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koolaid wrote:

tacticool wrote:It's like Reagan said. Government is not the solution to the problem. Government is the problem.

I would say more of the problem is that our continued system of only two parties has reduced political discourse to arbitrary team cheering and completely eliminated nuance from general political discussion or opinion.

Because your quote if taken to its ultimate conclusion is current day Somalia and a return to feudal warlordism, which is what happens basically everywhere in the absence of government.

tacticool wrote:Sorry but I'm not drinking that koolaid.

coolaid wrote:A meaningless quip that essentially proves my point.

OldCurlyWolf wrote:Actually it says that your opinion is worth ignoring.

The Annoyed Mommy wrote:Boys, boys, boys.......

The Annoyed Man wrote:In the context that Reagan said that, it meant that a large, intrusive, government is the problem, not the solution; but Reagan was not philosophically against the existence of government. He would not have participated in the political process as an elected official if he thought that.

wharvey wrote:Another big problem in the U.S. is the greed of some companies and the over reliance on market analyst. Back in 82 I worked for a large company that had record profits for 4 years running. The last year I worked for them their analysts predicted another record year estimating an increase of over 20%. The company did have another record year but it was only 7% over the previous year.

I'd think most companies would have been happy with yet another record year but not these people. They figured that they had actually lost money since the increase wasn't as large as predicted. As a result they had massive layoffs. Their competitors loved it and had more great years. This group of misfits lost much of their market share. Many companies now think that way and move. Workers do price themselves out of jobs and government intrusions are a big problem but don't just blame our economy on those factors. Now a CEO gets a pimple on his rear stock prices go down and people get out sourced.

Despite all of this nonsense your kind has thrown at us, American business keeps on trudging along, being the best creator of wealth in the history of the world, and you have the audacity to say we’re soft? Everything this nation has ever accomplished has been in spite of your kind, you self-righteous academic narrcisst, not because of you.

Punishing China no boon for U.S. manufacturing jobs

Published October 12, 2011

| Reuters

LONDON (Reuters) - For every Apple iPad sold in the United States, the U.S. trade deficit with China increases by about $275.

Yet by far the most value embedded in the device accrues to Apple and sustains thousands of well-paid design, software, management and marketing jobs in the United States.

By contrast, the value captured in China by the laborers who assemble Apple's products is a mere $10 or so, according to researchers led by Kenneth Kraemer of the University of California, Irvine, who crunched the data.

Viewed through this prism, offshore manufacturing of electronic products like the iPad is a solution, not a problem, for the United States, and seeking to punish China for its purportedly undervalued exchange rate is wide of the mark.

"Without China, Apple couldn't be so successful and Apple products wouldn't be so affordable," said Yao Shujie, professor of economics at the University of Nottingham in England.

In the case of the iPad, China is the final assembly point for components imported from a host of countries, including South Korea, Japan, Taiwan, the European Union and the United States itself. There are no Chinese suppliers [inside] the iPad.

"China is sitting in the middle: It's processing goods for rich countries," said Yao. As such, he argued, it would be more accurate to allocate most of China's bilateral "iPad trade surplus" to those supplier countries.

Kraemer agreed that trade data can mislead as much as inform.

........ Read more: http://www.foxbusiness.com/technology/2 ... uring-jobs" onclick="window.open(this.href);return false;

"Multinational firms that think currency appreciation is going to have a big effect on their export capacity from China to the United States are going to shift to other countries, not to the United States," he said.
....................
Jonathan Anderson, chief emerging-markets economist for UBS in Hong Kong, said U.S. and EU trade data showed that China's share of total low-end light manufacturing imports had peaked over the last 24 months and was now falling outright in the United States.

Gaining at China's expense were its even cheaper neighbors, including Vietnam, Bangladesh and Indonesia, as well as Mexico, Anderson said.

Strikingly, while overall U.S. imports of apparel and furniture have continued to increase over the past two years, domestic American production has plummeted. Foreigners have gained, not lost, market share.

Anderson said it made perfect sense that U.S. workers were not the beneficiaries of rising Chinese wages.

"If $300 per month for a 65-plus hour work week is too rich for, say, basic toy manufacturers, do they go to the U.S. and pay $1,200/month plus benefits for a 40-hour week at the minimum wage -- or do they go to Bangladesh or Cambodia, where workers put in Chinese-style hours for less than $100/month?" he wrote in a recent report.

boba wrote:With Jobs gone, maybe Mainland China will buy Apple's iP*d division like they bought Lenovo.

koolaid wrote:Part of the problem with sourcing China to assemble products like this is that they aren't exactly opposed to engaging in rampant IP theft and undercutting the people whose products they are building.

In the process of putting things together they gain the knowledge to do an end run around the people they are contracting for. This has happened in the computer industry in some cases already.

RoyGBiv wrote:You're using the rampant copyright problem (a very valid knock on Asia in general, and China is no exception) to paint a broad stroke. Heresay.