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December 22, 2008

Comments

fletch

Todd, in what way are u suggesting our gov't "must act"? Smoot-Hawley was a disaster the 1st time around, do u wish to doom us to repeating the protectionist failure and nightmare?

How bout instead all the folks who are now being forcefully weaned off the corporate and govt entitlement teat get up off their collective ars (a technical term), stop whining and moaning about how bad they have it, sack up (another tecnical term), start a bizness, and do some real work taking some real risk, instead of waiting for mommie dearest (corp or govt) to act..

Todd Charske

China is killing America. Our money goes there, wonder why our economy stinks? We make very little in America anymore. Yes, cars don't count - anymore many of the parts are made overseas even on the American cars.. Here's the illustration I've thought about many times:

Put a box around your City/State/Country Whatever you want, there's 2 kind of businesses:
1. The community business that makes money from other people in the community (i.e. car repair, insurance, most service companies, etc)
2. There's global or National companies that make money from other parts of the world/state/country (mostly manufacturing but also some large scale financial co.s etc.

- If a Country (could be replaced with state or city) is heavy into local companies then there will be companies from other Cpuntries (states or cities) operating in that country taking MONEY OUT of the country and unless there is money coming back Into that country the country will decline and go into depression or economic hardship.

If a country (again could be replaced with State or City) Has Global businesses pulling in money from other countries (cities or states) than the OVERALL money in that economy is GREATER and the economy is improving.

Sure China offers cheap products and it’d be next to impossible to go into ANYONE’s home a not find something made in China but these low cost products are a huge reason our economy is suffering. Without China there’d be another country doing the same thing. Our government MUST ACT! Our prices would raise on electronics especially but in the future our overall economy would benefit from limiting imports or I hate to say this even taxing imports.

There’s a large scale bashing of pulling the American Auto companies out of their economic depression and I agree with people for the most part but if they fail then my area – the Midwest – would be crushed for years. Yes they have killed themselves from within with the Unions and I feel that Unions are ANTI- AMERICAN but had their place when they first started. Why don’t they get it?

- Todd Charske

Todd Charske

China is killing America. Our money goes there, wonder why our economy stinks? We make very little in America anymore. Yes, cars don't count - anymore many of the parts are made overseas even on the American cars.. Here's the illustration I've thought about many times:

Put a box around your City/State/Country Whatever you want, there's 2 kind of businesses:
1. The community business that makes money from other people in the community (i.e. car repair, insurance, most service companies, etc)
2. There's global or National companies that make money from other parts of the world/state/country (mostly manufacturing but also some large scale financial co.s etc.

- If a Country (could be replaced with state or city) is heavy into local companies then there will be companies from other Cpuntries (states or cities) operating in that country taking MONEY OUT of the country and unless there is money coming back Into that country the country will decline and go into depression or economic hardship.

If a country (again could be replaced with State or City) Has Global businesses pulling in money from other countries (cities or states) than the OVERALL money in that economy is GREATER and the economy is improving.

Sure China offers cheap products and it’d be next to impossible to go into ANYONE’s home a not find something made in China but these low cost products are a huge reason our economy is suffering. Without China there’d be another country doing the same thing. Our government MUST ACT! Our prices would raise on electronics especially but in the future our overall economy would benefit from limiting imports or I hate to say this even taxing imports.

There’s a large scale bashing of pulling the American Auto companies out of their economic depression and I agree with people for the most part but if they fail then my area – the Midwest – would be crushed for years. Yes they have killed themselves from within with the Unions and I feel that Unions are ANTI- AMERICAN but had their place when they first started. Why don’t they get it?

- Todd Charske

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