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Unemployment 10.2%
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<blockquote data-quote="Bez+" data-source="post: 713181" data-attributes="member: 6797"><p>With a population of about 350 million people that would mean there are more people unemployed in the United States than exist in total in Canada which has a population of around 32 million. Tell them this - if they are healthy and able - join the Army - serve their country and pay back some of what they have been given. There must be at least 40% of that population that is able bodied.</p><p></p><p>I do not see it getting better - in fact I see it getting worse. Simply because as times get tougher people in the US tend to look inward. That simply does not work today.</p><p></p><p>Buy American - sounds great doesn't it?</p><p></p><p>Unfortunately that also means your manufacturers will have to look elsewhere for their widgets. And they will have to pay more for them. Which means they have less disposable income - which means they either pay less or lay people off. In todays economy the entire western world has integrated to provide "just in time" delivery of essential parts and pieces to build widgets. When you cannot get them because they are purchased off shore - then you are in trouble.</p><p></p><p>Silly examples exist as well. Ripping installed piping out of walls in a naval base in southern Californis because it was made in Canada and re-installing American piping. Simple fiscal irresponsibility. When your local baker has to use local wheat for his bread - it sounds great. But when he buys wheat from a foreign country he is able to produce that CHEAP FOOD everyone wants. When he cannot find that cheap wheat and is forced to buy expensive wheat he increases pricing or lays off employees. (Just a hypothetical example folks - I do not know wheat costs and for sure some nit picker will tell me it is cheaper to buy US wheat)</p><p></p><p>You who actually make a living on cattle - and there are a small number here - do not like it when you have to sell at a low price. In fact I do not like it either - but you compete on a foreign market. Close those doors and force your folks to buy American and watch the prices go up. And the resulting consumption drop as even more switch to chicken and pork.</p><p></p><p>You folks who buy a pallet of wire for fencing - or drugs for vaccinations or shovels to dig post holes - well we all talk a good story - but beach about pricing. If you have equal quality products - side by side on the shelf and one is 40% more than the other - the cheap one being foreign made - the expensive one being US made - which one you going to buy?</p><p></p><p>If you tell me you will always buy US made - then you are a poor businessman or a liar - you will go to the PRICE based decision - your own margins are too small unless you are a hobby guy and do not care because it is such a small part of your life. If you lose that choice then you lose a lot of ability to make sound financial decisions.</p><p></p><p>You cannot close the doors - looking only inward - and then increase your national debt load by nearly 100% and expect your economy to grow- already your dollar has fallen drastically. I see it in my own pay cheque as I am paid in US bucks - the value of my pay cheque has dropped by more than 15% in buying power in the past couple of months and the US dollar is in danger of losing its preferred international currency status to the Euro. </p><p></p><p>I took this from another web site a long time ago and have lost the authors name - but he said it quite well: </p><p></p><p><em>Buy American" provisions make sense politically, because they create huge political payoffs for elected officials who protect jobs in domestic industries. But, economically, Buy American rules, like all forms of trade protectionism, make no sense at all, since research shows that for every job protected and saved, about two jobs are lost.</em></p><p><em></em></p><p><em>Why? Because Buy American provisions and tariffs protect inefficient domestic producers from more efficient foreign rivals. Take steel manufacturers. American firms that buy domestic steel are forced to charge consumers more. So retail sales decline, and thousands of jobs are then lost in countless industries that use steel as raw material.</em></p><p><em></em></p><p><em>And as American consumers and companies are forced to pay higher prices for products with domestic steel, they have less money to spend on other purchases. That's billions of dollars in sales lost to other industries, resulting in lower production and even fewer jobs.</em></p><p><em></em></p><p><em>Protectionism also provokes retaliation. This weekend, representatives of Canadian cities, upset with the "Buy American" rules, voted for "Buy Canadian" policies that could block American companies from bidding on city contracts. The inevitable result will be a decline in trade with our largest trading partner, and a loss of yet more American jobs.</em></p><p></p><p>You need some serious changes in the way you do business - and one of them is to not ignore your trading partners - Canada is your largest - with who you do over a BILLION DOLLARS A DAY IN TRADE or it may - no - it will - come back to haunt you with even higher unemployment. Your country is NOT an island and your politicians have done well to get you thinking it is - at a serious cost to many who now wonder how they will keep feeding not only their families, but themselves</p><p></p><p>Regards</p><p></p><p>Bez+</p></blockquote><p></p>
[QUOTE="Bez+, post: 713181, member: 6797"] With a population of about 350 million people that would mean there are more people unemployed in the United States than exist in total in Canada which has a population of around 32 million. Tell them this - if they are healthy and able - join the Army - serve their country and pay back some of what they have been given. There must be at least 40% of that population that is able bodied. I do not see it getting better - in fact I see it getting worse. Simply because as times get tougher people in the US tend to look inward. That simply does not work today. Buy American - sounds great doesn't it? Unfortunately that also means your manufacturers will have to look elsewhere for their widgets. And they will have to pay more for them. Which means they have less disposable income - which means they either pay less or lay people off. In todays economy the entire western world has integrated to provide "just in time" delivery of essential parts and pieces to build widgets. When you cannot get them because they are purchased off shore - then you are in trouble. Silly examples exist as well. Ripping installed piping out of walls in a naval base in southern Californis because it was made in Canada and re-installing American piping. Simple fiscal irresponsibility. When your local baker has to use local wheat for his bread - it sounds great. But when he buys wheat from a foreign country he is able to produce that CHEAP FOOD everyone wants. When he cannot find that cheap wheat and is forced to buy expensive wheat he increases pricing or lays off employees. (Just a hypothetical example folks - I do not know wheat costs and for sure some nit picker will tell me it is cheaper to buy US wheat) You who actually make a living on cattle - and there are a small number here - do not like it when you have to sell at a low price. In fact I do not like it either - but you compete on a foreign market. Close those doors and force your folks to buy American and watch the prices go up. And the resulting consumption drop as even more switch to chicken and pork. You folks who buy a pallet of wire for fencing - or drugs for vaccinations or shovels to dig post holes - well we all talk a good story - but beach about pricing. If you have equal quality products - side by side on the shelf and one is 40% more than the other - the cheap one being foreign made - the expensive one being US made - which one you going to buy? If you tell me you will always buy US made - then you are a poor businessman or a liar - you will go to the PRICE based decision - your own margins are too small unless you are a hobby guy and do not care because it is such a small part of your life. If you lose that choice then you lose a lot of ability to make sound financial decisions. You cannot close the doors - looking only inward - and then increase your national debt load by nearly 100% and expect your economy to grow- already your dollar has fallen drastically. I see it in my own pay cheque as I am paid in US bucks - the value of my pay cheque has dropped by more than 15% in buying power in the past couple of months and the US dollar is in danger of losing its preferred international currency status to the Euro. I took this from another web site a long time ago and have lost the authors name - but he said it quite well: [i]Buy American" provisions make sense politically, because they create huge political payoffs for elected officials who protect jobs in domestic industries. But, economically, Buy American rules, like all forms of trade protectionism, make no sense at all, since research shows that for every job protected and saved, about two jobs are lost. Why? Because Buy American provisions and tariffs protect inefficient domestic producers from more efficient foreign rivals. Take steel manufacturers. American firms that buy domestic steel are forced to charge consumers more. So retail sales decline, and thousands of jobs are then lost in countless industries that use steel as raw material. And as American consumers and companies are forced to pay higher prices for products with domestic steel, they have less money to spend on other purchases. That's billions of dollars in sales lost to other industries, resulting in lower production and even fewer jobs. Protectionism also provokes retaliation. This weekend, representatives of Canadian cities, upset with the "Buy American" rules, voted for "Buy Canadian" policies that could block American companies from bidding on city contracts. The inevitable result will be a decline in trade with our largest trading partner, and a loss of yet more American jobs.[/i] You need some serious changes in the way you do business - and one of them is to not ignore your trading partners - Canada is your largest - with who you do over a BILLION DOLLARS A DAY IN TRADE or it may - no - it will - come back to haunt you with even higher unemployment. Your country is NOT an island and your politicians have done well to get you thinking it is - at a serious cost to many who now wonder how they will keep feeding not only their families, but themselves Regards Bez+ [/QUOTE]
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