American Business They Don't Need Americans Anymore - We Are Irrelevant

[TheMastersNemesis]

Today I had confirmed that my beliefs have been right about American business being the treason class. I few years ago a CEO on the internet actually said that the American business community and the multinationals no longer cared about jobs being created in the US. They were interested in creating jobs and wealth in China, Malaysia, India and elsewhere.

Today I was listening to the Norman Goldman show and a stewardess on international flights business class to China. She had been talking to American business men going over to outsource jobs. She asked them about what they thought about taking jobs to China. Their reply was that they did not care about creating jobs in America. They could make more money creating a middle class in China. America was no longer a prime market for products.

She also asked them about what would they do when jobs and money were moved to lower paying countries. They replied that they did not care because they would have made their stash and would be retired.

So the brutal truth is that American business is not planning to bring jobs back to America. With Romney and Co in charge there won't be any change. HIs 12 million jobs is a lie. The jobs he will create will be overseas and not here. So we are being taken for a ride.

One reason that Obama has not done well with jobs is that he has limited power. And with what power he has the GOP will not
allow him to create any if he could. We are such stupid suckers.

Get that - THEY DO NOT CARE IF WE CANNOT AFFORD THEIR PRODUCTS. THEY DON'T CARE.

[orpupilofnature57]

1. Thomas Jefferson called Them the new enemy 1814

" Monied Interests "

[matmar]

2. They don't need the American Middle Class because it is dead. China's growing middle class will ...

dwarf America's.

When Bill CLinton signed NAFTA and gave Permanent Most Favored Trading Status to China it was game over for America's middle class.

Forget it. What America was in the past is over.

Bill CLinton was a screaming disaster for anybody who works for a living in the US. He did soo much damage to the American middle class its despicable. Welfare to Work, NAFTA, GATT, Telecommunications Act of 1996 (Rush Limbaugh in every podunk town up and down the radio dial), Repeal of Glass-Steagall, Commodity Futures Modernization Act.

Bill Clinton practically single-handedly destroyed the middle class.

Yet he is fawned over by Democrats as if this scumbag was FDR. Give me a friggin break. This dirtbag should be ashamed of himself.

[Populist_Prole]

17. +1

Indeed, he was the first "third way" corporate democrat to be a president.

[tularetom]

3. We don't have anymore money, WTF do they need us for?

If we can no longer consume we are of no use to them. They've bled us dry and now they need fresh meat.

Sad but true. The USA will be part of the third world by 2050.

[JoePhilly]

4. The super rich are now global and stateless.

They have the money to live in which ever "green zone" they want.

They can build a business anywhere their is cheap labor and a low standard of living.

And if doing this requires that the US middle class, stagnate or collapse, oh well. They do not care.

The only thing the super rich need the US for is for its military. As long as they control that, they will be safe anywhere in the world.

[orpupilofnature57]

5. No borders and no allegiance .

[JoePhilly]

8. I explain it this way ...

I grew up in Philly. And everyone I knew, their families also grew up there. Their parents, their grandparents. I grew up in the house my dad grew up in. After he died, we moved into the house that my mother grew up in about 6 city blocks away.

I was first in my family to go to college out of high school. And after undergraduate work, I went to graduate school in Texas. Since then, I moved to MD, and now NC. I've moved to obtain a better career.

Our children will also need to do the same. But they will probably need to leave not only their home state, as I did, but they'll have to be ready to leave the United States.

Corporations used to move from US state to state for cheaper labor. Now they move from country to country. And I suspect that our children will have to move to those countries as it happens.

A few years ago, my wife had an opportunity to take an "overseas assignment" in India, a director level position, building an organization in India. What would they be doing? Same things IT groups do in the US, just for less money. We decided that we did not want to move to India.

But I'm still not sure our kids will be able to stay in the US.

[orpupilofnature57]

21. It's like when I heard the stat that more people from NJ

owned land in Vermont ,than people that were born there and were likely going to have to move to places like NJ to find work, while more people from NJ would be retiring in Vermont than Vermonters, that was twenty years ago.

[librechik]

6. wait til gas is so expensive they can't afford to ship work overseas

they'll need us again someday soon

[Egalitarian Thug]

20. Nope sorry, they won't. They're going to be shipping the stuff they make to their own

markets. We're going to be left twisting in the wind with our military being the only thing we have left to sell to them. The rest of us will have to survive "selling hamburgers" to each other.

[librechik]

22. obviously that's not going to work. And I don't believe we'll all commit suicide

at the bidding of the elite. Life will find a way, at least until all the pollinators are dead and we starve to death ( I guess we have different doomsday scenarios!)

[Egalitarian Thug]

23. Oh yes of course, We still have some of the best real estate on earth and are quite capable of

re-creating our nation. My point was that the citizens of the U.S. will have little relevance within our lifetimes and that what we make of our nation in the aftermath will depend on whether or not we learn from our history. We are approaching a turning point and if we do not adjust our thinking, we will be ripe for becoming a global horror that will make the 3rd Reich look like a perfectly rational attempt to increase efficiency in government.

[MrSlayer]

7. I've been saying this for a long time.

They don't need us. And when they leech all they can out out China and India, they'll exploit Africa.

[JoePhilly]

9. YUP ... locusts is another way to view them. They consume all the resources, and then move on.

[brush]

12. Next

That's right. Africa is the only continent the haven't exploited for labor yet. Resources, sure. The Euros did that already in colonialism and are still doing it now in the post colonial era.

[TheMastersNemesis]

10. To ALL

Because the voting public hated labor and unions and bought into the bull and kept the GOP in power at critical times we are in this predicament. I saw so many Democrats try to run on a pro labor and pro worker agenda and just get beat up. Democratic politicians simply cannot and will not run on progressive labor agendas.

I remember when Clinton ran and he ran as a "new Democrat" which was like a moderate Republican in order to win. When he came up with his health care plan he was savaged and the public abandoned him. I remember all the lies the GOP put out and the public bought it. These guys have access to the numbers and they can see polls.

In our local race our Dems are running on generic memes. If they were to run anything pro worker they get attacked and the dumb people with no money vote GOP just about every time because they love their gun or bible.

I think the problem is with an electorate that is more than low information. They are crazy thinkers.

If you look at ALL the GOP garbage Obama should have over 300 electoral votes guaranteed right now. So I am fed up with most voters I run into because they have NO curiosity. They would not get it if you hit them between the eyes with a bat.

I get so frustrated. I see GOP supporters who have NO money and No prospects willing to do anything for the rich.

[brush]

13. Keep 'em stupid

In Texas now they're trying to steer their school curriculums towards avoiding teaching critical thinking skills. This is what the repugs are all about. Keep 'em too stupid to see what's being done to them so they'll keep voting for the very people who are keeping them in low wage jobs.

[Egalitarian Thug]

19. It's worked beyond the most optimistic estimates. You live here too and we're in an excellent place

to witness the process. Small city with huge numbers of people from all over the world coming and going. Hang out on the strip and talk to them. The differences between the Americans and everybody else is dramatic, and we don't compare well at all.

[brush]

11. They have another

You're absolutely right. China and India's billions represent middle classes with money to spend ten times bigger than ours. I live in Las Vegas and a good example of this is the casino industry. Billionaire Sheldon Adelson (that's right, the big Romney money backer) and Steve Wynn have both built huge, new casinos in Macao and their take is already ten times bigger than the whole of Vegas. And these places have just been operating for 3 years or so. Their Vegas operations are now secondary to them because of the proximity of billions of people with expendable money to Macau. This, I believe, is what's in store for America. If they get Romney in, considering his job outsourcing experience at Bain, the good jobs here will dry up so fast our heads will spin. Forget about middle and working classes here. Their plans for us is service jobs (can you say "serf", anyone?) to make life comfortable for the 1%, that is the ones that choose to stay here. Oops, I forgot for a minute there, they can afford homes in many countries so they just might winter here in our warmer regions. I think it's despicable that they care that little about the US and its people where they've extracted their first billion, with minimal if any taxes paid on it too, you can bet.

[B Calm]

14. The tax code policy over the last 20 years

has successfully provided incentives for US industry to make many Americans and America the richest country in the world. However, at this juncture, we have an aging population with a high cost/high benefit workforce, a mature consumer base, the easy natural resources have been mined or exploited, and the soils in our bread basket called the Midwest are nutrient depleted and require significant intensive farming methods e.g.; pesticides and petrol chemical fertilizers to maintain yields, which also cause the highest levels of cancer on the planet. As far as Global industries are concerned, there are cheaper and more plentiful natural resources elsewhere to exploit, cheaper labor and younger developing consumer markets outside the US that present more attractive investment opportunities. Industry would prefer not to make any further investments into the US, thus capital flight is inevitable (in spite of tax policies), ... the US is a Cash Cow to be milked and harvested to funnel investment funds internationally. The good times have come to an end, and no one dares tell you this, because it might cause a panic.

[Jkid]

15. "They could make more money creating a middle class in China."

It's a lot easier because China still run's authoritarian "communist" state where the party and state are one, and the same joined by the neck. With people mostly ignorant of how the government really works, it's easier for economic growth to happen.

Problem is that China has a large property bubble, which will burst eventually.

[AndyTiedye]

16. Good Riddance to Them

If the mega-corps don't want to hire us, and they don't want to sell us crap anymore,
then good riddance to them.

Surely we can do better.

[Egalitarian Thug]

18. Been trying to warn people for 25+ years and now the window is closing.

American automobile manufacturers will take the biggest hit when the American market finally collapses, but they've been preparing for it since the 80's. Not too long ago these parasites were still completely dependent on the American market to grow and profit and because of that we could have made a good deal, but by and large they're done with us now.

[truth2power]

24. Economist Rick Wolff has said this numerous times. The markets of the supra-national corporations

are overseas, not in the U.S. So, you're right; not buying their products doesn't matter to them.

Here's a link to Prof. Wolff's website:

http://rdwolff.com

I'm sorry, I can't point you to a specific place he says this, but it's usually in the videos of talks he gives around the country.