Time man of the year

[detbuch]

Originally Posted by spence

I believe CAT has at least 12 manufacturing plants in China and over 8,000 employees. It represents a substantial part of their growth strategy.

These investments have a big impact on jobs in Peoria. The net is that any way you shake it, development in emerging markets has a big impact on the US economy...

-spence

Phew!! Glad you've finally put to rest that non-sense about "shipping jobs overseas", especially to China, costing Americans jobs. Those 8,000 jobs in Peoria instead of China would look really nice right about now. Of course, then, China wouldn't have bought the CAT stuff if it was made here because greedy, mean, right wing presidents wouldn't have forced them to. That's one of the reasons we voted for Obama, no? To stop jobs from being shipped overseas, and to make China trade "fairly" with us?

But all is well now, anyway, because CAT's "investments" in China will have a big impact on jobs in Peoria. After all, Obama will see to it that those investments are taxed at higher, fairer, rates, and that will create more "revenue" to distribute to unemployed and needy Americans.

[spence]

Originally Posted by detbuch

Phew!! Glad you've finally put to rest that non-sense about "shipping jobs overseas", especially to China, costing Americans jobs. Those 8,000 jobs in Peoria instead of China would look really nice right about now. Of course, then, China wouldn't have bought the CAT stuff if it was made here because greedy, mean, right wing presidents wouldn't have forced them to. That's one of the reasons we voted for Obama, no? To stop jobs from being shipped overseas, and to make China trade "fairly" with us?

But all is well now, anyway, because CAT's "investments" in China will have a big impact on jobs in Peoria. After all, Obama will see to it that those investments are taxed at higher, fairer, rates, and that will create more "revenue" to distribute to unemployed and needy Americans.

Perhaps many of those jobs don't belong here.

They likely manufacture locally to be more responsive to the market, take advantage of local labor, local materials and perhaps more importantly avoid the costs associated with transport of heavy raw materials, finished product and extended supply chain and service components.

Yet, the profit from such ventures is sent to the USA where it can finance expansion and higher paying jobs at home that are the innovation engine of the company.

And Mitt Romney said he was going to get tough...with who again?

-spence

[JohnnyD]

Originally Posted by spence

Yet, the profit from such ventures is sent to the USA where it can finance expansion and higher paying jobs at home that are the innovation engine of the company.
-spence

You must be mistaken. Those higher paying jobs are only held by people that got there by stomping on the heads of those below them. Those with higher paying jobs don't actually contribute to the economy, that's why we should tax them >50% of their income. I mean, they have never really done any work so why should they keep the money they earn?

Btw, I see you're going to ignore my reply to your "lack of American Spirit" nonsense just as you did with ignoring what's so bad about giving people a choice not to join unions.

[Jim in CT]

Originally Posted by JohnnyD

Btw, I see you're going to ignore my reply to your "lack of American Spirit" nonsense just as you did with ignoring what's so bad about giving people a choice not to join unions.

He'll answer that, right after he tells you why it's bad to let Americns choose if they want to be in a union.

[detbuch]

Originally Posted by spence

Perhaps many of those jobs don't belong here.

They likely manufacture locally to be more responsive to the market, take advantage of local labor, local materials and perhaps more importantly avoid the costs associated with transport of heavy raw materials, finished product and extended supply chain and service components.

Yet, the profit from such ventures is sent to the USA where it can finance expansion and higher paying jobs at home that are the innovation engine of the company.

When greedy business and evil Republicans were supposed to be responsible for shipping jobs overseas they were not only able to "take advantage of local labor, local materials" and even with the cost of transport of materials and finished products, etc., they were still able to "profit from such ventures" to "finance expansion and higher paying jobs at home that are the innovation engine of the company." So then, I guess those jobs that were shipped overseas pre-Obama also "many of those jobs don't belong here." Maybe all that gibberish about shipping jobs overseas was poo-poo to get folks like Obama elected. As I said, glad that you were able to put to rest that nonsense.

Gee, I wonder with such wondrous profit making dynamics, which jobs do belong here.

And Mitt Romney said he was going to get tough...with who again?

-spence

What on earth does Romney have to do with it. He lost. Why talk about losers. Aren't the winners the relevant ones, the ones who move and shake? Wasn't Romney accused of shipping jobs overseas? I guess THAT was a bad thing.

[Slipknot]

hard to read and not shake my head with all the spin from spence

[spence]

Originally Posted by detbuch

When greedy business and evil Republicans were supposed to be responsible for shipping jobs overseas they were not only able to "take advantage of local labor, local materials" and even with the cost of transport of materials and finished products, etc., they were still able to "profit from such ventures" to "finance expansion and higher paying jobs at home that are the innovation engine of the company." So then, I guess those jobs that were shipped overseas pre-Obama also "many of those jobs don't belong here." Maybe all that gibberish about shipping jobs overseas was poo-poo to get folks like Obama elected. As I said, glad that you were able to put to rest that nonsense.

Depends on the company and industry. Certainly some jobs have been move purely for cost reasons. In other cases jobs have been created where it makes more sense. As I've noted this isn't always a bad thing for Americans.

-spence