I Predict Unemployment to Now Improve

[Amazon 7]

Quote

The flaw in the "Buy American" mantra is it is not the least expensive for the most part and in today's economy, most have to shop more frugally.

Matt

I am thjinking things like the cheap assed clothing shoes etc at WalMart while perhaps cheaper have a lack of quality that leads to actually spending more when you have to replace the items because they wear out far faster.

Cheaper is not always cheaper other than in quality

[matthewcline 0]

Is any of that stuff even made in the States any more? Other than the high end designer stuff.

American brands like Nike and Levi's are made over seas.

I watched a 20/20 type news program a while back that showed a sweat shop sewing jeans, they sewed for 4 different Companies, all the same materials, just a different pocket stitch and model/brand tag.

The "American Made" brand was three times the price on the shelf.

Matt

An Instructors first concern is student safety.
So, start being safe, first!!!

[kelpdiver 2]

Quote

Perhaps NOT cutting taxes and paying the bills would have been a better route.. but that is just me as a fiscal conservative.

Instead the administration at the time decided to go off mini-cocked into a war we did not need to fight ensuring a doubling of what was a horrendous debt.

Perhaps. But at best, the current unemployment is a second order consequence of the tax cuts, so if he wants to assert it's simple facts, he has to do a lot more proving.

Personally, I objected much less to the tax cuts than to the massive spending Bush did - in the forms of creating the DHS, and in initiating an extended war in Iraq when we could have left with Saddam by early 2004.

Tax cuts can be undone, but new departments and lengthly wars are much more difficult. The former is nearly impossible.

[Amazon 7]

Quote

Is any of that stuff even made in the States any more? Other than the high end designer stuff.

American brands like Nike and Levi's are made over seas.

I watched a 20/20 type news program a while back that showed a sweat shop sewing jeans, they sewed for 4 different Companies, all the same materials, just a different pocket stitch and model/brand tag.

The "American Made" brand was three times the price on the shelf.

Matt

That is what legislation is for.. you wqant to do business in this country you are going to use American workers to make the products.

It seems that MOST countries realized this long ago perhaps we should follow suit since the alternative we have been following of chasing a free market that only exists in some peoples minds is not working out for Americans.

[mnealtx 0]

Quote

That is what legislation is for.. you wqant to do business in this country you are going to use American workers to make the products.

Quote

The "American Made" brand was three times the price on the shelf.

Tripling the prices for the public... great idea! What are they going to buy when the company folds because people won't buy jeans at that price?

Mike
I love you, Shannon and Jim.
POPS 9708 , SCR 14706

[Amazon 7]

Quote

Quote

That is what legislation is for.. you wqant to do business in this country you are going to use American workers to make the products.

Quote

The "American Made" brand was three times the price on the shelf.

Tripling the prices for the public... great idea! What are they going to buy when the company folds because people won't buy jeans at that price?

Sorry but there is no need to triple the price since the proifts they are currently making far outstrip the cost of producing the cheap ass shit in China. There is no long term planning in business in this country.

Get in make a killing quickly no matter the costs to others and get out with the gains. Sounds great till you end up with a US that is just like many third world shitholes with a very few rich at the top and no one in between to produce or consume the products.

[mnealtx 0]

Quote

Sorry but there is no need to triple the price since the proifts they are currently making far outstrip the cost of producing the cheap ass shit in China. There is no long term planning in business in this country.

Sorry, no - you said "you are going to use American workers to make the product". That means the production cost goes up.

Way up.

Mike
I love you, Shannon and Jim.
POPS 9708 , SCR 14706

[Amazon 7]

Quote

Quote

Sorry but there is no need to triple the price since the proifts they are currently making far outstrip the cost of producing the cheap ass shit in China. There is no long term planning in business in this country.

Sorry, no - you said "you are going to use American workers to make the product". That means the production cost goes up.

Way up.

Not as much as it is costing us to hand our security off because the products are made by workers in a system of total government control and subsizies as well as a grossly undervalued currency.

National Security... includes the American people have jobs, We are not competing with people who are playing by the same rule set or belief in a free market system.

We can compete.. build a quality product that last 5 times as long as the crap being pushed onto ships headed to America.

If the companies can't figure the REAL cost of doing business in America... its not that hard to help them see with boyootts and tax policy.

[mnealtx 0]

Quote

If the companies can't figure the REAL cost of doing business in America... its not that hard to help them see with boyootts and tax policy.

Driving them completely overseas or out of business - there goes that tax revenue...another great idea.

Mike
I love you, Shannon and Jim.
POPS 9708 , SCR 14706

[Andy9o8 2]

Quote

Their meal ticket extension now gone, My bet is they get off the couch and go find a job!

Nonsense. There aren't enough jobs to absorb them. Cutting unemployment benefits now will worsen the unemployment rate, not improve it.

The unemployment rate just went up to 9.8% as of a few days ago. Unemployment comp income tends to be spent immediately, to pay for things like food and rent, or the person who hasn't bought any new clothes in 2 years buying a pair of pants at WalMart to replace the pair that finally blew out. If people lose their comp NOW, they'll spend less at the stores, and more businesses dependent on that consumer spending, which have not yet had a time to recover from the bad economy, will lay people off.

[Bolas 5]

What will change:

Those that were riding unemployment either not looking or very picky about what job they took will look and possibly accept something lower than their level.

Those that have been looking and can't find anything will likely move to different gov't assistance.

In simplest terms, ending the long unemployment will force those able to get a job to do so which will stimulate the economy far more than the gov't simply giving people money to do so.

If this economy is going to recover, the gov't has to stop "floating" it.

Stupidity if left untreated is self-correcting
If ya can't be good, look good, if that fails, make 'em laugh.

[Lindsey 0]

Here's the situation, from my perspective, as a physician a little more than 2 years in practice. I started my OWN practice. I don't work for anyone but me. In my first two years, I've had to borrow nearly half a million dollars and still pay in on average $5K a month...which means LONG hours in the ER after clinic hours to make things work. There are VERY FEW people who work has hard as I do. It's all starting to come together. We're in the black this year. Why do I owe what I earn to somebody who doesn't try as hard as I do. In that same time, I had a total knee replacement...went back to work 2 weeks later. Then my dad had heart surgery, and I took care of his patients for 2 months as well as mine. Now I got breast cancer, and went back to work less than a week after bilateral mastectomy...because my people expect to be paid.

Why do I owe what I work for to people who don't work as hard as me?! I don't think I do. I GIVE it. But I don't owe it.

linz

--
A conservative is just a liberal who's been mugged. A liberal is just a conservative who's been to jail

[billvon 3,114]

>Those that were riding unemployment either not looking or very picky
>about what job they took will look and possibly accept something lower
>than their level.

Some will, some won't.

These people are typically lower skilled workers; they always get hit harder during bad economic times. When their insurance runs out they will likely try harder to get jobs. Some will, some won't, since there is no "job bank" waiting to absorb them. It's not like they can just start digging a hole in the middle of the street and have someone give them money.

As a result, spending will decrease, and most of this spending is local (i.e. food, rent.) People will have to leave their apartments, and landlords will make less money. Food stores will see less income, and might lay off a few employees. Overall it will be a short term hit to employment.

In the long term the cyclical nature of the economy will improve things for everyone.

[rhaig 0]

Quote

Quote

The flaw in the "Buy American" mantra is it is not the least expensive for the most part and in today's economy, most have to shop more frugally.

Matt

I am thjinking things like the cheap assed clothing shoes etc at WalMart while perhaps cheaper have a lack of quality that leads to actually spending more when you have to replace the items because they wear out far faster.

Cheaper is not always cheaper other than in quality

depends what you're buying. If you buy from walmart and replace things that have worn out, it might be cheaper long run to buy better quality. If you buy from walmart and replace things because your kids outgrow them, then it might be the right place for you.

I recall actually reading a study along those lines that showed that walmart goods cost an estimated 10% more over the long run because of more frequent replacements due to wear & tear. My kids wear walmart & target. They outgrow things before they wear things out. I don't wear walmart or target. (I quit growing a long time ago except for my gut)

--
Rob

[happythoughts 0]

Mrom what i have read, avg world GDP is supposed to grow by 3.5 to 3.7 %. China will double that.

Most of Europe will not grow appreciably, Germany leading
and Greece treading water.

The US economy will stay essentially the same until the end of 2011.

Unemployment level has not reduced.

[skyrider 0]

I'm not going to bother quoting all that disagreed with the OP, BUT will say, If they get off their ass, and go fill those jobs Illegals are doing, we will kill two birds with one stone...

[jclalor 12]

Quote

Quote

Quote

8 years under Clinton, the rate goes down. Dubya gets into office with his tax cuts for the wealthy and the rate goes up.

http://www.miseryindex.us/urbymonth.asp


Don't you hate it when the facts get in the way.

if you grossly ignore the events of the time, maybe.

The late 90s was fueled by a boom that busted in 2000, along with the bombings in 2001. Unemployment went up. Then you'll note it dropped back to the same 4.x% by 2006, and then the failoff begins in earnest in 2008.

An attempt to tie this to the tax cuts in 2001 fails.

The CBO disagrees with you, tax cuts for the wealthy would hurt the economy. The CBO also says extension of benifits for the unemployed is one of the best things you could do to stimulate the economy.

[kelpdiver 2]

Quote

Quote

Quote

Quote

8 years under Clinton, the rate goes down. Dubya gets into office with his tax cuts for the wealthy and the rate goes up.

http://www.miseryindex.us/urbymonth.asp


Don't you hate it when the facts get in the way.

if you grossly ignore the events of the time, maybe.

The late 90s was fueled by a boom that busted in 2000, along with the bombings in 2001. Unemployment went up. Then you'll note it dropped back to the same 4.x% by 2006, and then the failoff begins in earnest in 2008.

An attempt to tie this to the tax cuts in 2001 fails.

The CBO disagrees with you, tax cuts for the wealthy would hurt the economy. The CBO also says extension of benifits for the unemployed is one of the best things you could do to stimulate the economy.

Are you having trouble keeping track of YOUR argument? It had nothing to do with what the CBO says today.

[ridestrong 1]

Quote

The CBO also says extension of benifits for the unemployed is one of the best things you could do to stimulate the economy.

Hahahaha.... yeah that way the unemployed can buy Unicorns, and Unicorn sales always stimulate the economy.

*I am not afraid of dying... I am afraid of missing life.*
----Disclaimer: I don't know shit about skydiving.----