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Old 11-07-2012, 11:14 PM  
Count Zarth Count Zarth is online now
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How will Obama make the country worse in 4 years?

Just wondering since everyone seems to think the world is ending now that he is Prez again.
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Old 11-09-2012, 11:52 AM   #76
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Originally Posted by banyon View Post
Maybe. But maybe what we need is the deep crisis to take the remedial measures needed.



What "value added jobs" do you think exist that cannot at this point be outsourced to people with lower living standards? On the myth of us having competitive advantages where labor costs don't matter, the jig is about up.

AS I've heard Peter Schiff comment: You can only sell each other so many manicures before everyone is out of the actual money that comes from producing things.




I'm probably not the expert on this, but I know I could run out of money pretty easy if I made 200K out here in bum****nowhere. Living expenses out here are cheap. I couldn't imagine being shelacked by huge taxes if I lived in high rent areas on the coasts.

Suggesting that labor costs is the only thing producers compete on is silly. It is a major contributor but it isn't like we have to get minimum wage back down to $.50 or we will never produce anything. I haven't paid any attention to anything but my industry in several years, but here are a few examples.

Ag, in both animal agriculture and grain production in the United States is the most efficient in the world by a fair margin. And we don't compete on with China on labor.

I think there is huge opportunity for railroads if they would just get the unions (and a large part themselves) out of the way. A 100 car train is 300 truckloads. Trains are much more efficient than trucks, but other than coal, not much goes across the country on trains. Shipment could get a lot more competitive and the support for that industry is pretty intensive.

Infrastructure is a big deal. And honestly, that's where most of the government money needs to be going. But even in the private sector there are opportunities there if the government would get out of the way. Are you still in Dodge Banyon? I'm sure you heard about the coal fire plant in Holcomb. They were going to put up transmission lines for a shitload of wind energy, but the EPA blocked it even though it would have been as clean as any plant in the country and cleaner than most. Energy, communications, and transport infrastructure all needs to be addressed.

And that's just what I can think of off hand. America is capable of production, but government has to get out of the goddamned way.
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Old 11-09-2012, 12:10 PM   #77
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Originally Posted by outhega View Post
Just wanted to point out that according to the U.S. Census Bureau, only 6.03 percent of individuals over 18 and only 19.9 percent of households had incomes of $100,000 or more in 2010. In fact, the median annual household income for 2010 was $50,046, just more than half of the six-figure benchmark.

People always over estimate what others around them make relative to their own incomes.
Maybe I'm not as dirt poor as I thought, but I can assure you I'm far from living comfortably enough to give my money away.
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Old 11-10-2012, 06:50 AM   #78
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The Interior Department on Friday issued a final plan to close 1.6 million acres of federal land in the West originally slated for oil shale development.

http://thehill.com/blogs/e2-wire/e2-...-from-drilling
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Old 11-10-2012, 01:38 PM   #79
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Quote:
Originally Posted by banyon View Post
I think our country will be worse for many reasons, and it would've been worse with Romney too.

The big one is just the constant pressure on US incomes to reach equilibrium with the Chinese/Indian/Indonesians. They still have too many people willing to do our jobs for pittances and our incomes have a long way to go down.

Reaching equilibrium will continue to be very painful for most Americans, especially the middle class.

Until we have leaders willing to confront these problems openly and aggressively, we are in a downward spiral.
Best post in the thread. Does Mumbai have Obamacare? No? Well then, I think I can make my widgets cheaper over there.

Good luck with taxing that guy.
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Old 11-10-2012, 01:40 PM   #80
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We shouldn't be surprised, really. Obama promised to "spread the wealth around". Only, he wasn't talking about spreading rich guys in America to poor guys in America. He was talking about spreading America's wealth back to the countries of the world that he believes America stole it from.
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