Why is the U.S. worker getting left out of the global economic rebound?
Question by gws35: Why is the U.S. worker getting left out of the global economic rebound?
http://www.washingtonpost.com/wp-dyn/content/article/2010/08/26/AR2010082606375.html?wprss=rss_business/economy
Flow of imports drags down economic growth
Thursday, August 26, 2010
“A widening U.S. trade deficit has become a substantial drag on economic growth as the country’s exports struggle to keep pace with the swelling sums that Americans are again spending on imported goods.
“The rise in the trade deficit, including an abrupt 16 percent spike in June, is a chief reason economists are downgrading estimates for recent U.S. economic growth.
“Officials at Cummins Inc., the Indiana-based engine and power-system maker, say business is booming in such places as China and India, but the new orders for its equipment are largely being met at the firm’s factories outside the United States.
“Almost everything we sell in China is made in China, and those factories are at capacity right now,” spokesman Mark Land said. “The strength in those markets helps us overall, but our manufacturing capacity creates a limited need to export.”
”
http://news.yahoo.com/s/ap/us_overseas_hiring
Where are the jobs? For many companies, overseas
Tue Dec 28, 2010
“Corporate profits are up. Stock prices are up. So why isn’t anyone hiring?
“Actually, many American companies are — just maybe not in your town. They’re hiring overseas, where sales are surging and the pipeline of orders is fat.
“More than half of the 15,000 people that Caterpillar Inc. has hired this year were outside the U.S. UPS is also hiring at a faster clip overseas. For both companies, sales in international markets are growing at least twice as fast as domestically.
“The trend helps explain why unemployment remains high in the United States, edging up to 9.8 percent last month, even though companies are performing well: All but 4 percent of the top 500 U.S. corporations reported profits this year, and the stock market is close to its highest point since the 2008 financial meltdown.
“But the jobs are going elsewhere. The Economic Policy Institute, a Washington think tank, says American companies have created 1.4 million jobs overseas this year, compared with less than 1 million in the U.S. The additional 1.4 million jobs would have lowered the U.S. unemployment rate to 8.9 percent, says Robert Scott, the institute’s senior international economist.
“There’s a huge difference between what is good for American companies versus what is good for the American economy,” says Scott.”
Business is booming all over the world, except the USA. Jobs are being created, but not in the USA.
Even U.S. companies created more jobs outside the USA than at home.
The Democrats have been in total control for two years – why is this still happening?
They can’t blame Bush anymore (and certainly not Reagan….).
Best answer:
Answer by Dave87gn
corporations are hiring overseas because those countries have no health or safety standards, and no minimum wage requirements
basically its a race to the bottom
Add your own answer in the comments!
Global Parasite ‘Herdcull’ (soundcheck)
Global Parasite doing “Herd Cull” in soundcheck at The Dudley Arms, Rhyl on Friday August 14th, first night of their summer 2009 UK tour with Kill Youth Culture. Can’t hear lead guitar or backing vocals very well but there’s fuck all we can do about it now is there? Also, listen to our drunken friend Ivor at the start of the video bein’ Ivor! Lyrics: ” Vision of darkness, new world order, Propaganda matrix, seeds of slaughter, Chemtrail virus, airborne ebola, Planet is burning, conveniant disorder! H5N1 pandemic! H1N1 pandemic! Theyre watchin us, go through different stages, Were goin down, the sheep are vaccinated, Off on the trains, a long time dead, Not for our safety, so easily led! H5N1 pandemic! H1N1 pandemic! Rothschild’s got the cure but he wont be giving it to you or me! HERD CULL! ” ~Song written by Global Parasite in February 2009. This song will be on the forthcoming album coming in April 2010 entitled Memento Mori www.myspace.com ‘Oh, i have to or i lose my job’, well then, be a good little drone and roll your sleeve up and stick your arm out for some lovely squalene-based adjuvants that cause a host of annoying to life-threatening auto-immune diseases, cultured on cancerous Green Monkey kidney’s and dead baby retina’s (do you have to cusume a human orally to be a cannibal)? Please neither just believe us, nor just dismiss what we say, RESEARCH for yourself! Question Everything!!! Baxter Laboratories – IG Farben – House of Rothschild – House of Saxe Coburg …
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Internet Censorship: Major Truth-Providing Websites Blocked By Asia Netcom To New Zealand Users Clare Swinney www.infonews.co.nz Sunday, February 7th, 2010 Has Chinese-style internet censorship arrived in New Zealand this year? The question is posed because two major news websites, Infowars.com and Prisonplanet.com, both of which are run by documentary maker and radio show host Alex Jones, who is renowned for exposing the truths the mainstream media attempts to conceal, were found to be have been selectively blocked on Friday evening and were still unavailable at the time of writing. Thankfully, this draconian measure does not effect all internet users in New Zealand however. It appears to be confined to those whose internet server providers, (ISPs), use Asia Netcom for their international internet traffic. Telstraclear, Vodafone and Worldxchange Communications users are not effected, while Woosh, Orcon, Slingshot, Telecom and Ihug users are. An avid fan of Infowars.com and a 9/11 truth activist, Jeff Mitchell, reported on Saturday that he contacted his ISP, Orcon, to establish what was causing the block, and was advised by a computer technician who did a traceroute, that the break in traffic to the two websites was found to be occurring at Asia Netcoms router in Sydney. This technician also advised that as Telstraclear used a different route, their customers were still able to access the two sites. There have been calls for the Internet to be censored and controlled and …
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Propaganda Matrix- Cairo: Anger starting to focus on Israel, US: http://bit.ly/gsKV1A @mikes_web_page – by MIKES_WEB_PAGE (mikeswebpage)
Dr. Michael Coffman on Alex Jones 2of4: “Global warming fraud, for taxation, social control”
www.green-agenda.com www.infowars.com www.prisonplanet.com www.prisonplanet.tv FAIR USE NOTICE: This video contains copyrighted material the use of which has not always been specifically authorized by the copyright owner. We are making such material available in our efforts to advance understanding of issues of ecological and humanitarian significance. We believe this constitutes a ‘fair use’ of any such copyrighted material as provided for in section 107 of the US Copyright Law. In accordance with Title 17 USC Section 107, the material in this video is distributed without profit to those who have expressed a prior interest in receiving the included information for research and educational purposes. For more information go to: www.law.cornell.edu lf you wish to use copyrighted material from this site for purposes of your own that go beyond ‘fair use’, you must obtain permission from the copyright owner.
08/20/2008 Paul Joseph Watson joins Alex to discuss the topics of the day: the possibility of another false flag attack being perpetrated by Georgia, the general scenario in the Caucasus, the march of the police state in Britain, aspartame, fluoride and the done-by-design dumbing down of the public. www.infowars.com www.prisonplanet.com www.prisonplanet.tv www.propagandamatrix.com www.jonesreport.com www.infowars.net www.truthnews.us FAIR USE NOTICE: This video contains copyrighted material the use of which has not always been specifically authorized by the copyright owner. We are making such material available in our efforts to advance understanding of issues of ecological and humanitarian significance. We believe this constitutes a ‘fair use’ of any such copyrighted material as provided for in section 107 of the US Copyright Law. In accordance with Title 17 USC Section 107, the material in this video is distributed without profit to those who have expressed a prior interest in receiving the included information for research and educational purposes. For more information go to: www.law.cornell.edu lf you wish to use copyrighted material from this site for purposes of your own that go beyond ‘fair use’, you must obtain permission from the copyright owner.
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Propaganda Matrix- Americans Oppose Government Efforts To Take Over Internet: http://bit.ly/hi8juk @mikes_web_page – by MIKES_WEB_PAGE (mikeswebpage)
Alex Jones Exclusive 1/5: David Icke On The Global Awakening
filmed in Phoenix Arizona, lecturer and author David Icke explains how the panic-stricken elite are desperate to put the lid back on a global awakening that is stalling their agenda for world domination. Icke explains how drugs, toxic food and electromagnetic pollution are all being ramped up in a last ditch effort to dumb humanity down to a sheep-like mentality so they can be more easily controlled. prisonplanet.tv
Secret Societies(5 of 5)-Conspiracy Theory w/ Jesse Ventura
They’re thought to be a group of the world’s elite who meet once a year at a luxury hotel and decide how they will run the world. It’s believed they plan to thin out the population through disease-and vaccines. Jesse Ventura infiltrates the Bilderberg Group.
Jesse Ventura and a team of expert investigators are on a mission to examine some of the most frightening and mysterious conspiracy allegations of our time. They examine available evidence as well as talking to experts and eyewitnesses to learn more about such topics as global warming, possible 9/11 cover-ups, secret government weapons and apocalyptic prophecies. “This is my personal journey,” Ventura says, “to prove that there is more to these stories than you know about.”
Duration : 0:2:52
Dr. Michael Coffman on Alex Jones 4of4: “Global warming fraud, for taxation, social control”
http://www.green-agenda.com/
http://www.infowars.com/
http://www.prisonplanet.com/
http://www.prisonplanet.tv/
FAIR USE NOTICE: This video contains copyrighted material the use of which has not always been specifically authorized by the copyright owner. We are making such material available in our efforts to advance understanding of issues of ecological and humanitarian significance. We believe this constitutes a ‘fair use’ of any such copyrighted material as provided for in section 107 of the US Copyright Law. In accordance with Title 17 U.S.C. Section 107, the material in this video is distributed without profit to those who have expressed a prior interest in receiving the included information for research and educational purposes. For more information go to: http://www.law.cornell.edu/uscode/17/107.shtml. lf you wish to use copyrighted material from this site for purposes of your own that go beyond ‘fair use’, you must obtain permission from the copyright owner.
Duration : 0:10:31
Secret Societies(3-5)Conspiracy Theory w/ Jesse Ventura-Bilderberg
They’re thought to be a group of the world’s elite who meet once a year at a luxury hotel and decide how they will run the world. It’s believed they plan to thin out the population through disease-and vaccines. Jesse Ventura infiltrates the Bilderberg Group.
Jesse Ventura and a team of expert investigators are on a mission to examine some of the most frightening and mysterious conspiracy allegations of our time. They examine available evidence as well as talking to experts and eyewitnesses to learn more about such topics as global warming, possible 9/11 cover-ups, secret government weapons and apocalyptic prophecies. “This is my personal journey,” Ventura says, “to prove that there is more to these stories than you know about.”
Duration : 0:10:1
2012 David Icke – The coming World War 3 beginning 2010
David Icke talking about the chances of a coming world war and explains these possiblities with facts and stories.
David Icke world war 2012 change israel china europe america mexico canada 2010 global england statement authorization private properties police policemen russia massive civil unrest military officer british government major conflict society rockefellers funding agenda organisation
David Icke world war 2012 change israel china europe america mexico canada 2010 global england statement authorization private properties police policemen russia massive civil unrest military officer british government major conflict society rockefellers funding agenda organisation global one structure vietnam declare fighting scam freedom
Duration : 0:10:12
Infowars.com – Top House Republican: Idea that CO2 is harmful is comical
Diana Sweet
The Raw Story
April 20, 2009
In a boisterous exchange with ABCs George Stephanopoulos, the top House Republican said that declaring carbon dioxide a pollutant was almost comical and repeated denials that humans are responsible for global warming.
George, the idea that carbon dioxide is a carcinogen that is harmful to our environment is almost comical, House Minority Leader John Boehner (R-OH) quipped. Every time we exhale, we exhale carbon dioxide. Every cow in the world, you know, when they do what they do, youve got more carbon dioxide.
So you dont believe that greenhouse gases are a problem in creating climate change? Stephanopoulos interjected.
Weve had climate change over the last 100 years — listen, its clear weve had change in our climate, Boehner replied. The question is how much does man have to do with it, and what is the proper way to deal with this? We cant do it alone as one nation. If we got India, China and other industrialized countries not working with us, all were going to do is ship millions of American jobs overseas.
The ABC host seemed a bit flummoxed, and struggled to nail down Boehners position on emissions.
It sounds like from what youre saying that you dont believe that Republicans need to come up with a plan to control carbon emissions? Stephanopoulos remarked. Youre suggesting its not that big of a problem, even though the scientific consensus is that it has contributed to the climate change.
Boehner pivoted: I think it is — I think it is an issue. The question is, what is the proper answer and the responsible answer?
Duration : 0:3:13
Jordan Maxwell on the Rothchilds
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9/11 Planned US Government 911 Conspiracy Forum AIDS HIV Virus Man Made Apollo Moon Landing Hoax Global Warming Iraq War Oil John F. Kennedy Assassination New World Order
Duration : 0:6:3
