Results 14 to 26 of 90
Thread: Guess what?
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09-07-2009, 09:45 AM #14
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09-07-2009, 10:01 AM #15
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09-07-2009, 10:07 AM #16
That is when the business environment changed. Not much noise in the U.S. media about it, the people did not really care enough what it was about. Big news north of the border because we were giving up some of our sovereignty (mainly over our energy supply) to have clear trading rules.
Plants closed up here (I would have been able to retire in six years if they did not mess with things) and some work moved down to the U.S. but more to Mexico. Closer to markets, bs like that. U.S. jobs transfered to Mexico for the cheap labor. Once companies realized that they did not have to manufacture in the U.S. (and Canada) to sell here they started to move industries to third world countries because of labor costs and lack of environmental rules.
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09-07-2009, 12:28 PM #17"Excellence is the gradual result of always striving to do better"
-Pat Riley
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09-07-2009, 12:30 PM #18
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09-07-2009, 01:00 PM #19
While there were winners and losers because of it but the full effect was artificially masked by the tech and housing bubble. The higher ups forgot our wealth was made by manufacturing, taking something of lesser value and turning it into something worth more.
China's people got wealthier in the same way we had and they now have the manufacturing expertise we once had. We may have to lower our standard of living to get the manufacturing back but I doubt many people would go for that.
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09-07-2009, 05:09 PM #20"Excellence is the gradual result of always striving to do better"
-Pat Riley
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09-07-2009, 05:16 PM #21
we never lost our manufacturing base. The USof A is the largest manufacturing country on the planet. What we have done is slowed down on buying. This is where China is running scared, if we don't buy their stuff, they lose
http://www.globalinsight.com/Perspec...etail13718.htm
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09-07-2009, 05:21 PM #22
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09-07-2009, 05:24 PM #23
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09-07-2009, 05:30 PM #24"Excellence is the gradual result of always striving to do better"
-Pat Riley
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09-07-2009, 07:00 PM #25
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09-07-2009, 07:14 PM #26



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