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Who Can Fix the American Economy?

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Deja Q Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Aug-08-08 05:09 PM
Original message
Who Can Fix the American Economy?
http://abcnews.go.com/Politics/Vote2008/story?id=5510115&page=1

I am more interested in this person's response, as McCain is parroting the obvious (and given offshoring has been happening for years, why are corporations purportedly still getting incentives TO offshore rather than keeping jobs HERE?) and then loses people with the "lower corporate taxes" gibber that has, to date, done nary a thing and corporations used to pay a heck of a lot more in taxes compared to 2000, never mind 2008, and I think most people know that too:

How did we get into this pickle? The U.S. corporations could not compete in this global economy because our labor is more expensive, EPA standards more expensive, OSHA standards are more expensive, and the corporate taxes are more expensive. So what do they do? They start up plants in foreign countries to eliminate these extra costs of doing business. Our people lose jobs. Now, even the service industries are outsourcing to foreign countries. We are still the biggest consumer nation in the world; but as the country continues to eliminate jobs, then our ability to consume will decrease. And, China and India are becoming huge markets for corporations that they feel will offset this. The American worker is suffering because the trade agreements are not fair. We are not competing on equal grounds.


Define "What is work".
Define "responsibility".
Define "regulations".
People who work multiple jobs and work VERY hard would disagree with that author. (If you read a lot of comments, you'll see why ABC stands for "Apathetic Brainless Cretins")

Note that regulations kept America from being a big smoggy land mass in which you couldn't even jog without keeling over.

Labor is expensive. So is the cost of living. As the CoL is lower in those other countries, THAT is why we have an imbalance. If THOSE countries cleaned up their acts, Earth would be cleaner and nobody would be getting ill from lead or antifreeze. Or we could dismantle all our standards and whine how American quality has gone down the toilet. or something else? Which choice will it be?

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FreakinDJ Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Aug-08-08 05:15 PM
Response to Original message
1. Those countries still have 20- 40% Tariffs on our goods
while we only have a 2% tariff on their goods

Sounds like Free Trade to me alright
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Deja Q Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Aug-08-08 05:16 PM
Response to Reply #1
2. !
:wtf:

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FreakinDJ Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Aug-08-08 05:23 PM
Response to Reply #2
3. Good to see you around Hypno Toad
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