Why US manufacturing and proper government regulation are essential for recovery...

[Richard Wright]

I agree100%.

However they do claim that. Look at most of the major donors to Republican campaigns(super PACS) during election time. Why do you think most of these corporations are sitting on billions of dollars not hiring? Because their Republican friends told them to go on vacation until the Obama term is over.

This economy is going down the toilet simply because the Republicans don't like the fact Obama is in office. once bama's presidency is over and the Republicans get in office you will see a total shift and lots of money being freed up.

Why?

Because most of the people who run national & multinational corporations are republicans.

But back to manufacturing. The wealth in this country is mainly controlled by ppl who are conservative or republican. The vast majority of conservatives preach how patriotic they are but when it comes to putting the words to action its a different story.

Judge men by their actions, not their words. I agree with you to an extent, but if people think there is money to be made they will make it. And wall street and silicon valley supported Obama financially more than anyone.

The economy is relatively healthy. Automation is not going away. After everyone got layed off in the recerssion the remaining workers picked up productivity without them, only to see their wages cut as well. We need to improve our infrastructure and tap into natural gas more(fracking ). There is still untapped potential in america though.
http://www.businessweek.com/article...can-find-5-million-jobs-and-2-trillion-in-gdp

 

[OsO]

I think it's more wall st than GOVT but whatever.

bro, of course wall street is to blame too. the only difference is i expect this out of wall street. i expect wall street to flip a profit any way it can irregardless of the harm it does to society.

i also expect the government to step in and regulate that behavior. thats the government's main function, to enforce rules/law and protect the people.

i also expect the government to step in and tell apple and these other tech companies that they need to bring these jobs back to american soil and pay a real wage for them, or they can expect significant financial consequences.

 

[OsO]

China Labor Watch (CLW), a New-York based non-profit, sent undercover investigators to work at three factories in and around Shanghai. Between them, the three sites employ some 70,000 people.

70,000 people... put those plants in detroit and thats enough jobs to revitalize that entire city.

Meanwhile, Pegatron has increasingly come under the spotlight as Apple gives it more orders to so that the iPhone maker’s can reduce its reliance on Hon Hai. Apart from mobile devices and Macs for Apple, Pegatron also makes products for several companies, including Dell, Microsoft and HP.

four of the top computer and technology companies are manufacturing in china... and people are wondering why our economy is going down the shytter

 

[theGoldmangod]

I think it's more wall st than GOVT but whatever.

Its not fukking wall st. After the bailout wall st became the entity to rally cry against, but wall street has a a very finite amount of jobs it creates. These companies on the other hand, are damn near limitless in their job creation potential. Wall st doesn't set these corporations long term business strategy or force them to set one that would only be conducive to short term gains, they do this on their own. Wall street doesn't incentive these multinational corporation's c level employees with short term gains that make them hoard money to drive up stock prices, they do that on their own.

Wall street just profits off the strategies of these businesses, it doesn't set shyt.

 

[Pimp]

Its not fukking wall st. After the bailout wall st became the entity to rally cry against, but wall street has a a very finite amount of jobs it creates. These companies on the other hand, are damn near limitless in their job creation potential. Wall st doesn't set these corporations long term business strategy or force them to set one that would only be conducive to short term gains, they do this on their own. Wall street doesn't incentive these multinational corporation's c level employees with short term gains that make them hoard money to drive up stock prices, they do that on their own.

Wall street just profits off the strategies of these businesses, it doesn't set shyt.

They put pressure on companies and the usual answer is "we're gonna move overseas, save money and that should save millions in the long run" I work in it. You can't blame the govt when the people don't care so why should they? People can boycott a kid getting shot but they can't boycott companies that make billions here but do all their manufacturing overseas. Sit back and wait on govt.. You gonna waiting a long time.

 

[theGoldmangod]

They put pressure on companies and the usual answer is "we're gonna move overseas, save money and that should save millions in the long run" I work in it. You can't blame the govt when the people don't care so why should they? People can boycott a kid getting shot but they can't boycott companies that make billions here but do all their manufacturing overseas. Sit back and wait on govt.. You gonna waiting a long time.

At the end of the day, wall st doesn't force companies to put shareholders first, second, and third on the priority list and put everything else on the backburner, including long term stability and sustainability (which would lead to jobs in the USA, considering American consumerism drives a lot of those profits they are hoarding to begin with).