Nail – Head

Michael, the republicans want to outsource all production. Romney made his living on it.

In business yes, because the labour is cheaper abroad. But not as an economic policy.

If you watched the 1st & Second debate, you’ll see that Romney has made it a key part of his agenda, to make the US competitive for cheap labour. He wants to ”bring home all the production” . He’d have a Foxconn in the US if he could.

But yes, you’re right…. republicans in business tend to outsource a lot. (not the only contradiction they’re guilty of! )

No one in the Republican clan ever mastered economics. W. Bush cut taxes for families making 10′s millions each year. Trillions in tax breaks for the rich (like here in Ireland). They all have trust accounts, 10′s millions when they reached 21.

Indeed…it’s the Economy stupid…always has always will!

Oisin.

Every think about why he outsourced?

Would you rather the company go bust and all of those people laid off? More unemployment? Is that what you want?

If China is more competitive, then there’s obviously something wrong with things in America.

@ Micheal… China is more competitive because the majority of their workforce work in inhumane conditions, long long days and for a pittance… And according to Romney, they artificially and unfairly keep their currency low.

Forgetting about China are we. The country that basically owns America now.

The importance of China has been largely overstated, the general standard of living there is still horrifyingly low and they are headed for an apocalyptic pension crisis. more powerful than the likes of us yes but not than the US. I don’t exactly see the Renminbi becoming the worlds reserve currency any time soon

disagree ciaran, china may not have much influence in western europe as yet but they own an enormous chunk of africa and asia, they have been the biggest lenders in the world for a number of years, lots of eastern european countries owe them billions, so does the usa, people have been underestimating the strength of china for the last 30 years, maybe you recall they shot down an american spy plane and there was nothing george w bush could do to get it back, they returned it when they were good and ready, china does not require its citizens to have a high standard of living, that is why they are so difficult to compete with, it is their biggest strength

@RP I guess it’s just an issue of how we interpret the position China is in. I can understand your point of view, many many countries owe China huge amounts of money which puts it in a strong position for negotiations and the presently low standards of living make it competitive as an industrial power. I would argue these could both be seen as weaknesses though, China’s economy is hugely reliant on manufacturing exports and is currently propped up by low wages, but China is still developing, wages are rising and try as they might the communist party cant stop western values and ideas like workers unions from seeping in. This also leaves it at the mercy of the global economic climate, manufacturing as been declining in recent times because American isn’t buying as much of its stuff. America knows their relationship is symbiotic and this puts China in the position where it cant afford to call in its debts because it needs the west. Couple the inability to call in debts with the One Child Policy induced, impended pension crisis and China is headed for stormy seas. In my opinion that is, all a matter of speculation and perspective

@ciaran but they are highly innovative, for example, they are buying the sahara desert in order to cover it in solar panels, the type of wage rises you are talking about only effect a small % of the population, my brother works for a chinese shipping company, i tell you that manufacturing of cheap goods is becoming a smaller % of their economy all the time, they are building sports arenas, casinos, pleasure resorts all over asia and africa, they are buying up mines all over the world, they use economics to conquer countries, they loan hard up countries money, when the country cant afford to pay they take the place a small piece at a time, then its chinese wages for chinese hours, it is seriously underestimating them to think they need the west

@RP If all that is true it completely terrifying, it’s possible my feelings on the west dependency are motivated by the hope it turns out to be the case, America gets a lot of stick from us Europeans but there’s not really another country I’d want as the world’s great superpower. I trust America, I don’t trust China.

ciaran you wouldnt believe just how efficient these people are, for example, to clear the area behind the 3 gorges dam (biggest man made structure, has more concrete than nyc, cost 180 billion dollars) they displaced 80 million people, the population of germany, when they decide to move into a market of any product, like oil pumps for example, they build a brand new city that whole infrastructure is designed just to produce oil pumps, they make 95% of all renewable energy products in the world, they are talking about constructing a silica harvester and landing it on the moon to make solar panels there, while much of the population still lives on subsistence farming, the modern part of china is years ahead in its thinking

I knew about almost all of this, not the moon thing though, that’s awesome. Its all only possible though because the government is not held accountable by the people, I wonder what happens when democracy truly comes to China.

they will become less effecient if and when they achieve democracy, they may never achieve it, they’ve never had it, and maybe their next chairman will be less permissive than Wen Jiabao, they seem to have a long term strategy, for all the ‘communist’ practise they are the most successful capitalists in the world, almost every country has a thriving capitalist chinese community

there are just so many potential catalyst for war senarios in the middle east, if greece has a civil war, if turkey attacks syria, if iran or or isreal dont simmer down with each other, it the us and nato dont leave iran alone, if us pulls out of iraq or afghanistan thereby freeing up thousands of mujahideen to fight isreal, its a powder keg, looks doubtful that romney will get in now

Absolutely.

It wasn’t as if both major parties weren’t the creatures of Corporate & Wall St interests before, but after their Supreme Court ‘Citizens United’ decision, it’s the 1% all the way now.

The US is no longer a democracy in any meaningful sense. Global oligarchic empire is what it is.

This is not good for anyone of the 99%, no matter where they live.

so what ur sayin is “it don’t matter if its black or white”

It does matter a bit, both Romney and Obama want to bring American companies back to the States and boost their employment and manufacturing ability. So both will be targeting companies in China and Ireland for example. The difference is how extreme they will be.

You’ve got Obama talking about how he wants to rejuvenate the US, and Romney is going so far as to declare a trade war between the US and China.

@Jason that doesn’t really apply here. Companies like google and intel need a HQ on every continent they can’t just be pulled back to the states. These are multi national companies and the services and products they provide mean they have to be spread out. When they say that they’re talking about manufacturing jobs. The only example I can really think of where we’re a world HQ is maybe Accenture. However what they might try do is funnel more taxes back to the US. And that’d be bad for us. At the moment the UK are pissed because all the money google makes there comes back in tax here lol. So the US will wanna close similar loopholes!

The only reason it matters is how we and the rest of the world perceive the country.
After the last A-hole that was running the shop Obama seemed like a nice relaxing shot of morphine,
But essentially I agree that he is just the face of corporate America at the end of the day.

Im not saying anything. Im just gauging peoples thoughts from the poll response. Of course Obama being elected the first black president broke down racial barriers but the question asked by the journal was “do you think the outcome of the us election matters for Ireland?” does it matter really? Do you think America cares what we think? I doubt it, much like the eu cares about our economic woes.

The bookies are rarely wrong when it comes to elections and their odds have Obama as a clear favorite. If Romney is elected, he will go to war with Iran as he has hinted in the debates and he plans to increase military spending by trillions of dollars. War is bad for every nation, the price of oil will go up beyond what most people can afford at the very least. Also the ideology of the right wing, empathy lacking, woman suppressing, bible fearing republicans is not something I want our politicians to be influenced by.

Sorry Prof,
..but you reckon the economic model of neo-liberal wealth/poverty polarisation is NOT broken and not needing a major re-fit?
More of the same and we’ll be grand?

Or do I misread you?

What you’re saying is a man who wants to cut taxes to the wealthy and massively increase the military budget (already the worlds largest) while operating with a 1 trillion deficit is what’s needed?

They’re taxes on the wealthy are still higher than here. Our 12.5% corp tax (tax on profits) is a business owners wet dream. And it’s been one of the few successful irish policies as its brought in foreign investment and created jobs.
Democratic for social issues and foreign policy.
Republican for economic issues.

Yes… R has proved it again and again ..he is a biz wiz..O is an empty suit , he has hamstrung the country..

Republican for economic issues?

Reagan’s Savings and Loans scams collapse…retrieved by Clinton who handed a thriving situation on the Cheyney/BushwhackInc…who sank it with overheated deregulation(which Clinton also contributed to).
You not only simplify, you distort.
Obama inherited a mess, but is hamstrung by the real managers, the military/industrial lobby-levered ‘invisible hand’ players who think the resources(including the human resources)of the planet are just chips in their spherical tax-havened casino.

@Damien (Donegal Catch)….maybe if you put as much thought into contributing to this economy by paying your dues, people might listen to your views on how the US should operate economically and socially, but since you don’t, well….

Well well well

The toorkey has landed..

…and still spouting personalised insult to distract from issues; and in the royal plural no less.

Stalking and trolling like the failed bishop you dress up as, eh, toork..gobble gobble.

Touched a nerve Mr (Skin)Flinter have I, Failed bishop eh? Beats an Orangutan I suppose…I think its you that is distracting from the real issues…you are the 5% of habitual non contributors that leech amongst us!

Your a sad, unhappy little man toorkee…

That you prefer bishops to honest animals speaks volumes for your predilections.

Sorry for destroying your economy and leaving you saddled with a sub-prime negative equity millstone(appropriate neckware for a bishop, now I think on it).

My superpowers slipped that morning, mea culpa.

Don’t worry your little head about me Flintstone, thankfully I wasn’t unfortunate enough to get caught in that subprime trap as I didn’t fall into that category….I find your concern touching though. I hope the pic in your avatar wasn’t taken in your backyard in a small North Galway town….you know what they say about similarities between pets and owners….

You are a tiresome little troll, toorkee…

And descending spirally into infantilism with your attempted insults. My uncle Fred was a far more three-dimensional man than you will ever be.

You being a bishop’s pet, I’ll have to take your word on that subject.

While your out of his bed, why don’t you stretch yourself and try a comment on the actual topic?
Was it the bishop got you your cushy number?Tell us again how much the hourly rate for pro-trolls is?
Does his grace like his catamite’s anonymity when you try to intimidate?Why not post my phone number and address..you obviously have the files. Stay futile.

hahahaha ‘stay futile’ must remember that

I have to admit Skinflinter, your comeback made me laugh,very witty, well done. Your simian features do not do you justice! I really dont know what your obsession is with Bishops, did you spend some time in their “care”. I think you might have deeper running issues that maybe need ad(un)dressing….as for staying futile, people in glass houses and all that. This from an orangutan who has never contributed anything to the State yet is happy to syphon its depleted resources weekly….as I said before you are not in a position to talk about a nations economic policy when the likes of you continue to leech….maybe if you spent less time trying to right the worlds “wrongs” and do something more constructive like get a job, the world might not be such a big bad place for you….I hope the kitchen table and chairs arent in thesitting room fire yet with this chilly spell we are having, you could run out of fuel soon….brrrrrr!

So lets get this straight, toorkey

Those of us disemployed by whichever of your uncles got you a cushy number in the public service so you can leech a state salary to abuse us like the spoiled brat you are..have no right to an opinion or a voice or food or heating.

If you had one ball you might put your name to that, then we could meeet you for further elaboration of your fascistic agenda.

Blueshirt?

Or pink lipstick on its collar?Somehow, by the bile, I suspect the latter.

Romney is not the right man to be president if he gets in to power the world will be more unstable he will attack Iran , destabilise the Middle East and have Israel dictate how the Middle East is run . Hopefully Obama gets another term .

Firstly, learn how to spell. Your grammar and spelling is inexcusable in my opinion.

Secondly, Romney has openly declared that China is conducting a trade war with the US and that they must respond in kind. Not only is China financing most of their massive national debt, they are also supplying the US with a lot of their small goods. Hindering trade will likely cripple the US economy for at least another 15 years. Add to that the fact that Romney’s economic policy makes absolutely no sense and he wants to continue Bush’s idea of a global crusade towards Iran and you’ve got yourself a candidate who is outright dangerous.

Jason , theyre both awful candidates , Id personally rather ron paul , but economically romney is a slightly better option.

Sorry Jason, “Your grammar and spelling is inexcusable in my opinion.” I think you mean are inexcusable.

Lawyers, damned lawyers, and statisticians…and the numerological snowball syndrome..or how the goalposts shift to suit the keepers

http://www.globalresearch.ca/the-virtual-economic-recovery/5310073

This feels appropriate after Pierce’s comment.

http://www.hiyoooo.com/