Last post on May 15, 2013 at 9:27 AM
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With parts coming from everywhere, does "Buying American" have much meaning anymore? Is quality and price the bottom line?
#14337 of 18078 Re: politics as usual [fintail]
Sep 17, 2012 (11:33 am)
I think corporate greed and political money has foisted this globalization crap on us. So far, globalization seems to mean big profits and executive pay for large corporations and screw jobs for many Americans. Then you have the Federal Reserve policies devaluing the dollar resulting in higher commodity prices for US consumers. The middle class has been getting shafted by both political parties and our big corporations for awhile now. I expect that however they end up fixing the budget issues here, one thing will be for sure - the middle class will be eating most of it, while the rich will be increasing their trust fund balances rather than investing and creating jobs.
#14338 of 18078 Re: politics as usual [berri]
Sep 17, 2012 (12:02 pm)
That sums up my ideas about the globalization disaster- and I see more sinister demographic motives behind it too, but that's a conspiracy theory for another venue.
I think one can argue no wealth is really even being created in this broad economic (everything from trade policies to endless quantitative easing) charade, it is simply being transferred from what was the first world working/middle class...a little going to the underclass, a lot going to the top few, who haven't had it so good since before the depression. If anything, the past 30 years of these defective ideas have proven that gains for a few indeed do not trickle down.
#14340 of 18078 Re: politics as usual [gagrice]
Sep 17, 2012 (1:23 pm)
That would be because if the Feds sell, it would be at a massive loss.
#14341 of 18078 Re: politics as usual [gagrice]
Sep 17, 2012 (2:29 pm)
That origin label shenanigans, especially for food and anything else similar, really irks me. More legislation that proves corporations control government.
#14342 of 18078 Re: politics as usual [fintail]
Sep 18, 2012 (7:15 am)
I wouldn't say wealth is being created at all. It's being confiscated and hoarded by a tiny and exponentially greedy minority.
#14343 of 18078 Re: politics as usual [lemko]
Sep 18, 2012 (6:40 pm)
Pretty much. The bottom rung has gained some (in raw terms, probably not relative), but most of it is trickling up.
#14344 of 18078 Re: politics as usual [fintail]
Sep 18, 2012 (6:35 pm)
The wealthy funding all of those trickle down ads must forget about the real result of trickle down economics - enlarged trust funds. Bankers and lawyers may benefit a bit. Everyone else will end up seeing a mini boom and then an ugly bubble burst thanks to the hedge funds pigging out on the trust fund investments. Old man Bush got stuck with the results of "trickle down" and then his son turned around and did the same thing.
#14345 of 18078 Where's Cannon?
by steve_ HOST
Sep 18, 2012 (7:15 pm)
The one guy who can get us back on topic.
#14346 of 18078 Re: politics as usual [berri]
Sep 18, 2012 (7:16 pm)
I wonder what would happen if tax rates went back to the day when the US actually funded infrastructure and had a viable middle/working class.
Maybe more American cars to be made and sold