Article

2020-03-25 Economy

Archived material is restricted to Rantburg regulars and members. If you need access email fred.pruitt=at=gmail.com with your nick to be added to the members list. There is no charge to join Rantburg as a member.

Posted by Woozle Black1622 2020-03-25 00:00|| || Front Page|| [7 views ] Top
File under: Commies

#1 Anger is first step toward enlightenment, Confucius say.
Keep going, Grasshoppa

Posted by Lex 2020-03-25 01:14|| 2020-03-25 01:14|| Front Page Top

#2 No you are not.

You put your children in Universities.

So who will be in the factories?

Posted by Thorong Grundy1520 2020-03-25 01:51|| 2020-03-25 01:51|| Front Page Top

#3 If you mistakenly think there are no people in the USA to do manufacturing jobs, there are 600 million people south of the Rio Grande. Most underemployed and would love a manufacturing job (many that used to be there until lowest common denominator rush to China). Then Vietnam, India, ASEAN, Philippines, Bangladesh, Eastern Europe, Africa. Get the picture?

ABC: Anybody But China.

Posted by Snimp Flilet5799 2020-03-25 02:53|| 2020-03-25 02:53|| Front Page Top

#4 #2 Hear, hear, maybe it's time to stop believing in mystical powers of a college diploma. The only powers it has, IMO, is flooding the industrialized world with supremely self-confident idiots. As well as making it almost impossible for genuine scholars and scientists to get academic tenure.

Posted by g(r)omgoru 2020-03-25 03:59|| 2020-03-25 03:59|| Front Page Top

#5 Most underemployed and would love a manufacturing job

Unfortunately, their ruling class is even more corrupt than the Chinese making 'business' even less possible or profitable.

Posted by Procopius2k 2020-03-25 07:13|| 2020-03-25 07:13|| Front Page Top

#6 We have what, 8 or 9 months to go until the next flu season, right? I bet we're going to be just fine once we're out of the woods here, in two to three weeks.

Then yes, the great reckoning needs to happen, good and hard as they say.

Posted by Raj 2020-03-25 07:22|| 2020-03-25 07:22|| Front Page Top

#7 Bring back vocational education. Two tracks: college for maybe 25%, max, of the 17- or 18 year old population and serious, well-designed and properly-funded trade schools for the rest.

Get employers to kick in $$ for it by offering to waive payroll taxes if they commit to hire a significant number of grads.

In parallel, get illegal immigration down to zero by finishing the wall, continuing to remake the judiciary, lawfare agaivst "sanctuary" madness etc. And crack down hard on the H1B scam while you're at it.

If Trump uses the bully pulpit to make a big push for the above, he'll do another great deed for this nation. And maybe increase his electoral appeal by November in MI PA WI.

~~MAGA~~ KAG

Posted by Lex 2020-03-25 07:36|| 2020-03-25 07:36|| Front Page Top

#8 A college diploma never had any value in and of itself. The value came from the type of people who would delay gratification and/or work their way through. Just as with home ownership, it was the inherent personality traits that are important.

But socialists searched for 'markers of the middle class' and cheerfully imagined that bestowing those same markers would automatically expand the middle class and make them ever grateful to the almighty state. Thus the expansion in M.A.'s in puppetry.

Posted by Cesare 2020-03-25 08:08|| 2020-03-25 08:08|| Front Page Top

#9 We Are So F***ing Done With China.

Excellent! Has anyone told Home Depot, Best Buy, or Target ?

I'll believe it when I sees it.

Posted by Besoeker 2020-03-25 08:14|| 2020-03-25 08:14|| Front Page Top

#10 They sell what YOU buy

Posted by European Conservative 2020-03-25 09:31|| 2020-03-25 09:31|| Front Page Top

#11 We have already seen businesses opening in countries around China due to the trade wars and that trend has been accelerating.

I also expect to see a rise in more nationalism around the globe as countries realize they can't make critical things in their own borders and some tax breaks and such will be applied for that manufacturing to come home.

Posted by DarthVader 2020-03-25 09:40|| 2020-03-25 09:40|| Front Page Top

#12 I would like to see more people like Mike Rowe advising the president.

Posted by Alaska Paul 2020-03-25 09:54|| 2020-03-25 09:54|| Front Page Top

#13 Pretend to be environmentalists and pass a law that says you can't have access to US markets if x percent of your product was made in a nation on the known polluters list.

Then create the list and watch China scramble to clean up their pollution while maintaining their super-cheap manufacturing.

Also include food born illnesses as one of the reasons for pollution if they do somehow manage to clean up their smoke belching factories.

It'd be really hard for lefties to argue against it. They'd try racism but that won't fly after the virus and the global warming hoax has been screamed about for years.Hoist them on their own petard.

Posted by ruprecht 2020-03-25 10:02|| 2020-03-25 10:02|| Front Page Top

#14 Ref #10: They sell what YOU buy.

A rather simplistic answer for an astute, learned thinker. These yuuge box stores are not your friend, they never have been. Their strategy is a bit different than that of Heinz-Georg Baus and his impressive Bauhaus chain. Regrettably, my exposure is a bit dated, but you will likely not find much Chinese junk in his stores.

Posted by Besoeker 2020-03-25 10:06|| 2020-03-25 10:06|| Front Page Top

#15 Chinese stuff can go from great to junk. Many people have had only access to certain technology: robots, smartphones, drones, amateur mills and many other mechanical, tech stuff due to Chinese companies.
While instead many US companies run away from individuals and prefer to sell to Gov and other companies.

Posted by Thorong Grundy1520 2020-03-25 12:04|| 2020-03-25 12:04|| Front Page Top

#16 And to not talk about Korean stuff, many also build in China

Posted by Thorong Grundy1520 2020-03-25 12:07|| 2020-03-25 12:07|| Front Page Top

#17 The big-box model is (was?) based on relentlessly lower wages for the working and middle classes. Lowest wages + lowest prices + lowest quality.

The alternative means people ran more, save more, and buy less stuff but much higher quality stuff. Less consumerism and stronger families and communities; better health; a better culture overall.

A much healthier social model, I think...

Posted by Lex 2020-03-25 12:10|| 2020-03-25 12:10|| Front Page Top

#18 What is the door that is knocked?

Spain

Made a 432M Euros contract with China to supply 550M masks, 5.5M rapid test kits, 950 ventilators, 11M gloves pairs.

He says he got the entire production chain is working exclusively to the Spanish Government.

Posted by Thorong Grundy1520 2020-03-25 12:12|| 2020-03-25 12:12|| Front Page Top

#19 * people earn more

Posted by Lex 2020-03-25 12:16|| 2020-03-25 12:16|| Front Page Top

#20 "He" = Spanish Health Minister

Posted by Thorong Grundy1520 2020-03-25 12:34|| 2020-03-25 12:34|| Front Page Top

#21 ^ Mafioso model: offer someone a job, security after you've killed off his father and brothers

Posted by Lex 2020-03-25 12:52|| 2020-03-25 12:52|| Front Page Top

#22 We put factories and jobs in Mexico and every Mexican who gets one of those jobs will be one less Mexican who wants to come here.

Besides that, Thorong, people might get wise to University if they're offered a good paying job right now as an alternative to crushing debt and a possible job with unknown pay at some unknown time in the future.

Bottom line is: We need to end this unhealthy relationship with China before the cost of constant lockdowns exceeds the profits.

Posted by Abu Uluque 2020-03-25 13:44|| 2020-03-25 13:44|| Front Page Top

#23 They sell what YOU buy

Whenever I can find an alternative, even if it's more expensive, I buy it. I buy American whenever I can but lately I've been finding a lot of alternatives made in India or Vietnam. I had to shop around for it but I recently bought a chainsaw made in Germany that was a lot more expensive than the cheapo Made in China types at Home Depot. That's what you call "sales resistance". Home Depot can sit on that unsold inventory until they get wise. Maybe I'm unusual but I think Trump would be just the guy to start a national conversation on this topic.

Posted by Abu Uluque 2020-03-25 14:02|| 2020-03-25 14:02|| Front Page Top

#24 Re #7. If I had it to do all over again Id'a been an electrician. I wound up with all the skills but the high school guidance counselor insisted I do what was good for her numbers. 4 years of college and two years in a field related to my training I wound up in IT. That's a dead end now. Most of what electricians do never will be.

Posted by M. Murcek 2020-03-25 14:45|| 2020-03-25 14:45|| Front Page Top

#25 It is irrelevant what you buy, what matters is are the products that Americans make competitive in world market?
Currently technology already have in general 6 months in advance for Asia.

The problem is not the Chinese, the problem is you, or me and the incentives and rewards in our culture.
Our culture rewards paper pushers, community advisers etc etc... basically media-academia bullshit.
Then we have the typical shame of manual work on top of it. It is not just shame of going there it is the presumption that if you work with your hands you deserve much less regardless of the market needs. I usually laugh to everyone here saying that if everyone wants to go to University then who remains to clean bathrooms should get millionaire wage. Everyone looks at me like if i am an alien.

Posted by Thorong Grundy1520 2020-03-25 18:06|| 2020-03-25 18:06|| Front Page Top

#26 "Currently technology already have in general 6 months in advance for Asia."
Please clarify.

Posted by ruprecht 2020-03-25 19:13|| 2020-03-25 19:13|| Front Page Top

#27 #25 is a ZH Kool ade drinker. Believes the fatality rate for CV-19 is 115% and 4 trillion people are infected.

Posted by M. Murcek 2020-03-25 19:46|| 2020-03-25 19:46|| Front Page Top

#28 Cheyenne Mountain is on lock down for the plague duration. It would be interesting to know what the DEFCON level is.

Posted by 3dc 2020-03-25 22:00|| 2020-03-25 22:00|| Front Page Top

23:59 charger
23:31 bbrewer126
23:26 bbrewer126
23:25 bbrewer126
23:23 AlmostAnonymous5839
23:21 AlmostAnonymous5839
22:55 SteveS
22:47 SteveS
22:25 Skidmark
22:25 Skidmark
22:17 magpie
22:04 Thusons Ghibelline8123
22:00 3dc
21:59 SteveS
21:22 Omotle Snore6434
21:16 JHH
20:46 TZSenator
20:36 Thimp Clusort2035
20:33 USN, Ret.
20:28 Frank G
20:04 Alaska Paul
19:55 lord garth
19:46 M. Murcek
19:45 Anomalous Sources