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Originally Posted by Genonfire
The greedy CEO's, owners and shareholders in combination of past government policies has led to most jobs leaving the country.
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Yes, and I'm absolutely certain the Philadelphia Church of God is qualified to render opinions on the matter.
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Originally Posted by NJBest
I was estimating. I have no idea how much "made in china/malaysia/indonesia/etc" jeans really cost.
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$0.13 per pair. T-shirts are cheaper.
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Originally Posted by hnsq
I am not sure what you mean when you say wages have been 'suppressed'.
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He isn't sure either.
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Originally Posted by hnsq
Wages are only 'suppressed' for people who refuse to learn new skills.
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That isn't quite true. National Sugar suppressed wages in Cuba. They were paying their sugar cane field workers in Honduras, Guatemala and Nicaragua $0.90 per day for a 10-hour day and the production workers were getting $3.50/hr to $4.50/hr.
But, National Sugar would only pay Cuban field workers $0.30 per day for a 10-hour day (but they paid the production workers the same rates as those in Honduras, Guatemala and Nicaragua).
That, and the fact that National Sugar refused to pay taxes owed is the reason Castro expropriated their assets. And that is the reason the US tried repeatedly but unsuccessfully to assassinate Castro.
US oil companies also suppressed wages in Mexico.
They refused to pay workers comparable wages to US workers. These workers were engineers, managers, supervisors and other highly skilled technicians and lab workers.
Effectively, they were the "white" Mexicans, the ones of European ancestry who held degrees from US and European universities, not the Native American Mexicans.
They sued and won in Mexican courts, and the case was appealed to the Mexican Supreme Court.
The refusal of the US oil companies to comply with the orders of the Mexican Supreme Court, plus the refusal of the US oil companies to pay back taxes owed (after being ordered by the Mexican Supreme Court to pay such taxes) is the reason President Cardenas expropriated all the assets of US oil companies in Mexico and why they are nationalized now.
Big Oil, of course, wanted to invade Mexico and seize the oil fields, but WW II was looming and FDR wisely decided not to invade, not to mention that most of the senior military staff was opposed to tying up 3-4 army divisions, plus marine divisions and a naval task force. The chances of a revolution by the Native American Mexicans also complicated matters and the military did not want to embroiled in a coup and a revolution.
Quote:
Originally Posted by NJBest
Just for the purpose of being accurate when quoting prices in this forum?
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$0.13 per pair. That's what the GAP pays. It costs the GAP $0.117 per carton (12 jeans to a carton) to receive, stock, pick and pack for shipment to GAP Brand stores.
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Originally Posted by sickofnyc
Minmum wage jobs at Walmart and since education is being defunded to the max, how can the youth compete with countires that are focusing on education?
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That is contradictory. The rest of the world spends far less but turns out better educated students, which must be completely embarrassing.
Having been a shift supervisor at a meat-packing plant, I can kind of see why Blacks got upset when Africans from Ghana and Senegal who were educated in shacks without electricity or computers or text books come to the US fluently speaking 3-6 languages and being proficient in math and science and take over all the high-paying line jobs in the plant.
I remember I promoted a Senagalese to line leader and the Blacks were frothing at the mouth because he had "just got off the boat."
Yeah, but he could do multiplication and division, correctly, and he could speak, read and write German, which was quite helpful since the packaging machine was made in Germany and the instructions on the computer screen were in German and English and so were the operations manuals, plus he could write all of the end-of-shift production reports in English and spell all the words correctly and his writing was coherent.
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Originally Posted by theunbrainwashed
No. It was free trade policies, FTZs, low tariffs for select nations, etc. that led to the destruction of our manufacturing base.
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Your manufacturing base was history free-trade agreements or not. You simply cannot compete in a global environment.
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Originally Posted by GregW
I must confess to being an inadequate consumer.
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And an inadequate economist.
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Originally Posted by GregW
Even with these frugalities we are still losing purchasing power to the monopoly fuel prices and everything that uses fuel.
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Then what incredible foresight you had to spend $TRILLIONS in tax dollars building interstate highways and lots and lots of suburbs with McMansions, without any possible means of implementing mass transit in the event of any crisis or other major problems that might arise.
Quote:
Originally Posted by GregW
These policies only benefit the owners of the wealth and resources, foreign and domestic, while eliminating the prosperity previously enjoyed by most of us.
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The prosperity that you had was all smoke and mirrors.
You could that prosperity not only refusing to develop 3rd and 4th World Countries, but also by installing puppet dictators to do your bidding and ensure that they could not develop.
So long as no countries on Earth develop, you don't have any competition.
Once other countries began developing, you were forced to be competitive, and that requires that your wages decline.
Quote:
Originally Posted by GregW
We do not need a small change we need a Populist Revolution.
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That wouldn't help. What would help is starting the draft, increasing the size of the military to 6 Million and start invading countries, removing the government and installing dictators to suppress growth and development in those countries.
Quote:
Originally Posted by BruSan
"You wanna sell to our 350 million consumers
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But that is only 4.5% of the global market.
The rest of the world is 6.5 Billion consumers.
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