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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: Road Walker who wrote (358804)11/16/2007 3:58:00 PM
From: tejek  Respond to of 1571399
 
And while the US can never be the manu. superpower that it once was, it doesn't have to be losing manu. jobs at the rate of 500k per year that have been lost under Bush.

Making great stuff (including agriculture) is what made this country great. Can we remain great by selling each other services and exporting digits? I'm not at all sure of that.


First of all, some of those manu. jobs are not so great....many of them were assembly line jobs that do not pay much even here. Secondly, when its work that require simple physical labor and no intellect, its definitely not worth wringing our hands over. American land costs more, our buildings cost more to build, labor costs more to run the plants etc. We just can't compete......and that's okay.

However, in the last few years, we are starting to bleed manufacturing jobs like we did under Reagan......some of which are substantive jobs that still could be done here. It shouldn't be that way.....these are Republican administrations that are supposed to be business friendly. But I think in both instances they end up creating econ. climates that are not friendly to business.......a lot of pork and deficit spending while poorly administering gov't functions. In addition I find it ironic that the last bank crisis came at the end of the Reagan/Bush administrations. Is Republican corruption responsible for corruption in private industry? I know that's a stretch but its incredibly coincidental that both crisis came after a GOPer has been power for a while. Could it be that banks/mortgagees known that Republicans won't be concerned with regulation? Maybe.

Look at China, the Arab states... they are building massive cities on our dime.

Yes but we are getting it bank in other ways. Companies like HURC and CDS provide business services that take the money back from China. Then there is Chinese Google.....granted BIDU has the upper hand.....but Google is hardly a wall flower once its gets a foothold. But your point is well taken.......esp. when it come to the oil. We might as well be wrapping US money in gift packages and sending it over to the Saudis. Really pisses me off!