Regarding The 99% Worth of Idiocy Occupying Our Country Today
Jobs have been leaving the country since the Carter Administration. Jobs went first to Japan, and then to China and then other places. Why? A number of reasons, but primarily because of the cost of labor. And then look at the bond market, too. In the 80s, Japan produced the goods that US Americans bought. Then Japan incurred a surplus. Japan thus bought US treasuries and corporate bonds in US companies with the money from the surplus. Why did Japan buy the bonds? Because the US was the market, and so Japan supported the market in which Japan's goods were sold. As Japan became a more expensive place to produce goods, the labor market moved the jobs to China. China, therefore, has done the same thing, buying bonds in the US bond market with money from the annual surpluses incurred from the manufacturing by China of goods bought by US Americans. Thus, China, like Japan, has supported the market in which China's goods were sold. China is doing the same thing with every other one of its trading partners in the globe, i.e. Brasil, Panama, Canada, Australia, Turkey, Indonesia, and so on. It's like a shop owner in a mall buying into the marketing costs of the mall so that the market will stay strong and benefit the merchant. As the US destroys itself with its legislative gridlock and dumb-downed populist movements, like "Occupy Wall Street" and cry for tariffs, the marketplace becomes less important to the Chinese because less money is available to Chinese manufacturers in the US.
Meanwhile, for so long, people in this country have had access to an expose of information but have not educated themselves. Rather, folks have educated themselves with information that does not empower the person economically. In general of course. So the people have gone to school and taken loans and obtained worthless degrees, and thus have no obvious job prospects upon graduation, and thus blame people with money because the people with no money made idiotic decisions. Don't get me wrong, the government has been telling a generation or more of students that everyone should go to college. "Everyone in this country should have an education," says Barack Obama. George Bush said the same thing. Because bankers are selling student loan debt like they sold mortgage debt prior to 2007; that's the reason for the big push in student loans. But regarding idiocy, a few years ago the idiotic decisiopns I made landed me on the street. It sucked. But I didn't want to work. But nobody wants to work in this country... at least that's what it looks like. They'd rather blame Mexicans for taking all the jobs. But US Americans don't want to work. Everybody knows that. At least, the Mexicans know that; and that's why they keep coming here, because there's plenty of jobs, because the gringos don't want to work. The gringos hold an ideal in their heads that they're going to be able to stay in school their whole lives, or be journalists or playwrights, or business owners, or marketers or something that is truly private to each of us, yet obviously directs the economic direction of this country. We all want iPads but don't want to make them. And our unwillingness to work is what puts us in undesirable circumstances.
Or if we do work, we want way too much money.
As far as tariffs, the US does not have the production output to impose tariffs efficiently. In other words, the USA does not supply consumer or capital goods to the rest of the world like China does.
The United States does not have the manufacturing infrastructure that some other countries have, namely Germany, Japan, Mexico, China, Viet'nam, and Maylasia. Nor does the United States have the trading contracts that China does. China is the largest exporter to every other country in the world. Every other country in the world. Well, practically. To impose tariffs is to limit the United States' opportunity to trade with a powerful economic engine. The only way that manufacturing jobs will return to the US is for the opportunity cost of manufacturing goods in other countries increases in comparison to the opportunity cost of manufacturing the same good in the United States. If the opportunity cost is less for producing goods in the US, then you better believe that the value of the US dollar will have decreased. Meaning that the people earn less relative to the rest of the world... meaning that the standard of living has decreased... meaning that that the people are poorer. Think China in the 90s. If that's what you want. If you want manufacturing jobs to return to this country. Other than that, start a business; produce a tangible product.
I'd rather work hard, save my money, invest wisely, and then be in the one percent. Use your brain and start business. We have a beautiful system in this country called the free market. Anyone can purchase a share in a company and be a part of the company's profits. That's the coolest thing in the world. People who were not born wealthy can become wealthy. The main thing is, you want to do your research and invest in companies that you want to own. That you want to own. To own. You get to own companies if you want. And you don't have to depend on the government.
Meanwhile, for so long, people in this country have had access to an expose of information but have not educated themselves. Rather, folks have educated themselves with information that does not empower the person economically. In general of course. So the people have gone to school and taken loans and obtained worthless degrees, and thus have no obvious job prospects upon graduation, and thus blame people with money because the people with no money made idiotic decisions. Don't get me wrong, the government has been telling a generation or more of students that everyone should go to college. "Everyone in this country should have an education," says Barack Obama. George Bush said the same thing. Because bankers are selling student loan debt like they sold mortgage debt prior to 2007; that's the reason for the big push in student loans. But regarding idiocy, a few years ago the idiotic decisiopns I made landed me on the street. It sucked. But I didn't want to work. But nobody wants to work in this country... at least that's what it looks like. They'd rather blame Mexicans for taking all the jobs. But US Americans don't want to work. Everybody knows that. At least, the Mexicans know that; and that's why they keep coming here, because there's plenty of jobs, because the gringos don't want to work. The gringos hold an ideal in their heads that they're going to be able to stay in school their whole lives, or be journalists or playwrights, or business owners, or marketers or something that is truly private to each of us, yet obviously directs the economic direction of this country. We all want iPads but don't want to make them. And our unwillingness to work is what puts us in undesirable circumstances.
Or if we do work, we want way too much money.
As far as tariffs, the US does not have the production output to impose tariffs efficiently. In other words, the USA does not supply consumer or capital goods to the rest of the world like China does.
The United States does not have the manufacturing infrastructure that some other countries have, namely Germany, Japan, Mexico, China, Viet'nam, and Maylasia. Nor does the United States have the trading contracts that China does. China is the largest exporter to every other country in the world. Every other country in the world. Well, practically. To impose tariffs is to limit the United States' opportunity to trade with a powerful economic engine. The only way that manufacturing jobs will return to the US is for the opportunity cost of manufacturing goods in other countries increases in comparison to the opportunity cost of manufacturing the same good in the United States. If the opportunity cost is less for producing goods in the US, then you better believe that the value of the US dollar will have decreased. Meaning that the people earn less relative to the rest of the world... meaning that the standard of living has decreased... meaning that that the people are poorer. Think China in the 90s. If that's what you want. If you want manufacturing jobs to return to this country. Other than that, start a business; produce a tangible product.
I'd rather work hard, save my money, invest wisely, and then be in the one percent. Use your brain and start business. We have a beautiful system in this country called the free market. Anyone can purchase a share in a company and be a part of the company's profits. That's the coolest thing in the world. People who were not born wealthy can become wealthy. The main thing is, you want to do your research and invest in companies that you want to own. That you want to own. To own. You get to own companies if you want. And you don't have to depend on the government.