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originally posted by: onequestion
it seemed to be working fine when people had the money to spend.
originally posted by: onequestion
When the giant mega corps decided to go public and buy out all the competition we began seeing wages decline and jobs move overseas.
originally posted by: onequestion
These aren't the only sectors of the economy this effects these people retrain for different jobs and further devalue the rest of the market.
originally posted by: OccamsRazor04
a reply to: Willtell
My friend works at IBM they are shipping tons of IT jobs to India. He does IT and his job is safe only because he works with a product almost no one at IBM understands.
originally posted by: Konduit
You obviously don't know how economics really works.
originally posted by: Konduit
The only reason it is cheaper to manufacture overseas is because countries like China purposely (and often illegally) devalue their own currency to make it cheaper and steal jobs from other countries.
originally posted by: Konduit
And the only reason they can get away with this is because the US doesn't charge tariffs on the goods they are shipping back into the country. You can thank lobbyists and special interest groups for that.
originally posted by: Konduit
Do you know why Harley-Davidson still exists? Because Ronald Reagan Put a 45% Tariff on Motorcycles Coming Into the US.
the motorcycles imported from Japan were mostly medium-weight bikes in the 700 to 850 cc range, that consumers realized that they were not substitutes for Harleys, and that anyway they were never directly competing with H-D products before 1983. 2- that Harley saved itself when it was bought by its management team and began operating independently of AMF in 1981. After H-D was bought back, the company quickly overhauled its styles, spent more on research and development to create new and more reliable models and strengthened its marketing and distribution channels. In the critics view, these managerial efforts that began in 1981, not the import relief, had much to do with Harley turnaround. That it was mere coincidence that it happened during the same period tariffs were in place - See more at: cyrilhuzeblog.com... 8uBEwF2.dpuf
originally posted by: Konduit
Trump is the only candidate promising to do the same thing with companies like Ford, Nabisco and Carrier Air Conditioner... essentially forcing them to either bring production back into the country or face a heavy tax (35%) which negates the profit they make from slave labor countries.
originally posted by: TaleDawn
The manufacturing job losses are mainly due because we are entering into the information era. So this was bound to happen eventually.
You replace humans with machines on the front and this what happens. The more tech grows the more Human jobs would be lost.
originally posted by: Willtell
Thank the politicians in Washington for being bribed and lobbied by the corporate pigs who want to move their operations into slave wage countries and deprive the American worker of economic stability at the expense of their, 20, 30 and 40 million dollar a year salaries…with perks!
That’s it, that’s the sole reason for this con job led in this case by Bill Sleazyball Clinton aided and abetted by the Republican congress.
Now Obama is double downing on the future destruction of the American middleclass with TPP.
And the only champions of getting rid of this are, Donald Trump and Bernie, two unelectable candidates.
When the giant mega corps decided to go public and buy out all the competition we began seeing wages decline and jobs move overseas.
These aren't the only sectors of the economy this effects these people retrain for different jobs and further devalue the rest of the market.
Thanks and I have no choice. The first ten years of my adult life were dedicated to a sport that i can't do and now I'm in a position of having to determine my future and the options are very very bleak
originally posted by: onequestion
a reply to: Aazadan
It means he makes more than 74 million working people.