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brianiscool

join:2000-08-16
Tampa, FL
kudos:1

Falling Behind

What happened to the days when the USA owned 100% ownership. We need to stop sharing our technolgies and inventions. This will stunt the growth overseas and allow us to catch up in technology. Also we need to make USA products only and make the price cheaper just for Americans. Stop exporting and just work on our own country.


thegeek
Premium
join:2008-02-21
right here
kudos:2

Yes, because that works so well for North Korea.



Simba7
I Void Warranties

join:2003-03-24
Billings, MT

reply to brianiscool

said by brianiscool:

What happened to the days when the USA owned 100% ownership. We need to stop sharing our technolgies and inventions. This will stunt the growth overseas and allow us to catch up in technology. Also we need to make USA products only and make the price cheaper just for Americans. Stop exporting and just work on our own country.

Good luck with that happening. We'd actually have to build here in the U.S. but that would reduce their profits.. and I highly doubt the investors would let that happen.

Mmmmm.. Profits!
--
Bresnan 30M/5M | CenturyLink 5M/896K
MyWS[PnmIIX3@3.2G,8G RAM,500G+1.5T+2T HDDs,Win7]
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tshirt
Premium,MVM
join:2004-07-11
Snohomish, WA
kudos:3
Reviews:
·Comcast

reply to brianiscool
Better yet, Americans need to INVEST in AMERICA.
Stop wasting every paycheck on worthless foo-foo toys, and begin a savings program based on MADE HERE.
Buy US bonds, buy US companies, buy US products.

Every other developed nation has higher taxes, higher savings, and better ownership rates.


bgraham

join:2001-03-15
Smithtown, NY
Reviews:
·VOIPo
·Verizon VoiceWing

said by tshirt:

Better yet, Americans need to INVEST in AMERICA.
Stop wasting every paycheck on worthless foo-foo toys, and begin a savings program based on MADE HERE.
Buy US bonds, buy US companies, buy US products.

Every other developed nation has higher taxes, higher savings, and better ownership rates.

Years ago US corporations in their greed, decided that they could make more money short term by outsourcing manufacturing and engineering to third world placed like China and India. Well, now those places are the manufacturing and engineering experts of the world. They outshine the US in manufacturing, plus they have a lot of our $'s to develop their markets even further within the US.

If the US continues to give vast amounts of our money to overseas manufacturers and the foreign oil imports, there will be nothing left.

Sammer

join:2005-12-22
Canonsburg, PA

reply to tshirt

said by tshirt:

Better yet, Americans need to INVEST in AMERICA.

What is patriotic about investing in corporations with short sighted management that only cares about short term profits? There was a time when American corporations invested long term in our country and American statesmen (not politicians) cared more about making our future better rather than just winning the next election but where is such leadership today? If there was real INVESTMENT in AMERICA we would now be talking about how fiber optic communications would be brought to over 85% of U.S. homes the same way bringing high speed highways to America was talked about in the 1950s.

axus

join:2001-06-18
Washington, DC

Yep, it seems like the best thing you can for your country these days is build your own business and retain enough control to ethically run it.



maartena
Elmo
Premium
join:2002-05-10
Orange, CA
kudos:1

reply to tshirt

said by tshirt:

Better yet, Americans need to INVEST in AMERICA.
Stop wasting every paycheck on worthless foo-foo toys, and begin a savings program based on MADE HERE.
Buy US bonds, buy US companies, buy US products.

Every other developed nation has higher taxes, higher savings, and better ownership rates.

Tell that to a family that needs to feed and clothe 3 children, and can spend $150 at made-in-China clothes in a Walmart as opposed to (probably) double that for American made clothes.

There really is only 1 way to stop this, and there has been only 1 successtory so far. Impose a hefty import tax on imports that will offset the production costs so that American manufacturers have a chance to compete against China and other nations that pay their workers $0.25 an hour.

It works: In the mid-nineties congress passed a hefty tax on automobiles imported to the United States because it felt American car manufacturers had a disadvantage. And what happened? Toyota, Hyundai, and others started building plants IN the United States, providing jobs and money to Americans. My Hyundai Santa Fe? Made in ALABAMA, USA by AMERICAN workers! It got manufacturing jobs BACK to the United States. And South-Korean and Japanese workers were paid MUCH less than the United States workers, yet the price of the automobiles did not drastically increase. They do after all eliminate the need for cross-ocean shipping.

This will probably not work for most products, but will work for luxury items such as electronics (iPhones, televisions, computers) and things like tools, metal/steel items, construction equipment, etc, etc.

Additionally, I have NO problems with Canada, the EU, Australia to be exempt from these kinds of import taxes as they already compete at somewhat of a same level.

On top of that, I would not impose this tax to MEXICO, but I would ENCOURAGE companies to build factories there. The only way our border problems and illegal immigration issues can be solved is by providing ample work in Mexico itself and growing their economy. I would much rather buy an item that says "Made in Mexico" than "Made in China".

Grow North America as a whole. MUCH better for all regional economies.
--
"I reject your reality and substitute my own!"


tshirt
Premium,MVM
join:2004-07-11
Snohomish, WA
kudos:3
Reviews:
·Comcast

reply to Sammer
And where do you think the investment money should come from?
If Americans will no longer scrimp and save and invest in companies doing the right thing, those companies are driven to increase short term value to bring in the cash and credit to invest and that money now comes from overseas, BECAUSE of the higher return and better stability of the US.
Deciding to lockup huge amounts a capital in a nationwide fiber network is a political decision, a choice to provide real, long term incentive, to own it and profit from it.
Yes short term thinking is a corporate problem, but it started at the political and social levels first..i.e. too many Americans got fat and lazy, and expected every toy and gadget handed to them on the first day of out of school AND to pay less and less for it.
Until people CHOOSE to forgo instant gradification and instead Invest LONGTERM, companies will have no choice but to continue to follow the shorterm/whim of the day money market.



tshirt
Premium,MVM
join:2004-07-11
Snohomish, WA
kudos:3
Reviews:
·Comcast

reply to maartena
I agree with most of what you wrote.
Americans are the MOST efficient at complex assembly in the world. tariffs should protect against unfair business and gov't practices (hard to separete the 2 in many places) like chinese currency manipulation.
However some simple tasks can no longer be done efficiently or affordable here.
The choice to go to Walmart/megamart rather than support the local shop is the same choice as corporations going for lowest cost locations rather than keeping the local factory open.

The short term low price doesn't keep the neighbors employed or the neighbor buying your widgets so that you can pay your local workers who buys what your neighbor makes.
and maybe the local stuff costs a little more, but the total value may be better, and you can survive without the extra toys you would have spent the rest on, at least for a while.

Down at the grassroots, YOU can effect the world economy.


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