Food Stamp Nation: USA

Quote from clearinghouse:

As much as I dislike the democrats, the republicans are at fault too. That Saucedo lady is right when she says she works full time but can't afford the basics.
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Since when is working 26 hours a week full time???
 
Quote from Random.Capital:

They are also a way of keeping people fat enough to stay off the streets. It is much cheaper to provide food stamps than to police mobs of hungry people.
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I made the same point on this forum about 3 years ago and was nearly crucified. If some of the respondents could have crawled through the cable and murdered me, I'm sure they would have done so :)

It's true, though. We have a set of bad alternatives, and we must choose the least bad among them. Feeding people is probably it.

As for the above comment about teaching a man to fish, it is a fine idea, but unfortunately there are many who cannot be taught. To catch fish, you must first believe that you might be able to do so. If failure, negativity, and the impossibility of mobility are ingrained in your mindset, you won't even listen to a person trying to give you a rod and some bait.
 
To get jobs back from abroad you either have to put tariffs on labor intensive goods or wait for the labor market to clear.

Things that keep the market from clearing. Asset inflation - mainly living. Minimum wage.

With free markets (theoretical) it should be that things cost as much to produce in the US as in Asia (plus transport costs). As of now people can't survive on the wages of that equilibrium. You can't offer someone 1$/hour.

After painful structural changes, the US most likely is facing during the next decade, we should see full "natural" employement. However, living standards will be much lower (the direction is convergance with China). Obviously political decisions will affect timeline and outcome.
 
zdreg

Registered: Oct 2003
Posts: 6306



08-10-11 09:51 PM
Table 8: China's Top Export Destinations, 2010 ($ billion)
Source: PRC General Administration of Customs, China's Customs Statistics
Rank Country/region Volume % change over 2009
1 United States 283.3 28.3
2 Hong Kong 218.3 31.3
3 Japan 121.1 23.7
4 South Korea 68.8 28.1
5 Germany 68.0 36.3
6 The Netherlands 49.7 35.5
7 India 40.9 38.0
8 United Kingdom 38.8 24.0
9 Singapore 32.3 7.6
10 Italy 31.1 53.8


Table 9: China's Top Import Suppliers, 2010 ($ billion)
Source: PRC General Administration of Customs, China's Customs Statistics
Rank Country/region Volume % change over 2009
1 Japan 176.7 35.0
2 South Korea 138.4 35.0
3 Taiwan 115.7 35.0
4 United States 102.0 31.7
5 Germany 74.3 33.4
6 Australia 60.9 54.1
7 Malaysia 50.4 55.9
8 Brazil 38.1 34.7
9 Thailand 33.2 33.3
10 Saudi Arabia


americans should stop whining and produce goods that china wants.

take a look at the numbers japan, australia , germany and brazil are running trade surpluses with china.

https://www.uschina.org/statistics/tradetable.html
 
americans should stop whining and produce goods that china wants
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food
US should stop their idiotic ethanol program. grow and export damn corn,not just burn it. stop subsidize damn farmers. let them produce as much as they can. jim rogers is right.
 
Quote from drcha:

...............As for the above comment about teaching a man to fish, it is a fine idea, but unfortunately there are many who cannot be taught. To catch fish, you must first believe that you might be able to do so. If failure, negativity, and the impossibility of mobility are ingrained in your mindset, you won't even listen to a person trying to give you a rod and some bait.
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Excellent point. One must be willing to change.
 
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