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one theory on Jobs
I didn't write it I just came across it.
I don't say that it's acurate. I can't
think of any more disclaimers, thought it
was interesting as to where our tractor
manufactures went.
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one theory on Jobs
An interesting perspective, Grinder.
There have been several comparisons of America's economy to that of 'Third-World' countries, especially as to the importing of finished products, and the shift from a manufacturing to a 'service based' economy.
One effect of inexpensive imports has been an overall steep decline in quality, especially in clothing. In smaller towns it is impossible to buy a USA manufactured outfit(shoes, socks,pants,shirt,underwear) and the imported stuff sheds buttons, zippers break, seams unravel, eyelets and soles of the shoes come loose. In the meantime the importer, distributor and retailer make hefty profits, so an item that originally costs 10% of a US manufactured one sells for 50-80% of the 'quality' price.
Sorry for the rant, but I get so pissed-off listening to the politicians, economists, and businessmen praising globalization and free trade while Americans lose good wages, benefits, and in some cases even the option to quality!
bliz
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one theory on Jobs
I am afraid I am guilty of some of the rants on this subject over the years. The last I looked the trade deficit was running at 400 billion/year. Simple economic states that to buy the goods we must sell something to the world. A US dollar is only wall paper without its ability to buy something. What is the foriegner buying? He has to buy part of the country.
To put it into prospective. A large company is basicly worth one times its yearly sales. Therefore the largest companies in the US (GE)which is really an international company is worth about 200 billion.
We are therefore selling about two GE's per year to supply our needs for cheap goods.
When we sell the country to a communist what happens? Well recently an electric heating element manufacturer in AL was sold to the Chinese. The employees got their pink slips in January. A furniture company sold to Chinese two years ago in MS with the same results.
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one theory on Jobs
Bliz,
I don't have a problem with free trade,it's the fair trade
that is the problem.(IMHO)
Can't sell our goods to someone making $2.00 bucks a day and
no benefits.
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one theory on Jobs
As I lay around the house recovering from back surgery I realize how fortunate my wife and I are, to be American, to be employed, and to be insured. Yet, all of the "good" benefits hang in a precarious balance of job security. As an aerospace engineer I've recently watched as a significant portion of my life's work went into the trash bin of military politics with the demise of the RAH-66 Comanche. It was to be an "all American" manufactured aircraft, now it is just so much history.
Adding insult to injury, my employer has an insurance company monitor sick time, they affix an amount of time for each type of surgery: they say five weeks recovery time for my operation, the doctor says ten. I had to get written permission from the insurance company to be out seven and a half weeks, well short of what the surgeon wanted, and well within the amount of sick days I've earned. The reason? The high cost of my benefits package. The package, earned through a quarter century of excellent service, has to be withdrawn over a period of five years until there are no paid benefits at all.
The corporation's position is clear: lean manufacturing and a desire to end paid benefits to maximize profit will force me into early retirement, and buy the services I perform from some other source. Not necessarily a foreign source, they do hire many domestic "job-shops," with far less efficiency and zero loyalty, to do the same work. Is it any wonder that I refuse to let go of the family landscape business? My employer wants to "rid" itself of the majority of workers and only maintain a cadre of supervisors, managers, and directors (these special employees will have paid benefits) and who will manage the out-sourced workers, be they professional or skilled labor. They have no plan to stop manufacturing American products, only to end the traditional American employer-employee relationship. In the not too distant future, paid health insurance and other such benefits will be a thing of the past, and the wonderful era of the American worker, like the "Made In America" product, will eventually also be a thing of the past.
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one theory on Jobs
Abbeywoods
I think your letter sums it up!
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one theory on Jobs
I think it interesting that the new movie Corporation makes the assertion that if we phycologically tested most corporations we would commit them.
As the Olympics are fast approaching suppose we had a rowing 8 team that had trained and prepared using USOG money and all the advantages that this country has to offer. Then just before their performance at the Olympics 4 of the team members went to asia, gained citizenship of China, and proceeded to win the Olympic gold metal with their new team. What would most Americans think of these members?
Despite this being clearly immoral, most of us think such acts are perfectly alright for corporations. It happens all the time. Business is business.
I think we just had a little wake up call with Enron, Tyco and others.
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one theory on Jobs
Good point Eric! Only I think this is indicative of our society in general these days. Pretty sad.
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Without taking a party line, we suffer from a lack of cohesive leadership, both at the corporate and government levels. In a free society and market economy, forces are going to constantly change the make-up of the economic machine. We went from an agricultural economy to a manufacturing economy, and are now moving towards a technology based economy. It's the management of change that takes leadership at all levels. Without proper leadership, agendas get confused and personal greed gets in the way of morale decision making. Strong leadership with a clear vision of where we are heading, with solid achievable goals, sets a pathway for the future. Change is inevitable, but must be managed. Moving away from a manufacturing based economy doesn't have to be a bad thing, we just need to all be on the same mission for where we are headed next.
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The problem is we're now moving away from a technology based society with nothing to replace it. Well, maybe marketing.
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