What is going to happen to this country when all of our jobs are shipped over seas?

Question

Will we still have education to fall back on? Well, China and India have excellant educational systems, yet jobs are scarce!!! Globalization, will it ensure that America becomes a 2 class country? made up of haves, and have nots!!! Some will argue that it provides jobs for workers in 3rd world countries, and I am certain that the fact that the average worker in China earns between 20-25CENTS an hour has nothing to do with it. Corporations are getting cheap labor, GREAT!!! What happens when Americans can no longer afford to buy their products, because, we have NO JOBS?? Haven't you ever heard that industry is the back bone of American society??? By the way, were you aware of the fact that AMERICA is #1 in incarceration rates right now??? Hmmm you don't think people being incarcerated in any way covers up our HIGH UNEMPLOYMENT RATES do you??? mmm...

Answer 1

With China owning so many of our loans, who is really in the economic driver's seat?  China exports dangerous goods made by cheap labor.  Seems their machine is working just fine.  They don't care about their people, so what does it matter to them if their people get paid 25 cents an hour?  It's not much better in Mexico or Korea.  How did we get in this predicament?  By not taking care of our own.  And, I don't mean by welfare and food stamps.  Most Americans want to work and take care of their families through a fair paying job. However, US corporations have sought to outsource jobs for cheaper labor.  Now our enemies have our money and our jobs.  When will we stand up as a country and say, "enough!"     If everyone were to say "enough" to high gas prices, things would change.  They really would.  But, we keep thinking the politicians will move us forward and nothing changes.  Every American should read the Constitution again, especially the part that ties in to the government being "of the people, by the people and for the people."

Answer 2

Just in case you haven’t already noticed, whenever a policy proposal is made that would increase self-reliance and decrease dependency on government you will find the Democrats lined up against it every single time.

Do we need a history refresher course to remember just how many governments worldwide murdered millions of their own unarmed or disarmed citizens

Answer 3

I fear we may become a third world country.

Answer 4

It is not just China.

The UK's BP bought Amoco for $48 billion - now Amoco's profits go to England.

Deutsche Telekom bought VoiceStream Wireless,

Random House, Allied Signal, Chrysler, Doubleday, Cyprus Amax's US Coal Mining Operations, GTE/Sylvania, and Westinghouse's Power so their profits go to Germany.

Ralston Purina's profits go to Switzerland, along with Gerber's;

TransAmerica's profits go to The Netherlands,

John Hancock Insurance's profits go to Canada.

American Bankers Insurance Group is owned now by Fortis AG in Belgium.

Foreign companies are buying up USA water systems, power generating systems,  mines, and  few remaining factories.

US Government statistics indicate the following percentages of FOREIGN OWNERSHIP of American industry:

Sound recording industries - 97%

· Commodity contracts dealing and brokerage - 79%

· Motion picture and sound recording industries - 75%

· Metal ore mining - 65%

· Motion picture and video industries - 64%

· Wineries and distilleries - 64%

· Database, directory, and other publishers - 63%

· Book publishers - 63%

· Cement, concrete, lime, and gypsum product - 62%

· Engine, turbine and power transmission equipment - 57%

· Rubber product - 53%

· Nonmetallic mineral product manufacturing - 53%

· Plastics and rubber products manufacturing - 52%

· Plastics product - 51%

· Other insurance related activities - 51%

· Boiler, tank, and shipping container - 50%

· Glass and glass product - 48%

· Coal mining - 48%

· Sugar and confectionery product - 48%

· Nonmetallic mineral mining and quarrying - 47%

· Advertising and related services - 41%

· Pharmaceutical and medicine - 40%

· Clay, refractory, and other nonmetallic mineral products - 40%

· Securities brokerage - 38%

· Other general purpose machinery - 37%

· Audio and video equipment mfg and reproducing magnetic and optical media - 36%

· Support activities for mining - 36%

· Soap, cleaning compound, and toilet preparation - 32%

· Chemical manufacturing - 30%

· Industrial machinery - 30%

· Securities, commodity contracts, and other financial investments and related activities - 30%

· Other food - 29%

· Motor vehicles and parts - 29%

· Machinery manufacturing - 28%

· Other electrical equipment and component - 28%

· Securities and commodity exchanges and other financial investment activities - 27%

· Architectural, engineering, and related services - 26%

· Credit card issuing and other consumer credit - 26%

· Petroleum refineries (including integrated) - 25%

· Navigational, measuring, electromedical, and control instruments - 25%

· Petroleum and coal products manufacturing - 25%

· Transportation equipment manufacturing - 25%

· Commercial and service industry machinery - 25%

· Basic chemical - 24%

· Investment banking and securities dealing - 24%

· Semiconductor and other electronic component - 23%

· Paint, coating, and adhesive - 22%

· Printing and related support activities - 21%

· Chemical product and preparation - 20%

· Iron, steel mills, and steel products - 20%

· Agriculture, construction, and mining machinery - 20%

· Publishing industries - 20%

· Medical equipment and supplies - 20%

Everything today is driven by profits for multinationals, supported by the lawmaking power of the WTO.

When the dollar is weak, the following (bad) things happen:

the price of food, fuel, imports, and so on (no more vacations in Europe) goes up. The value of the stock market, real estate, and just about all other American assets goes down. Interest rates are higher.

Tax rates can be higher, to cover the increased cost of financing the national debt.

The only benefit is that American-made goods become cheaper for foreigners, which helps create new jobs and can raise the value of export-oriented American firms (winemakers in California, producers of medical devices in New England).

China is just COMMIES that makes it easy target for bashing and divert you from the real picture.

Answer 5

"American" companies have been "outsourcing" jobs for at least 20 years--maybe more.

America "outsourced" jobs to Germany before WWI, and supported the Japanese before WWII. American "government" and "education" is supporting the Chinese now.

America will be sending many athletes to participate in the Olympics in China. Many American schools have classes in Chinese, and promote student trips to China.

Americans have given their approval to China. We deserve anything China gives us.

Answer 6

when all of the ojbs go over seas we will be in trouuble and will try to nuke other prople and the whole world will be desttroyed.