what is the best way for America to create more jobs?

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wuliheron

Diamond Member
Feb 8, 2011
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Thats an interesting view. I suspect that there may be quite a bit of truth to it. Its time for a shakeup of the current business establishment.

Yeah, I don't mean destroy them altogether or even cut them off at the knees. Its no different really then regulating monopolies or whatever to ensure the markets remains competitive. In this case, the international community needs to produce new regulatory practices. Half the cargo ships out there are filled with counterfeit goods and a quarter of the world's billionaires are now drug cartels. Its the wild west out there with even the more respectable multinationals running roughshod over everyone. Letting them run wild is all good and well for developing new markets, but at some point they require regulation or the shit hits the fan. Guess what? The shit has hit the fan.
 
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rudder

Lifer
Nov 9, 2000
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Offer tax credits for businesses to hire more people. Because we all know businesses are in it to employ people... not to make money. And don't worry about the business then having to pass of the cost of the new employee onto customers... because it just won't happen.
 

wuliheron

Diamond Member
Feb 8, 2011
3,536
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Creative destruction? hmmm....

:hmm:

Stop exporting the damn things and build the foundation back. Middle and top collapses with the foundation being ripped out at the bottom. Free trade isn't free....nor is it fair.

You can't make an omelet without breaking some eggs. I don't literally mean destroy the multinationals, but all this crap of everyone out for themselves and allowing multinationals to do almost anything is absurd.
 

Hacp

Lifer
Jun 8, 2005
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I'm not so sure about that... China's economy is government run, and they're kicking our ass right now.

Then we should look at what China is doing right. Low regulation? Check. Cheap labor? Check. Unions? NOPE! 2/3rds of their budget going to social security and medicare? NO!
 

MagnusTheBrewer

IN MEMORIAM
Jun 19, 2004
24,122
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Outsourcing is a good economic idea. What we need to do is to make it profitable to manufacture things here.
Ah I see, it's not the open market system that's failed, it's American businesses that have failed the open market system. It all makes sense now. o_O
 

Engineer

Elite Member
Oct 9, 1999
39,230
701
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Then we should look at what China is doing right. Low regulation? Check. Cheap labor? Check. Unions? NOPE! 2/3rds of their budget going to social security and medicare? NO!

So you want to take us back to 3rd world status? I hope you're the first to have you pay cut to shreds and no benefits, and if you don't like it, starve. Will serve your stealing ass right.
 

Doppel

Lifer
Feb 5, 2011
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I'm not so sure about that... China's economy is government run, and they're kicking our ass right now.
You sure? China has a population several times that of the US and an economy several times smaller.

Sh*ty infrastructure? Check.
Terrible impact on environment? Check.
Low standard of health care? Check.
Other standards of living much lower? Check.

China sucks, it's a sh*t pile! They are growing quickly because they are starting from the bottom of the barrel.
 

Engineer

Elite Member
Oct 9, 1999
39,230
701
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You sure? China has a population several times that of the US and an economy several times smaller.

Sh*ty infrastructure? Check.
Terrible impact on environment? Check.
Low standard of health care? Check.
Other standards of living much lower? Check.

China sucks, it's a sh*t pile! They are growing quickly because they are starting from the bottom of the barrel.

and snot nosed leaching kids like Hacp want to take us to that level.
 

Hacp

Lifer
Jun 8, 2005
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and snot nosed leaching kids like Hacp want to take us to that level.

Ya sure China Crashed its high speed bullet train, but how many of those do we have to crash? Zero! China is advancing past us because of favorable business conditions in China. You either adapt or die. I want to adapt. You want to die.
 

Engineer

Elite Member
Oct 9, 1999
39,230
701
126
Ya sure China Crashed its high speed bullet train, but how many of those do we have to crash? Zero! China is advancing past us because of favorable business conditions in China. You either adapt or die. I want to adapt. You want to die.

You want to take the standard of living back to their level and for one, I hope you and your like are the ones first to arrive.
 

Infohawk

Lifer
Jan 12, 2002
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China is advancing past us because of favorable business conditions in China.

So you want to copy China? That means manipulating currencies and doing things like forcing foreign companies to take on a domestic "partner" who leeches IP and profits in return for doing nothing. China is not some libertarian utopia. You're view of China is naive and just wrong.
 

Hacp

Lifer
Jun 8, 2005
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So you want to copy China? That means manipulating currencies and doing things like forcing foreign companies to take on a domestic "partner" who leeches IP and profits in return for doing nothing. China is not some libertarian utopia. You're view of China is naive and just wrong.

My view of China is perfectly fine. It is an environment that is attractive to businesses. Meanwhile, the US environment is toxic to businesses.
 

MagnusTheBrewer

IN MEMORIAM
Jun 19, 2004
24,122
1,594
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My view of China is perfectly fine. It is an environment that is attractive to businesses. Meanwhile, the US environment is toxic to businesses.

"What`s good for Business is good for America," wasn't true in Calvin Coolidge's time and isn't true now. There are many more factors than ROI in a sound economy. You espouse the successes of China's economy but disregard the cost in human life, environment and, quality of life.
 

BoberFett

Lifer
Oct 9, 1999
37,562
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The economy is 2/3 consumer consumption. Change the outlook of consumers on the economy. If they feel that they won't lose their jobs, they're more likely to go out and spend money thus creating demand.

Consumer consumption as a basic for the economy is short-sighted and unsustainable. As technology and automation renders jobs obsolete and as resources become more scarce, people will need to learn to make do with less, so basing your economy on over-consumption is failure waiting to happen. The end game is a nearly fully service based economy, might as well get used to it.
 

Spikesoldier

Diamond Member
Oct 15, 2001
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an increase in the 'misery factor' that america has to be at to be competitive with china would be impossible without a revolt.
 

Craig234

Lifer
May 1, 2006
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Steps to create jobs:

Regulate the 'malefactors of great wealth' from siphoning trillions from our economy and using it against the people to siphon more - i.e., enact public interest finance regulation.

Better balance 'free trade' and 'protectionist' policies, recognizing that putting American workers in direct competition with Chinese workers to cut labor costs is not a good idea.

In the short term, use government stimulus - and then reduce the debt.
 

RbSX

Diamond Member
Jan 18, 2002
8,351
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Provide businesses a stable environment in which to invest their money.

What could be more unstable than the whim of a politician? Get their hands off, stop them from turning nobs, changing the rules, and outright creating a cluster !@#$. You must shrink government power / money / influence so as to restore free market influence.

A government run economy is inherently unstable and bad for jobs. Remove all their money and all their stimulus and let the cards finally fall into place like they are supposed to. Stop picking winners and losers with printed money and the economy can begin to heal.

Lowering the cost of doing business through devaluing the dollar.

American labour costs price it out of competition with so many countries, which limits the kind of productive jobs that bring money in from abroad.

The united states need to at least come in within ear shot of cheap labor.

Oh and people need to stop going to University and saddling themselves with hundreds of thousands of dollars in debt, and go into vocational training, which there usually is a serious shortage of.
 

PingviN

Golden Member
Nov 3, 2009
1,848
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Education. Focusing on innovation, administration, design and logistics instead of manufacturing. Making stuff will be done wherever it's cheapest to do so, either live with higher prices or take a drop in salaries. Can't have the cookie and eat it too.
 

Infohawk

Lifer
Jan 12, 2002
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Lowering the cost of doing business through devaluing the dollar.

American labour costs price it out of competition with so many countries, which limits the kind of productive jobs that bring money in from abroad.

The united states need to at least come in within ear shot of cheap labor.

Oh and people need to stop going to University and saddling themselves with hundreds of thousands of dollars in debt, and go into vocational training, which there usually is a serious shortage of.

You're not going to get cheap labor in the US unless we go back to 19th century standard of living. Is that what you want? Even passive Americans won't allow that to happen. (They've been passive precisely because the market made them relatively wealthy.) Europe and the US saw tons of growth in the second half of the 20th century without cheap labor.
 

Hacp

Lifer
Jun 8, 2005
13,923
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You're not going to get cheap labor in the US unless we go back to 19th century standard of living. Is that what you want? Even passive Americans won't allow that to happen. (They've been passive precisely because the market made them relatively wealthy.) Europe and the US saw tons of growth in the second half of the 20th century without cheap labor.

Then you'll constantly lose jobs. We can't pay people 30(60 if you count taxes and benefits) dollars an hour to work in the assembly line.
 

Infohawk

Lifer
Jan 12, 2002
17,844
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Then you'll constantly lose jobs. We can't pay people 30(60 if you count taxes and benefits) dollars an hour to work in the assembly line.

The US and Europe economy was great in the second half of the 20th century without cheap labor.
 

Hacp

Lifer
Jun 8, 2005
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The US and Europe economy was great in the second half of the 20th century without cheap labor.

Salaries constantly rise, the cost of benefits is constantly going up. Businesses can only take so much before they abandon ship and leave.

Lets say you want to start a business. A factory making widgets. Where would you rather start up shop? A factory in the US where you need spend 60 dollars an hour per person or a factory in China where you might need to pay a few bribes and deal with quality issues, but you'll only pay the workers 3-4 dollars an hour?