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COMMENTS:
More power to them. Maybe it'll be the little shove that get's our own car companies on the ball in making affordable hybrids.
Zerhog:
This ballot is even more spurious than your usual fare.
A lot of foreign cars have manufacturing plants in the US-it makes sense. I think it's great for both economies.
Cranky, ever heard the term pot calling the Kettle black? No one has more contrived ballots than you do at times. Is it that you can't find anything negative to say about the actual points in the ballot?
I suspect this is more of a PR move, targeted at Marketing rather than manufacturing ... US companies could take a few lessons.
The very fact that you can easily cite a lone example or two of "offshoring to the US" as opposed to the tsunami heading in the other direction should be indicative of the real situation.
Some comments from Democratic economist Charles Schultze regarding outsourcing:
Schultze: It is clear that offshoring has had a relatively modest impact on unemployment when compared to all the other economic factors that create and destroy jobs week by week in the U.S. economy.
He also said that offshoring only holds down US job growth in the short run. Over time, he said it is beneficial:
Schultze: In the short run, an increase in offshoring reduces U.S. job growth. But in the long run it improves the standard of living, increases real wages, and increases the country's economic growth.
and...THE FACTS ABOUT INSOURCING
U.S. subsidiaries employ 5.4 million Americans.
U.S. subsidiaries support an annual payroll of $307 billion and pay, on average, 31% more than all U.S. companies.
U.S. subsidiaries heavily invest in the American manufacturing sector. 34% of the jobs at U.S. subsidiaries are in manufacturing -- more than double the proportion of manufacturing at all U.S. companies.
U.S. subsidiaries manufacture in America to export goods around the world -- accounting for over 20% of all U.S. exports.
New foreign direct investment (FDI) in the U.S. totaled $39.9 billion in 2003.
In 2003, U.S. subsidiaries reinvested $38.6 billion in their U.S. operations.
U.S. Subsidiaries have spent $27.5 billion on U.S. research and development activities.
Cath, crank: we've already established that more jobs are sent to the US by foriegn countries then are sent abroad by american companies. So if our jobs leaving is a 'tsunami' what should we call all the jobs coming over here? Armaggedon? Giant meteor? I don't know. How about we call the jobs leaving a minor tidal wave, that could possibly destroy a young childs sand castle, and the jobs coming here could be a tsunami.
Address and refute the comment then, Cranky.
^Comment should be "ballot."
100 jobs? 100 jobs?
Zerhog wrote: "In light of all the outsourcing fears do you think japan should start worrying about americans stealing all their car manufacturing jobs?"
Over 100 jobs! LOL!!!! Regardless of your intent, this ballot is ridiculous.
This is merely one example crank. What do you have to say to the *fact that more jobs are sent to the US then are being sent away?
Uh-oh outsourcing is supposed to take all the good jobs away and give them to underpaid and exploited workers in the Third World. How dare you to shatter my preconceived notions you bastard.!!!
Almost every source of record has said that there is a net gain of jobs in the US due to outsourcing.
Oh yes, let's please get our panties in a bunch about some "telemarketing" jobs going overseas. Really, leave the rhetoric and look at the numbers and I will give you the sources if you want them.
The big lie that conservatives are using is to confuse foreign direct investment with outsourcing. They pull a bait-and-switch: pretend to address outsourcing but really talk about direct foreign investment. It's a good scam, and fools a lot of the chumps.
100 jobs. WOW!
And with 100 new jobs gained per new factory, all we would need to get back the 3 million manufacturing jobs lost since 1998 would for the Japanese to open up 30,000 new plants in the US. How simple is that? That's only 600 new factories per state. Our problems are solved.
Crank: so you refuse to acknowledge the fact that more jobs are sent to the US then are sent away? Just want to make sure I know your stance on this: denying reality because it is politicly inconvienent.
No, Zerhog, what I'm acknowledging is that conservatives are scamming when they intentionally mix outsourcing numbers with foreign direct investment. The two aren't the same thing, but once the rose-colored glasses conservatives get done cooking the numbers they magically become the same thing!
And at 100 jobs per factory, America's problems will be solved in no time.
Wow crank, the facts really do seem to be your enemy. Better deny them all and blame it on some conservative conspiracy/attack them with sarcasm. You know perfectly well the US recieves more jobs than it loses. This is a fact that not even the staunchest anti-bush liberal will deny.
And with 100 new jobs gained per new factory, all we would need to get back the 3 million manufacturing jobs lost since 1998 would for the Japanese to open up 30,000 new plants in the US. How simple is that? That's only 600 new factories per state. Our problems are solved.
by cranky on May 19, 2005
A fact that many in the US and especially around the world do not know is this:
The US is the largest EXPORTER in the world. Slightly over 65% of eveytying we export is a MANUFACTURED good. This whole notion that we don't make anything anymore is ridiculous. For every $8 million dollars in world trade, the US accounts for $2 million of those dollars. I just think its important to also point out that manufacturing in the US is at historically high levels and experts estimate that those levels exceed 1950's levels, which were peak.
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