From one of my favorite sites, thisisbroken.com
No doubt, this is broken:
No doubt, this is broken:
This is Broken
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Kestas
Staff member
Yes, this is sad.
Like a Johnson Controls executive told the press, when he announced the massive layoff at Holland, MI - "If we don't outsource our manufacturing to lower-cost off-shore facilities, our competitors will and we'll lose the business. Either way, the jobs are lost."
Like a Johnson Controls executive told the press, when he announced the massive layoff at Holland, MI - "If we don't outsource our manufacturing to lower-cost off-shore facilities, our competitors will and we'll lose the business. Either way, the jobs are lost."
I wonder if this will ultimately bite the hands that feeds: Job is outsourced; lower pay job taken; no longer afford products/services outsourcing company offers.
Above model is too simplistic, yes. But a Corporations mandate is too make money ... if that happens to be at the cost of local jobs, so be it. Or so it appears.
What's the solution?
Above model is too simplistic, yes. But a Corporations mandate is too make money ... if that happens to be at the cost of local jobs, so be it. Or so it appears.
What's the solution?
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Looks like someone simply has the numbers backwards.
The NO should be the larger number, while the YES should be the smaller number assuming the trend on the previous pie charts is correct. Otherwise they have the pie sections of the chart wrong. Either way it's impossible to know which is correct without viewing the original article.
Kestas
Staff member
What is happening is we are approaching the world wage level and there's no way we can stop it. I've been telling people this for the past 15 years.
It's a painful process. Decades ago, it was the textile and garment industry. People accepted it because it was only one small sector of our economy. Now, nearly all of manufacturing is sent offshore.
What really hurts is that manufacturing is hit first. And people in manufacturing will suffer dearly because of the "lag effect". This means everyone in manufacturing will be depleted of their source of income and savings. Meanwhile, all other sectors, e.g., service industry, doctors, dentists, realtors, maintain their fees until the day comes that they realize they have no more clientele with money. Only then, will they reduce their rates.
I've already heard from dentists in the area how they are complaining about their clients losing insurance, or just don't have the money to maintain their dental health. Local hospitals are complaining about the massive loss of HMO coverage for the local population. They're besides themselves over how they're going to fund the hospitals in the future.
I don't see how a healthy and prosperous economy can be sustained without manufacturing. Tourism?
It's a painful process. Decades ago, it was the textile and garment industry. People accepted it because it was only one small sector of our economy. Now, nearly all of manufacturing is sent offshore.
What really hurts is that manufacturing is hit first. And people in manufacturing will suffer dearly because of the "lag effect". This means everyone in manufacturing will be depleted of their source of income and savings. Meanwhile, all other sectors, e.g., service industry, doctors, dentists, realtors, maintain their fees until the day comes that they realize they have no more clientele with money. Only then, will they reduce their rates.
I've already heard from dentists in the area how they are complaining about their clients losing insurance, or just don't have the money to maintain their dental health. Local hospitals are complaining about the massive loss of HMO coverage for the local population. They're besides themselves over how they're going to fund the hospitals in the future.
I don't see how a healthy and prosperous economy can be sustained without manufacturing. Tourism?
NAFTA was the key that unlocked the floodgates IMO. I really can't stand going to most stores and seeing "made in China" on nearly everything.
So we've become dependent upon China for our manufacturing needs.
The powers that be insist that we import oil and don't drill from our own resources (akin to not manufacturing our own stuff).
Ma & Pa shops are dying in record rates. Funny this story mentions Holland, MI...one of my favorite little towns. That mall on the east side of town sucked the lifeblood out of the downtown district. We see this happening in too many places nowadays.
Watching "Dirty Jobs" last night, Mike Rowe was at a ma & pa candy store in Pennsylvania. They made the chocolate/peanut butter cups BY HAND. My jaw dropped on the floor! When's the last time ANTYHING has been made by hand and not by some machine?
Sadly, we've outsourced our morality, too.
Seems like this country has been headed in many poisonous directions for many years. Where did this train fall off the tracks and how come it took so long for most people to notice?
So we've become dependent upon China for our manufacturing needs.
The powers that be insist that we import oil and don't drill from our own resources (akin to not manufacturing our own stuff).
Ma & Pa shops are dying in record rates. Funny this story mentions Holland, MI...one of my favorite little towns. That mall on the east side of town sucked the lifeblood out of the downtown district. We see this happening in too many places nowadays.
Watching "Dirty Jobs" last night, Mike Rowe was at a ma & pa candy store in Pennsylvania. They made the chocolate/peanut butter cups BY HAND. My jaw dropped on the floor! When's the last time ANTYHING has been made by hand and not by some machine?
Sadly, we've outsourced our morality, too.
Seems like this country has been headed in many poisonous directions for many years. Where did this train fall off the tracks and how come it took so long for most people to notice?
I'm proud to work for a company that brings home international money to the US! We design and build our custom products at our facility in NY. I'm in Sweden now, been here 7 weeks. We just landed a big (for us) contract with China. Also Taiwan, Australia, Germany. I know, certainly not enough money to offset the flood going to China.
I SO think that my generation (gen X) and younger is totally f'ed. I try to buy American whenever I can. I'll pay much more for something made in the U.S.A. I think we have to be willing to do that, either pay now (support US workers and their standard of living) or pay later (nobody has a job).
I SO think that my generation (gen X) and younger is totally f'ed. I try to buy American whenever I can. I'll pay much more for something made in the U.S.A. I think we have to be willing to do that, either pay now (support US workers and their standard of living) or pay later (nobody has a job).
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This was the failing of the statement "Don't worry!! There will be plenty of service jobs to take the place of the lost manufacturing jobs!"
Without manufacturing you're married to trickle down economics. Like wages cannot sustain like wages in the economy. If you're relying on trickle down ..then you HAVE to enter into a never ending spiral of decline ...since those who "trickle down" ONLY attain their means from the surrounding society. As the surrounding society decays/declines ..so does the amount "trickled down".
This is real simple folks. Add to that the various public sectors that have a captive audience...the medical sector that's, for the most part, publically funded (or to an ever increasing degree) and you've got a channeling of resources that's only going to make things worse.
Most of you just can't fathom how low "low" can get.
I'm always compelled to remind you of the news clip of post US occupied Vietnam ..where that village chieftan was interviewed and assured the journalist that he was a very wealthy man ..as he proudly displayed his disfunctional Citreon (or was it a Pukeout?).
No one believed that they were being marched to the chambers either
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