is because of falling demand for imported oil because of rising domestic oil production due principally to fracking oil in the baaken, eagle ford and a half dozen smaller formations in oklahoma colorado new mexico utah and elsewhere.
A “booming stock market” today (when you take into account our unemployment and drop in standard of living) simply means jobs are still leaving our shores.
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this has been the plan for about the last 30 years or so.
But the technology is changing because of 3d printing and advanced robotics. and problems with the long supply lines to asia. Consequently, we’re in the very first years of a very large turn back of manufacturing to america’s shores.
Correct in all respects. For similar reasons, the Fed had to provide liquidity to support European central banks and financial institutions during the 2008 financial crisis. More so than any other country, the US has developed the institutions and expertise to run a reserve currency and to act intelligently in a major economic crisis. In a financial pinch, the world looks to and trusts the US for answers, rather like New York bankers once looked to J. P. Morgan to figure out how to settle markets when they panicked.
“But the technology is changing because of 3d printing and advanced robotics. and problems with the long supply lines to asia. Consequently, we’re in the very first years of a very large turn back of manufacturing to america’s shores.”
We had the problem with long supply lines to Asia (where the consumers are); Asia fixed it by manufacturing over there. I think one reason for the de facto amnesty here is that a country of 300 million consumers is a small fish when Asia has two countries of over a billion consumers each.
This type of analysis an ignorant throwback to mercantilism. You cannot tell that we’re doing better because our BOP is falling. That’s stupid.
Our national debt isn’t the same as our BOP account.
The next GOP President is going to be long remembered. Just tightening up SSDI will push people into work. Imagine people who have a whole series of “diseases” and “disabilities” that prevent them from “working”.
That’s the biggest growth in welfare and the easiest to correct.
I’d like to see his executive office go after Commerce Clause violations at the state, county and local level. That’s where the real trouble and real money is.
This type of analysis an ignorant throwback to mercantilism. You cannot tell that we’re doing better because our BOP is falling. That’s stupid.
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So the Chinese are generally known as mercantilists. They have a huge balance of payment surpluses. So, unlike everyone else in the world — you would consider that to be a sign of weakness?
Or do you think rather that because the dollar is a reserve currency—the USA has unlimited ability to borrow and print money so as to cover unlimited trade deficits.
You make a point that people from tony B schools make that’s never made sense to me. Kindly school me.
You cannot tell that we’re doing better because our BOP is falling.
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You can tell that rising oil production produces lower federal deficits and lower trade deficits because they create upward pressure on the dollar that mitigates the downward pressure on the dollar caused by the Feds QE 1,2,3.
A look a the dollar for the last couple years shows its going side ways because of the balancing pressures.
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