[quote]Testy1 wrote:
[quote]usmccds423 wrote:
[quote]Testy1 wrote:
[quote]usmccds423 wrote:
[quote]AliveAgain36 wrote:
[quote]Testy1 wrote:
[quote]magick wrote:
Huh.
Haven’t people been getting riled up about how jobs and production are being outsourced by every major company in the past couple of years?
I’ve met many older folks who told me that’s why the U.S. is doing so poorly now. Hell, it’s almost exclusively older folks who say this. Younger folks tend to be more for globalization and don’t seem to mind it. Or they don’t think on it. I don’t know.
But probably a matter of different people we interact with?[/quote]
They don’t understand that manufacturing is what created the middle class. Everyone wants to be an accountant or executive without realizing if we don’t make stuff to sell we won’t stay on top for long. Look at what has driven China’s recent prosperity. By the time the realization comes that shuffling around virtual money doesn’t actually produce anything sets in it will be to late.[/quote]
This ^
We are borrowing money from China.
We are loaning money to kids to go to school.
Kids are going to school to get jobs that don’t exist.
Kids are not able to pay back the money we loaned them.[/quote]
This is a bit of a stretch. If you borrow 50K to get a degree in 18th century art, ya you’re a moron. 50K to be an accountant, no problem. [/quote]
For now. What do accountants produce? If the red tape ever disappears and we don’t have these complex monetary laws accountants have nothing of value. I know it is a stretch but this points exactly to what I am saying. [/quote]
It’s very unlikely that the business world will be less complex anytime soon. [/quote]
So you believe our economy can keep chugging along without producing anything tangible?
Or that we can keep shipping jobs overseas and then when nobody here can buy their products that businesses will survive? That is exactly what happened to domestic automakers. Ship the jobs to mexico and then when the people you laid off here can’t buy your cars then what? Mexicans aren’t buying them. [/quote]
I think our economy is pretty complex and continually evolves. Ya, we don’t manufacture cars as much anymore, but we do other things. Detroit falls & Silicon Valley rises for example. This will probably always be the case.