Edit post

Edit your reply below.

Post Body
Enter your post below.
[quote]QUOTE: Originally posted by ney1815 Its gonna get worst..and I will tell you why... If you go to any of the stock forums, for example Yahoo, Motley Fool etc. and bring up this same subject, you get flamed. Why? Because, the majority of American Investors who have money, i.e. Doctors, Lawyers, Dentists, executives, etc etc etc...and even some middle class folks who invest, but are employed in sectors not being outsourced, only care about their stock prices. We Americans are greedy SOB's and we dont care who loses their job, as long as our stock portfolios and mutual funds go up. If we Americans did care we souldl have banded together the way citizens of other countries band together to BOYCOTT our products. I for one, refuse to buy or do business with the following corporations who are sending our jobs to India. 1) HP 2) Oracle 3) EDS 4) GM 5) Crysler 6) Shell 7) Associated Press In fact, I am going to start checking labels...NO MORE CHINA, INDIA, MALAYSIA. U.S. goods only! [/quote] WHile its all well and good to say you won't buy non-American products, I'm thinking you may have trouble buying much. Almost everything these days is global to some extent. Frankly, as much as I want to have industries to serve, the job can be done cheaper and many times better elsewhere or partially here and partially elsewhere. Just try to find a car where all parts and assembly are done in the US. It won't happen. Last time I had such a car I had to sue to get it fixed. Chinese goods will increase in quality just as Japanese goods did in the 60s, 70s and 80s. Get ready for Chinese cars. They are coming. What about American jobs? Well, we here in the US need to figure out how to get our governments (State, Federal and local) working together to keep and encourage industry. Right now, there are many places in our country where it is impossible to conduct a business requiring more than 15 employees. One BIG reason for this are costs such as Worker's Compensation laws and rules, insurance costs and various unfriendly taxes. A lot of places have the NIMBY attitude on what they want in their community and structure themselves to be as unfriendly as possible to anything with a smokestack. Our infrastructure needs help, especially rail, but highways and air too. Those interstates are well beyond their as built 25-30 year life and the bridges show it. Other countries have coordinated efforts to keep industry modern through government finance and tax incentives as well as favorable tariffs for import and export. We need to get with the program or get left in the cold. Do I want my job, sure, but without all of this pulling together, complaining about the cost of tea in China won't make any difference. Boycotts won't either. LC
Tags (Optional)
Tags are keywords that get attached to your post. They are used to categorize your submission and make it easier to search for. To add tags to your post type a tag into the box below and click the "Add Tag" button.
Add Tag