Originally posted by johngrissom

Originally posted by MordanECU
johngrissom, thank you for further proving the point that the American public has no clue how the Economy works.....anyone who thought things would turn around no matter if Obama or McCain won lives in a fantasy world.....I look forward to the next 2 years, and hope that our Economy improves, all that can be done now is the laying of foundation....trips like the one he just took to India are a good start.

15.3 million are unemployed as we debate this is good or not...if people in the united states can have an opportunity to receive these jobs then 14 million people will still be unemployed. which is still practically nothing because its like a .6% increase in jobs done in 2 years give or take the jobs that were increased in previous months. a .6% increase is nothing...compared to the losses that are still happening. we need a "profit."

the united states fixed the great depression with the programs that in turn caused the current downfall. then we got a huge stimulus bill that cause the printing of more money...which devalues any money system.

the only way we gain a "profit" is dumping these programs that gave out free money, caused people to be ignorant with their money...which started a domino effect.

this trip to india was an expensive trip for a very very small gain. united states could have used this money to START jobs or increase the salary of the jobs who receive tax payer money. now im not saying that it cost $200 million a day but this is not the only trip he has taken during his presidency that cost money. plus not to mention the fact why is our government looking for economic and job fixes in india? why not china or the European union?

what we need is someone who doesnt need to rely on their advisors all the time to solves problems.
someone who appealed to me the most is ron paul...he knows his stuff. he is always researching current trends of the fluctuations.

so if we want things fixed...in my opinion its him.

and yes i have takin an ECON class...

Well we agree on something, Ron Paul is great, thats about where the agreeing stopped.

"15.3 million are unemployed as we debate this is good or not...if people in the united states can have an opportunity to receive these jobs then 14 million people will still be unemployed. which is still practically nothing because its like a .6% increase in jobs done in 2 years give or take the jobs that were increased in previous months. a .6% increase is nothing...compared to the losses that are still happening. we need a "profit.""

"this trip to india was an expensive trip for a very very small gain. united states could have used this money to START jobs or increase the salary of the jobs who receive tax payer money. now im not saying that it cost $200 million a day but this is not the only trip he has taken during his presidency that cost money. plus not to mention the fact why is our government looking for economic and job fixes in india? why not china or the European union? "

These paragraphs further my points. The gain of adding the #1 Emerging Economy in the World is well worth whatever cost we paid (cost of this trip is very disputable). You have to see the benifits of developing great relations/esp trade relations with this country. If not I suggest you do research on this country, you wouldn't be calling for China or EU. India will be a world leader in the future, that is common knowledge among Economists world wide, and I couldn't applaud Obama more for having the foresight to get us in early "while the pickens are still good" for lack of a better phrase.

I also find it interesting that your talking about his other trips, when it was clear through polling that Americans thought we needed to improve our Foreign Relations/Image in a major way after the Bush Era. Obama did this right away, and is one of the few highlights of his short Presidency so far. Just him being elected received praise from many countries, and boosted our approval rating as a country worldwide, this was an issue that desperately needed to be addressed and he has done that.

Lastly, your .6% number is nothing but pure conjecture, along with the rest of that paragraph. Improvement is improvement, we will not come out of this fast (in a decade if we are lucky) and small steps such as this one are a necessity. Further "we need profit" is another example of your lack of understanding basic economics, simple growth feeds future growth, that is just a fact, ignoring that fact and instead going for the whole piece of the pie is what landed us in the situation in the first place.

According to the American Community Survey of the U.S. Census Bureau, the Asian Indian population in the U.S. grew to 2,570,000 in 2007. Count these people working here and all of the outsourced jobs to India and that means Obama has a long way to go to help Americans.

There's been a lot of globalism about lately!

Whilst Obama has been flirting in India, the UK is preparing for a jolly, oops! trade mission to China, with contracts to export live pigs and improve urban infrastructure already in place and a deal has been struck between Brussels and India for up to 50,000 Indian high-tech industry workers to take jobs in Europe.

And the cost of all this? Billions? Guaranteed by what? Gold? Or is it all funded by loans, money that only actually exists in the counting rooms but upon which the interest has already been calculated and the bonuses paid?

"You have to see the benifits of developing great relations/esp trade relations with this country. If not I suggest you do research on this country, you wouldn't be calling for China or EU. India will be a world leader in the future, that is common knowledge among Economists world wide, and I couldn't applaud Obama more for having the foresight to get us in early "while the pickens are still good" for lack of a better phrase."

Thats why India is lower than us in GDP while China is #1 and EU is second by GDP.
And with the way the economy is falling world wide...the ranks aint gonna be changing that much

"through polling that Americans thought we needed to improve our Foreign Relations/Image"

I love the fact that you contradict yourself and call American's ignorant and then agree with them on Obama furthering relations with India...

"elected received praise from many countries, and boosted our approval rating as a country worldwide"
Thats what the media told you...back when he was being elected, I was only working 20 hours and stayed up all mourning. So I know by talking to a lot of people in foreign countries that he is not liked. So where you are getting that info is your personal opinion. Which further proves my point that opinions get in the way of fact. Plus not the mention the fact that one man isnt going to change the way countries do trading with us.

The whole world is hurting breh...that hurts trading because the man power, building the cargo, transporting, shipping...is a lot more expensive than you think. Thats fact because thats my job.

"your .6% number is nothing but pure conjecture, along with the rest of that paragraph. Improvement is improvement"

Conjecture? Sounds more like personal opinion to me and not to mention the fact that those numbers came from the current actual numbers. So being pure speculation is a false statement.

Yes, improvement is always good but doesnt solve anything. Just because a football player shows very small improvement...doesnt mean he is gonna be the start quarterback or even become 2nd string.

"Further "we need profit" is another example of your lack of understanding basic economics, simple growth feeds future growth, that is just a fact, ignoring that fact and instead going for the whole piece of the pie"

No...thats again your personal opinion. Simple growth doesnt always feed any growth because unless you keep that growth growing(profit) this whole little 56,000 jobs isnt even a dent in growth and to include the fact that "supposedly" in October there was an increase of 151,000 jobs. Thats a 100,000 more jobs than this whole uneventful India trip. Nobody thought that was very great but once something hits the MEDIA...just about every person thinks its the best thing since sliced cheese. And who mentioned anything about going for the whole piece of the pie? Just because one game is won doesnt mean we already have the superbowl trophy.
Now thats basic economics.

So since you think you are an economic god...you would know that if we dont find a positive growth for the jobs and the economy in the next 5 years we will see economic collapse or a world wide curreny. These little gains are not gonna guarantee to fix anything. Plus how are American's gonna receive these jobs...Go to India?
If they dont have any money then how are they gonna get there?

So it's come to this, India is now outsourcing jobs back to the US. Now we'll have to learn to speak with an Indian accent while answering the DELL hotline. Great!

India isn't outsourcing. It is purchasing items which will be manufactured in American soil. The US on the other hand is still trying to outsource. Companies such as Wal-Mart are hoping to open up stores in India and tap into the vast and exponentially increasing demand of the Indian middle-class. there really has not been much agreed to other than the 10 bil$ deal and plenty more expectations to be met. the reason why Obama is talking about getting Indians to America is because Indians are indoctrinated into a highly competitive school system from day one at kindergarten and the school system is tailored towards producing scholars in economics, medicine, or engineering, of course with little off shoots like IT, which India is stereotyped for nowadays. do you remember learning how to solve linear equations in 4th grade? me neither, because i learned it in 6th and forgot it in 9th. That is assuredly not the case for Indian students. They call these fields "streams" in India. The US wants to build an aqueduct to channel the highly competitive and successful products of these streams to America because they have a higher potential for success and a greater capacity for integrity in their work unlike our current elite and general populace who have no value for their education or work, only for the money. programs in America that encourage drop outs to reject they are failures and programs that give you shelter and food when you are homeless and unemployed are reasons why the US falls short for itself. no one can be self-reliant. no one in the states is truly independent. people don't have to worry about survival in the States, because the government won't let them die, yet. Here in India, if you don't succeed, you really will die miserably. you will live like a rat, whereas in the US you will live like a panda, eating, sleeping, mating, eating, sleeping.