What can the U.S> do to stop the over-dependence on outsourcing?

[QUOTE="Mafiree"][QUOTE="KC_Hokie"]No...if everyone devalues at the same time nothing changes. It's called a currency war.KC_Hokie

[QUOTE="Mafiree"][QUOTE="KC_Hokie"]No...if everyone devalues at the same time nothing changes. It's called a currency war.KC_Hokie

Kc, thoughts on general tariffs?dave123321

[QUOTE="Mafiree"][QUOTE="KC_Hokie"]No..if every country is devaluing their currency 5% and you follow....the status quo doesn't change. Nothing was solved except a currency war which often results in a trade war including protections, tariffs, etc.KC_Hokie

[QUOTE="KC_Hokie"][QUOTE="Mafiree"] Wow.......... Without currency manipulation your exports fall. So, what does currency manipulation do............Mafiree

[QUOTE="Mafiree"][QUOTE="KC_Hokie"]My point is if everyone drops the same percentage the status quo doesn't change. A country's wealth or purchasing power doesn't change. So nothing gets solved.KC_Hokie

[QUOTE="Mafiree"][QUOTE="KC_Hokie"]My point is if everyone drops the same percentage the status quo doesn't change. A country's wealth or purchasing power doesn't change. So nothing gets solved.KC_Hokie

[QUOTE="KC_Hokie"][QUOTE="Mafiree"] "Every country is devaluing their currency right now except Switzerland trying to increase exports. It's not working since everyone is doing it." Well........That was your quote..... EmpCom

[QUOTE="Mafiree"][QUOTE="KC_Hokie"]Yea. Just like I said every reserve currency in the world is attempting the same thing in terms of currency devaluing. So nothing will get solved by copying that devaluing. KC_Hokie

[QUOTE="KC_Hokie"][QUOTE="Mafiree"] And by doing so they are increasing their exports relative to no action. So it "is" working........Canon-Gatorade

[QUOTE="KC_Hokie"][QUOTE="Mafiree"] And by doing so they are increasing their exports relative to no action. So it "is" working........Canon-Gatorade

[QUOTE="Canon-Gatorade"][QUOTE="KC_Hokie"]The status quo for fixing the economy isn't going to work. KC_Hokie

This is absolutely true. 

But we should've had this all the time, not just now because it's competitive.  And it's not about competitiveness as much as success and a blooming economy.

But you are right about less government.

[QUOTE="KC_Hokie"]

[QUOTE="Canon-Gatorade"]Ok, so what WOULD work?GOGOGOGURT

This is absolutely true. 

But we should've had this all the time, not just now because it's competitive.  And it's not about competitiveness as much as success and a blooming economy.

But you are right about less government.

So we're in a WOS over the next four years.

[QUOTE="Canon-Gatorade"][QUOTE="KC_Hokie"]The status quo for fixing the economy isn't going to work. EmpCom

[QUOTE="EmpCom"][QUOTE="Canon-Gatorade"] Ok, so what WOULD work?Canon-Gatorade

[QUOTE="EmpCom"][QUOTE="Canon-Gatorade"] Ok, so what WOULD work?Canon-Gatorade

[QUOTE="GOGOGOGURT"]

[QUOTE="KC_Hokie"]The world is more competitive than it's ever been. So in order to be more competitive we need less government (fewer taxes, size of government, regulations, as percentage of economy).Get a higher percentage of our economy being non-government. Government as a percent of GDP is 10% higher than it was in the 90s.

KC_Hokie

This is absolutely true. 

But we should've had this all the time, not just now because it's competitive.  And it's not about competitiveness as much as success and a blooming economy.

But you are right about less government.

So we're in a WOS over the next four years.

Actually, no politicians have the balls to make cuts to actually make a difference.  It's going to have to get a lot worse for that to happen.

[QUOTE="Mafiree"][QUOTE="KC_Hokie"]Yea. Just like I said every reserve currency in the world is attempting the same thing in terms of currency devaluing. So nothing will get solved by copying that devaluing. KC_Hokie

[QUOTE="KC_Hokie"]

[QUOTE="GOGOGOGURT"]

 

This is absolutely true. 

 

But we should've had this all the time, not just now because it's competitive.  And it's not about competitiveness as much as success and a blooming economy.

 

But you are right about less government.

GOGOGOGURT

So we're in a WOS over the next four years.

Actually, no politicians have the balls to make cuts to actually make a difference.  It's going to have to get a lot worse for that to happen.

Wish that guy could take over.

[QUOTE="GOGOGOGURT"]

[QUOTE="KC_Hokie"]Problem is Obama doesn't understand the concept of less government and less spending. Competition to him means spending or 'investing' taxpayers money into his pet projects.

So we're in a WOS over the next four years.

KC_Hokie

Actually, no politicians have the balls to make cuts to actually make a difference.  It's going to have to get a lot worse for that to happen.

Wish that guy could take over.

If only he walked the talk.

[QUOTE="Canon-Gatorade"][QUOTE="EmpCom"] Do you ever do anything but ask ?EmpCom

[QUOTE="KC_Hokie"]

[QUOTE="GOGOGOGURT"]

 

This is absolutely true. 

 

But we should've had this all the time, not just now because it's competitive.  And it's not about competitiveness as much as success and a blooming economy.

 

But you are right about less government.

GOGOGOGURT

So we're in a WOS over the next four years.

Actually, no politicians have the balls to make cuts to actually make a difference.  It's going to have to get a lot worse for that to happen.

[QUOTE="KC_Hokie"]

[QUOTE="GOGOGOGURT"]

 

Actually, no politicians have the balls to make cuts to actually make a difference.  It's going to have to get a lot worse for that to happen.

GOGOGOGURT

Wish that guy could take over.

If only he walked the talk.

[QUOTE="EmpCom"][QUOTE="Canon-Gatorade"] \ There's a reason why I am asking, you will find out how important what I am doing is during these next 3ish years.Canon-Gatorade

[QUOTE="Canon-Gatorade"][QUOTE="EmpCom"] I bet i dontEmpCom

[QUOTE="GOGOGOGURT"]

[QUOTE="KC_Hokie"]"Era of big government is over" - President Bill Clinton, 1996

Wish that guy could take over.

KC_Hokie

If only he walked the talk.

[QUOTE="KC_Hokie"][QUOTE="GOGOGOGURT"]

 

If only he walked the talk.

Canon-Gatorade

People now think of Obama as being charismatic and all but in the future people will look back and see huge government, government spending up, mishandled economy, pet projects that went bankrupt, etc.

[QUOTE="EmpCom"][QUOTE="Canon-Gatorade"] It will unless you love Obama and want another one of him running for office.Canon-Gatorade

[QUOTE="Mafiree"][QUOTE="KC_Hokie"]The status quo for fixing the economy isn't going to work. KC_Hokie

[QUOTE="Canon-Gatorade"][QUOTE="EmpCom"] Yeah because anything you do will have any impact on who is or is not elected in the us, EmpCom

[QUOTE="Canon-Gatorade"][QUOTE="KC_Hokie"]He did. He reduced the size of government and government spending was low. He reduced taxes such as the capital gains taxes which sparked investment in the economy. KC_Hokie

People now think of Obama as being charismatic and all but in the future people will look back and see huge government, government spending up, mishandled economy, pet projects that went bankrupt, etc.

[QUOTE="KC_Hokie"][QUOTE="Mafiree"] And making it worse isn't a better course of action..........Mafiree

We should target a high tech economy. And having a higher purchasing power relative to the world won't hurt us at all in that area. It would allow our standard of living to remain while potentially dropping elsewhere as well.

I don't see anything good from matching the devaluation going on. It's not like we export much anyways. And what we do (commodities, planes, high tech, etc.) have little competition anyways.

this thread got weird.

this thread got weird.

MakeMeaSammitch

[QUOTE="EmpCom"][QUOTE="Canon-Gatorade"] Yes it could. But since the point is flying right by you, I'll just get back on topic, I am sensing negative vibes.Canon-Gatorade

this thread got weird.

MakeMeaSammitch

[QUOTE="Canon-Gatorade"][QUOTE="EmpCom"] And i sense you may have an overinflated idea of your own importance but is this due to a low iq or a young ageEmpCom

[QUOTE="Mafiree"][QUOTE="KC_Hokie"]Why would it be worse if our purchasing power went up while simultaneously cutting government and government spending?KC_Hokie

We should target a high tech economy. And having a higher purchasing power relative to the world won't hurt us at all in that area. It would allow our standard of living to remain while potentially dropping elsewhere as well.

I don't see anything good from matching the devaluation going on. It's not like we export much anyways. And what we do (commodities, planes, high tech, etc.) have little competition anyways.

[QUOTE="EmpCom"][QUOTE="Canon-Gatorade"] So what you are saying is that say.... For example, just for example, if Mitt Romney where to run again in 2006, he would have no impact on who is or is not elected?Canon-Gatorade

[QUOTE="KC_Hokie"]

[QUOTE="Mafiree"] If US currency can buy more goods in south-east Asia that will only exasperate the supposed problem (outsourcing)........EmpCom

We should target a high tech economy. And having a higher purchasing power relative to the world won't hurt us at all in that area. It would allow our standard of living to remain while potentially dropping elsewhere as well.

I don't see anything good from matching the devaluation going on. It's not like we export much anyways. And what we do (commodities, planes, high tech, etc.) have little competition anyways.

We should target a high tech economy. And having a higher purchasing power relative to the world won't hurt us at all in that area. It would allow our standard of living to remain while potentially dropping elsewhere as well.

I don't see anything good from matching the devaluation going on. It's not like we export much anyways. And what we do (commodities, planes, high tech, etc.) have little competition anyways.

[QUOTE="Canon-Gatorade"][QUOTE="EmpCom"] 1, You are not mitt romney 2, You mean 2016 not 2006EmpCom

[QUOTE="KC_Hokie"][QUOTE="EmpCom"] Yeah its not like as you say you export much being the worlds 2nd largest exporterEmpCom

So if we didn't devalue our currency as well it wouldn't hurt the few industries we do export. And it's not going to be a significant increase in purchasing power if we don't devalue our currency in the first place.

[QUOTE="EmpCom"][QUOTE="Canon-Gatorade"] If you replace mitt romney with some random person running it's the same thing, they do have an impact.Canon-Gatorade

[QUOTE="Mafiree"][QUOTE="KC_Hokie"]Why would it be worse if our purchasing power went up while simultaneously cutting government and government spending?KC_Hokie

We should target a high tech economy. And having a higher purchasing power relative to the world won't hurt us at all in that area. It would allow our standard of living to remain while potentially dropping elsewhere as well.

I don't see anything good from matching the devaluation going on. It's not like we export much anyways. And what we do (commodities, planes, high tech, etc.) have little competition anyways.