Rey C.
Racing is life... anything else is just waiting.
To be honest, Philbert was close to being onto something in his initial post in this thread... before he soiled himself by trying to be cute and hurling childish insults. It's curious that he always has that tendency. But anyway... though what's done is done (with respect to NAFTA and other trade agreements), the U.S. is once again moving up the scale by embracing advanced manufacturing techniques, that some of the countries that took our low skilled jobs haven't gotten on board with yet. And recently, the cheap natural gas prices and stable, growing domestic economy have made a good many multi-nationals relocate some of their operations back here.
And MustBeGood was correct in the OP, in that Clinton was the President who opened the floodgates by getting behind NAFTA and other free trade agreements. Several other prominent Democrats also got behind NAFTA. But almost all Republicans got behind it, along with most conservative business groups and think tanks: the U.S. Chamber of Commerce, the National Assoc. of Manufacturers and the Heritage Foundation, to name just a few.
Here's a blurb from the Heritage Foundation just before the vote on NAFTA:
Based on the decimation of the American textile, clothing and furniture industries, I guess we all now know their prediction was about 180 degrees off. They (including the Clintons - Hillary backed NAFTA too) were all wrong and Ross Perot was all right (at least on this). Though I can't give Obama very high marks on trade, he is a world better than his predecessor. In 8 years, W. Bush launched only 7 cases before the WTO against China for unfair trade practices. In his first 3 years, Obama had already launched 8. I understand Bush's sad record is a pretty low bar to compare one to. But (IMO) both Clinton and Bush were weak on making and enforcing trade agreements and Obama has done a bit (though maybe not much) better. But as Perot said many times, you cannot have free trade unless it's also fair trade. One of the best cases supported by Obama (that Bush sat on his hands over and slow-walked) was to do with China's unfair and illegal tariffs on U.S. made auto parts. This WTO victory led to the repeal of Chinese import tariffs on American made auto parts and I have seen firsthand how that has helped stabilize (especially) 2nd and 3rd tier U.S. based auto parts suppliers - even after the recession and GM & Chrysler bankruptcies almost wiped them out totally. But a lot more could be done. I also give Obama some credit for leaning on the Chinese for their tendency to manipulate their currency - although I feel a LOT more could be done in that area. I don't believe those who say that the Chinese could retaliate by no longer buying our debt. Ours remains the safest currency and economy in the world. If they did anything to destabilize our economy, they would be devaluing the hundreds of billions they already have invested here. IMO, it's time to lean on them about their currency and call their bluff.
But it's not just on the Administration (any Administration) to make things better. We also have to look out for ourselves - which fewer and fewer of us are willing to do these days. Most American workers probably realize by now that the purpose of a corporation (whether it be Walmart, GM or Apple) is not to provide them with a fair shake, it's to maximize shareholder returns. And Philbert is roughly correct, in that we shouldn't expect generic multi-nationals to seek out a higher cost area of production just based on patriotism. Labor cost for those types of companies is their highest expenditure. That's why any industry that relies on high volume/low skill labor (that's left the U.S.) probably won't be back anytime soon. But companies that rely on heavy design and engineering or higher skill levels for employees, now they will move to areas that maybe cost more, but have the educated talent pool that they must have. This is the leg-up that Americans can have if they prepare themselves for that opportunity. And increasingly, it's already happening. While Apple employs FoxConn to assemble their pricey gadgets in China, Apple engineers design and develop the products, and even design and develop the machines and processes that FoxConn uses, right here in the good ol' USA. Other companies tend to design a product here and then toss it to the Chinese to figure out how to make it for them. Apple is different in that way, and that's one reason for the level of quality and fit/finish that you tend to see in their products, irrespective of cost. But unless more American kids/younger people bite the bullet and stop being babies, wanting the easy way out, they're going to lose out on these growing opportunities. They don't have to all get 4 year math or engineering degrees (although that's a way to write your own check for life), they could get 2 year technical degrees in CNC programming, robotics, advanced manufacturing, automotive technology, etc. This is from a couple of years back. But the last time I checked, the situation was still about the same: over 3 million jobs are going unfilled because companies can't find enough qualified people to fill them. That is our fault! It's not Obama's or anybody else's.
Here's a company that is near and dear to my heart (though I don't work for them... yet ). It's all American. It's high tech. It's the largest machine tool maker in the western world. The owner wants to do right by American workers and he pays people VERY well... yet he's still a billionaire. He's going F1 racing in a year or so. Haas Automation What he needs though is for more American kids to get off their fragile, tender asses and get a STEM degree or some technical training. And then he'll give them a job making $50K a year+ starting out! Obama can't help them with that and Romney sure as hell wouldn't help them. Get out there and do it!!!
As for what to do about the workers who have been displaced from 20+ year jobs, and are at or above middle age now... I don't really know the best answer. I've seen people working at Walmart who I've known from other jobs I've had. It sucks. The only answer I have is retraining. But let's be honest, it's damn hard to start over when you're knocking on 50 or maybe even 60.
And MustBeGood was correct in the OP, in that Clinton was the President who opened the floodgates by getting behind NAFTA and other free trade agreements. Several other prominent Democrats also got behind NAFTA. But almost all Republicans got behind it, along with most conservative business groups and think tanks: the U.S. Chamber of Commerce, the National Assoc. of Manufacturers and the Heritage Foundation, to name just a few.
Here's a blurb from the Heritage Foundation just before the vote on NAFTA:
Create American jobs
Economists are virtually unanimous in their conclusion that the NAFTA will have a strongly positive impact on job growth throughout the U.S., with most estimates in the hundreds of thousands. Opponents' predictions of a net job loss are backed by no evidence whatsoever.
Based on the decimation of the American textile, clothing and furniture industries, I guess we all now know their prediction was about 180 degrees off. They (including the Clintons - Hillary backed NAFTA too) were all wrong and Ross Perot was all right (at least on this). Though I can't give Obama very high marks on trade, he is a world better than his predecessor. In 8 years, W. Bush launched only 7 cases before the WTO against China for unfair trade practices. In his first 3 years, Obama had already launched 8. I understand Bush's sad record is a pretty low bar to compare one to. But (IMO) both Clinton and Bush were weak on making and enforcing trade agreements and Obama has done a bit (though maybe not much) better. But as Perot said many times, you cannot have free trade unless it's also fair trade. One of the best cases supported by Obama (that Bush sat on his hands over and slow-walked) was to do with China's unfair and illegal tariffs on U.S. made auto parts. This WTO victory led to the repeal of Chinese import tariffs on American made auto parts and I have seen firsthand how that has helped stabilize (especially) 2nd and 3rd tier U.S. based auto parts suppliers - even after the recession and GM & Chrysler bankruptcies almost wiped them out totally. But a lot more could be done. I also give Obama some credit for leaning on the Chinese for their tendency to manipulate their currency - although I feel a LOT more could be done in that area. I don't believe those who say that the Chinese could retaliate by no longer buying our debt. Ours remains the safest currency and economy in the world. If they did anything to destabilize our economy, they would be devaluing the hundreds of billions they already have invested here. IMO, it's time to lean on them about their currency and call their bluff.
But it's not just on the Administration (any Administration) to make things better. We also have to look out for ourselves - which fewer and fewer of us are willing to do these days. Most American workers probably realize by now that the purpose of a corporation (whether it be Walmart, GM or Apple) is not to provide them with a fair shake, it's to maximize shareholder returns. And Philbert is roughly correct, in that we shouldn't expect generic multi-nationals to seek out a higher cost area of production just based on patriotism. Labor cost for those types of companies is their highest expenditure. That's why any industry that relies on high volume/low skill labor (that's left the U.S.) probably won't be back anytime soon. But companies that rely on heavy design and engineering or higher skill levels for employees, now they will move to areas that maybe cost more, but have the educated talent pool that they must have. This is the leg-up that Americans can have if they prepare themselves for that opportunity. And increasingly, it's already happening. While Apple employs FoxConn to assemble their pricey gadgets in China, Apple engineers design and develop the products, and even design and develop the machines and processes that FoxConn uses, right here in the good ol' USA. Other companies tend to design a product here and then toss it to the Chinese to figure out how to make it for them. Apple is different in that way, and that's one reason for the level of quality and fit/finish that you tend to see in their products, irrespective of cost. But unless more American kids/younger people bite the bullet and stop being babies, wanting the easy way out, they're going to lose out on these growing opportunities. They don't have to all get 4 year math or engineering degrees (although that's a way to write your own check for life), they could get 2 year technical degrees in CNC programming, robotics, advanced manufacturing, automotive technology, etc. This is from a couple of years back. But the last time I checked, the situation was still about the same: over 3 million jobs are going unfilled because companies can't find enough qualified people to fill them. That is our fault! It's not Obama's or anybody else's.
Here's a company that is near and dear to my heart (though I don't work for them... yet ). It's all American. It's high tech. It's the largest machine tool maker in the western world. The owner wants to do right by American workers and he pays people VERY well... yet he's still a billionaire. He's going F1 racing in a year or so. Haas Automation What he needs though is for more American kids to get off their fragile, tender asses and get a STEM degree or some technical training. And then he'll give them a job making $50K a year+ starting out! Obama can't help them with that and Romney sure as hell wouldn't help them. Get out there and do it!!!
As for what to do about the workers who have been displaced from 20+ year jobs, and are at or above middle age now... I don't really know the best answer. I've seen people working at Walmart who I've known from other jobs I've had. It sucks. The only answer I have is retraining. But let's be honest, it's damn hard to start over when you're knocking on 50 or maybe even 60.