|
|
02-13-2008, 09:30 PM
|
#81
|
Recycles dryer sheets
Join Date: May 2007
Posts: 213
|
Dobbs: Our leaders have squandered our wealth - CNN.com
from the mouth of Dobbs
"The truth is that consumers spend most of their money on foreign imports, and any stimulus package probably would be stimulating foreign economies rather than our own. Imports, for example, account for 92 percent of our non-athletic footwear, 92 percent of audio video equipment, 89 percent of our luggage and 73 percent of power tools."
|
|
|
|
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!
Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that Early-Retirement.org is a great community to join. Best of all it's totally FREE!
You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!
|
02-13-2008, 09:37 PM
|
#82
|
gone traveling
Join Date: Nov 2005
Posts: 2,146
|
Quote:
Originally Posted by 52andout
Dobbs: Our leaders have squandered our wealth - CNN.com
from the mouth of Dobbs
"The truth is that consumers spend most of their money on foreign imports, and any stimulus package probably would be stimulating foreign economies rather than our own. Imports, for example, account for 92 percent of our non-athletic footwear, 92 percent of audio video equipment, 89 percent of our luggage and 73 percent of power tools."
|
Well what do we buy that is made in america?? Even New Balance running shoes are made in Vietnam.
Its all BS the well americans spend it on imports, well no kidding, we make NOTHING!! Business went to the cheapest place to make anything.
|
|
|
02-13-2008, 09:44 PM
|
#83
|
Thinks s/he gets paid by the post
Join Date: Jan 2008
Posts: 2,020
|
Quote:
Originally Posted by newguy888
Well what do we buy that is made in america??
|
Go buy a John Deere or some software (the CDs are manufactured elsewhere I'm sure, but the brain capital is here). Heck, I'd be a nice Cat back-hoe would look nice in the driveway. Ever thought about one of those?
|
|
|
02-14-2008, 04:03 AM
|
#84
|
Thinks s/he gets paid by the post
Join Date: Apr 2007
Posts: 1,305
|
I think that we are losing sight of the fact that while most of the 'stuff' is made in China, India, Vietnam, ...etc. It is bought in the local Wal-mart, Target, ...even Tiffanys. This provides jobs for the workers and the support infrastructure behind it (truckers, longshoremen, police, fire, govt, schools, restaurants, road builders, electricians, plumbers, farmers, ... etc.). It's been quite a while since we had massive cities filled with factories and assembly lines.
The American jobs seem to be from Honda, Toyota, BMW, ...etc. So if you want to buy American, ....there you go.
Where the heck have you all been for the last 20 years?
__________________
Life is GREAT!
|
|
|
02-14-2008, 08:29 AM
|
#85
|
Recycles dryer sheets
Join Date: Sep 2006
Posts: 151
|
I can't resist. Spend the rebate on a product made in the USA! ( megacorp of family member) I think the trees are home grown too.
|
|
|
02-14-2008, 08:37 AM
|
#86
|
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: May 2005
Location: Lawn chair in Texas
Posts: 14,183
|
Quote:
Originally Posted by 52andout
"The truth is that consumers spend most of their money on foreign imports, and any stimulus package probably would be stimulating foreign economies rather than our own. Imports, for example, account for 92 percent of our non-athletic footwear, 92 percent of audio video equipment, 89 percent of our luggage and 73 percent of power tools."
|
We have met the enemy, and it is us...
__________________
Have Funds, Will Retire
...not doing anything of true substance...
|
|
|
02-14-2008, 08:50 AM
|
#87
|
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Aug 2006
Posts: 12,483
|
Our manufacturing has been outsourced to countries with cheap labor, but actually manufacturing jobs have been growing in the custom and technical markets.
I have a client that retired from a local company that makes BIG gears for large machinery. There are two other companies in the WORLD that do the same thing, one in Sweden and one in Japan. They can't KEEP UP with the demand. NOONE in their industry will buy a gear from China, Korea, or anywhere else the cheap labor is, they don't TRUST the quality control or tolerances behind it............
__________________
Consult with your own advisor or representative. My thoughts should not be construed as investment advice. Past performance is no guarantee of future results (love that one).......:)
This Thread is USELESS without pics.........:)
|
|
|
|
|
Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
|
|
Thread Tools |
|
Display Modes |
Linear Mode
|
Posting Rules
|
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts
HTML code is Off
|
|
|
|
» Recent Threads
|
|
|
|
|
|
|
|
|
|
|
|
|
» Quick Links
|
|
|