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Aquila King

Real reason why manufacturing jobs disappear

56 posts in this topic

Posted (edited)

yea, i'm sure they still exist in usa, Asian immigrants are working for decades to pay off the debt to smugglers. who are also Asians,.  however in USA it is not legal, in Asia, it is. 

Edited by aztek

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On 9/17/2017 at 7:51 AM, Agent0range said:

Well, taxes aren't, and haven't been going up, so that's cool with me.  As long as I can still get a cheap TV down at the wal-mart..I'm a happy camper.

That's about to change in case you haven't heard the fed is cutting off the quantitative easing they implemented after the 2008 crash and will now be expecting us to pay off some the trillions that we owe.  Get ready for some tough times people the government will soon be taxing us to death and social programs will by necessity be slashed.  All of these socialists are about to get a first hand education demonstrating exactly why the excessive spending by the US government and the supposedly free stuff (healthcare, educations, housing, food) is not really free.  Tough times ahead people.  Hopefully this will reawaken some of the dormant self reliance and toughness that made America what is was and what it should be.  Time to shrink the government, and if it refuses to get itself under control time to do what made this place what it was and get a new government that has the interests of it's citizens in mind rather than it's own bloated existence.

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On ‎15‎/‎09‎/‎2017 at 8:01 PM, Aquila King said:

(Forgive me, I usually don't like to post videos as the main focus of the OP, but I felt it best in this case)

Border and logistics specialist Augie Picado just gave us a reality check about what global trade really looks like, and dispels the rumors that immigrants are ..."taking our jobs."

Watch him explain it all in this TED Talk: The Real Reason why Manufacturing Jobs are Disappearing

Firms compete by offering the cheapest, or most advanced, or highest quality products and services. There are exceptions such as when they own rare, limited, or unique resources or when a firm has a monopoly on expert knowledge.

As the developing world has lower labour costs then they find it easier to compete by being the cheapest. In developed nations we compete using some of the other approaches instead. For instance the City of London competes using expert knowledge in the banking and finance sectors.

The best deal for the consumer always comes first so globalisation, even if it gets rid of our firms trying to be the cheapest, ultimately benefits the end person buying the product or service. Its always why free trade agreements are a bad idea. Countries need to focus on what they do best not buffer their businesses from being out-competed. That way its the consumer who wins.

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Let's let the Honorable Judge Jed S. Rakoff of Federal District Court in Manhattan, tell it like it is ...
 

 
Quote

 

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Oct 27, 2011 - Judge Jed S. Rakoff of the Federal District Court in Manhattan, who has ... The S.E.C. accused Citigroup of misleading its customers in selling ...
~

Nov 28, 2011 - Judge Jed S. Rakoff of Federal District Court in Manhattan. ... This time, he turned down the S.E.C.'s accord with Citigroup over the bank's sale ...

~

Why Judge Rakoff Was Right to Block the Citigroup Settlement | The ...

Nov 29, 2011 - Why Judge Rakoff Was Right to Block the Citigroup Settlement ... of toxic mortgage securities, Judge Jed S. Rakoff, of the U.S. District Court, did ...

 

 

But then again ...

Quote

 

~

Judge Rakoff Says 2011 S.E.C. Deal With Citigroup Can Close - The ...

Aug 5, 2014 - Judge Jed S. Rakoff of Federal District Court in Manhattan, who initially rejected the $285 million settlement as “pocket change to any entity as ...
~

U.S. judge reluctantly approves SEC-Citigroup $285 million deal

www.reuters.com/article/us-citigroup-sec-idUSKBN0G51OC20140805

Aug 5, 2014 - U.S. District Judge Jed Rakoff said he had little choice but to approve the deal, which did not require the bank to admit to any wrongdoing.

~

The Untold Story of Why Judge Jed Rakoff Took on the SEC's Shady ...

wallstreetonparade.com/.../the-untold-story-of-why-judge-jed-rakoff-took-on-the-sec’...

Jun 9, 2014 - U.S. District Court Judge, Jed Rakoff, of the Southern District of New ... For starters in the SEC v Citigroup case, Rakoff was not a lone voice in ...

~

 

... and I quote :

" Last week, three Federal appellate judges with lifetime appointments, meaning they will be receiving salary and benefits for as long as they choose on the taxpayer’s dime and then a nice, fat, secure pension also courtesy of the taxpayer, ruled that the very same public that makes their own existence so cushy is not entitled to truth or facts or justice when it comes to Wall Street. Truth, facts, justice are quaint relics of a bygone American past. Today, when it comes to Wall Street, Federal judges are simply there to rubber stamp the settlements of captured regulators and then quickly re-ink the stamp for the next shady settlement. "

:huh:

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22 hours ago, Tatetopa said:

The skill requirements for existing jobs is changing and technical skills are at a premium, There are also many openings in the trades.  I was listening to a Mike Rowe program about a woman in Portland Oregon.  She is a carpenter and is working hard to get more women in the construction trades.  She has camps for girls teaching basic skills in building and tool handling.  With a couple of other instructors she teaches  trade classes and helps place women in trades.

I wonder if there are as many jobs needed to maintain society as there were in the past?

I think the future will need to be different.  Over the last 150 years labor has been aggregated into massive organizations:  steel mills, railroads, auto plants and all of the support functions.  Those kind of organizations thrived on major divisions of skill and labor with a myriad of repetitive low skill jobs.  Our society was based on that need, our schools and social institutions were designed to pump workers into that system.  Times have changed more quickly than society.  We can't keep doing what we have in the past and be successful either as individuals or a society.  The so-called gig model doesn't seem to be the answer.  Desperate people competing for low hour, low wage jobs with no benefits is not the formula for prosperity.

Learning a trade can be beneficial beyond just a middle class income. Interaction with workers from other trades over time builds a useful social network of friends/contacts when something occurs outside your comfort zone in DIY home repairs. 

I am not sure I agree with the public schools are slated to pump out factory workers comment. Public schools all have a curriculum that allow students to take college preparatory classes. If the parents/culture only push their kids "to graduate and get a job" that is not the fault of the school. Education starts at home and if the child's home environment does not encourage them to strive for academic excellence then exactly how much more can the school do? 

I agree a large number of desperate people competing for low wage/part time jobs is not a recipe for success. But the reason many of those jobs are all able to be offered as low wage/part time is because our society starting at the family and community level do not emphasize how important education is to kids.

 

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9 hours ago, OverSword said:

hat's about to change in case you haven't heard the fed is cutting off the quantitative easing they implemented after the 2008 crash and will now be expecting us to pay off some the trillions that we owe.  Get ready for some tough times people the government will soon be taxing us to death and social programs will by necessity be slashed.  All of these socialists are about to get a first hand education demonstrating exactly why the excessive spending by the US government and the supposedly free stuff (healthcare, educations, housing, food) is not really free.  Tough times ahead people.  Hopefully this will reawaken some of the dormant self reliance and toughness that made America what is was and what it should be.  Time to shrink the government, and if it refuses to get itself under control time to do what made this place what it was and get a new government that has the interests of it's citizens in mind rather than it's own bloated existence.

 

That might be bearable if all participated in the tough times.  If we cut social programs and pay up the debt, well and good.  Quite understandable. If we turn the money into tax breaks for the upper echelons of society it is just another redistribution of wealth from the poor and middle class to the elites with no improvement in the debt situation.  In the old days, it was the Sheriff of Nottingham. Is it Paul Ryan and Mitch McConnell today?

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