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GE moving X-ray business to China


Did GE get bailout money?
 

We're welcoming those greedy corporations up here in Canada and lowered the corporate tax to actually encourage them to set up shop here.

Call us crazy but we've found that corporations usually mean more jobs and thus more revenues coming in. The Chinese. those people who lent you so much money until it became too much of a risk, must be crazy too.
 
How could it be anything else? Maybe if we paid them to stay here? And provided some slave labor of our own?

GE is in buisness to make a profit. can you blame them for not wanting to pay unskilled US workers $10-$15 an hour when they can pay unskilled chinese workers pennies a day?

look what happened to the mom & pops and the corner 5 and dimes once wallyworld came along. how many US consumers were willing to keep paying higher prices to keep mom and pop in business when they could get the same goods much cheaper from Sam Walton?
 

Right on Jamesrage. You are full of surprises. I am surprised you have this point of view. It's not "Very Conservative" of you compared to the other "Very Conservative" people here at the forum. Fines, tariff's, or any other measure costing corporations money, is just another way of saying "tax." I'm impressed. But, then again, I have been impressed with other positions you have taken in the past, that seemed somewhat out of character, as well. Just goes to show you, that even the "Very Conservative" have the capability of critical thinking and that Jamesrage is true to his own free thinking and not a slave to the FOXNews crowd. MY kind of conservative!

Rock on brother!
 

Not picking on you as there many coming up with this arguement, yours just happened to be the one I quoted.

I've covered this many times. Tariff's are not the answer. The way we tax corporations is. Tariff's result in nothing but a trade war. Nobody is going to win.

Let's take two mythical companies making microwaves. Company A makes them in Indiana and company B makes them in China. Company A gets taxed at 23% on their profits and company B gets taxed at 35% on their profits. It's certainly not this simple but it can be worked out.
 
GE is in buisness to make a profit. can you blame them for not wanting to pay unskilled US workers $10-$15 an hour when they can pay unskilled chinese workers pennies a day?

Yes I can and here is why. China has a history of ripping off intellectual property. Be it in patents, knock off merchandise or even dumping. When that happens who is GE going to come to? Not China.


Sam Walton was big on providing made in the U.S. items. Yes, they were cheaper than the mom and pop but that also would work to keep the Chinese items at bay. Wal-Mart isn't like that now unfortunately. They are now China's bitch.
 

Tax, tarriff. Tomato, to-mah-to. As long as the gubberment puts measures in place that level the playing field, I'm cool with it, whatever we end up calling it. But I assure you it will never happen until our children ask, one day, "Daddy, what WAS a republican?"
 

Indeed mine was Obama's plan. He completely forgot about it though. Instead he made Immelt his jobs czar. No, both parties are to blame and it's never going to happen until folks like you, realize that.
 
Not picking on you as there many coming up with this arguement, yours just happened to be the one I quoted.

I've covered this many times. Tariff's are not the answer. The way we tax corporations is.

Isn't that a tariff when we impose extra taxes on companies that outsource?

Tariff's result in nothing but a trade war. Nobody is going to win.

I hate to tell you this but we are already losing the trade war. When we say "The idea that American companies can compete with foreign companies that pay their workers a 120 dollars a month as well as little to no health and environmental regulations is absurd." That applies to American made goods sold over seas too. I do not see china or India imposing extra taxes on Chinese and India made goods so that American made goods sold there can compete fairly over in those countries.

And seeing how they pay their workers a 2-4 bucks a day I seriously doubt they can afford American made goods to begin with. So this Oh if we impose tariffs then we will get in a trade war with China is utterly ridiculous.


Just like all other business expenses that are passed onto the consumer, corporate taxes will be as well.Will a 10% tax increase when spread out amongst their products that consumers are buying actually make a significant price difference?
 

I was once on that world trade band wagon. Can't really call yourself patriotic if you support the outsourcing of American jobs and leaving us at the mercy of countries that do manufacture especially to communist countries. There is the fact that since companies are outsourcing to China they are building China up, which means china can spend more money on their military and be a bigger thread to us.
 
Other countries, like Canada, Australia and New Zealand, are competing with China and doing just fine.

There have always been countries where the workers were paid less, yet America thrived. Today they are stuck.

And you think that's China's fault? Or a corporation's fault?
 
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Isn't that a tariff when we impose extra taxes on companies that outsource?

No it isn't.


Why should they? They don't have to.

And seeing how they pay their workers a 2-4 bucks a day I seriously doubt they can afford American made goods to begin with. So this Oh if we impose tariffs then we will get in a trade war with China is utterly ridiculous.

Maybe you need to expand your knowledge.

Buick sales top 3 million in China since 1999 | MLive.com

Just like all other business expenses that are passed onto the consumer, corporate taxes will be as well.Will a 10% tax increase when spread out amongst their products that consumers are buying actually make a significant price difference?

The company paying 35% can't just pass that on when there is another company with a tax advantage. Yes it will make a difference.
 

Blame? Well, then you have to be willing to accept third world living standards here. You can't have a high standard of living and then say business is right to leave so they can get third worl labor for pennies. Like I said, it's a bit of a moral issue.

And yes, many were short sighted. Many pay for cheap prices but forget they are sliting their own throats. However, that doesn't change that both are still wrong. My friend may be correct in that we are mexicanizng the US, making the division greater between rich and poor and brining back low, low, low wages. But we can't blame anyone.
 

Well you can triple the tariffs on a pair of shoes, for example. so that the consumer pays three times more for the product than they usually would. Somebody has to pay. Tariffs are usually just a form of protectionism (or a money grab) and works against the economy of those installing the tariffs. It might make us feel safer over the very short term but reality inevitably intrudes on these dreams.

Americans can compete with anyone, and have demonstrated that for decades. But they have to look at the policies and revisit the ideas that made them that way.
 

What you seem to be saying is that the Americans, with an unparalleled history of innovation and invention, cannot now compete in a changing world.

It seems your education system, as well as your leadership of course, really needs an overhaul.
 
What you seem to be saying is that the Americans, with an unparalleled history of innovation and invention, cannot now compete in a changing world.

It seems your education system, as well as your leadership of course, really needs an overhaul.

Compete? If we were speaking of innovation and invention, I would agree with you that we can. But we're not. We're talking about salary for that. To compete in that arena, we must take less, less pay, less benefits, less good living. I'm asking if we really want to compete in that way?
 
My friend may be correct in that we are mexicanizng the US, making the division greater between rich and poor and brining back low, low, low wages.

isn't your chin stroking chum the cholo who suggested american workers were overpaid?

A friend of mind here at the school calls it the Mexicization of America, in which we bring workers here to the level of the worker in Mexico. He maintains that only that will ever bring corporations that choose to leave here back.

hmm...

Like I said, it's a bit of a moral issue.

not for hundreds of action oriented municipal execs in cities, counties and capitols across the country---like robert bobb in detroit---reacting to crises

no hamlet, he

the cuomos and rahm emanuels of our times, morevoer, appear rather aggressively to agree with your amigo

keep thinking

pensamientos profundos
 
What you seem to be saying is that the Americans, with an unparalleled history of innovation and invention, cannot now compete in a changing world.

It seems your education system, as well as your leadership of course, really needs an overhaul.

It's not that so much. It's the fact that too many are taking the path of least resistance. But it's not this simple either. Far too complicated than can be covered easily.....LOL

It's far easier to simply move overseas than to do the things necessary to compete. Unfortunately when a company like Boeing attempts to do that, they are met with resistance from the government. Everyone has to give some to compete for awhile. Nobody wants to look at the long term picture.

In the long term picture, China will have to pay higher wage prices. It's simple human nature. Putting this many people to work gives them access to the outside world and they are going to demand a piece of that pie. Damn lot of good that does if all of our manufacturing is over there by then though.
 
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Originally Posted by Boo Radley
A friend of mind here at the school calls it the Mexicization of America, in which we bring workers here to the level of the worker in Mexico.

well, since most of the workers here came from mexico.... :shrug:
 

Americans have always competed very well in the past, why not now?

As mentioned, other countries are competing quite well while the living standards, compared to the Americans, are increasing.

The complaints you've outlined are not the problem, but your attitude certainly plays a part.
 

Except Germany and Japan aren't shipping all their jobs to China
 

There are opportunities everywhere, now more than ever, and Americans used to be the best in finding them. Now they've become spoiled and expect everything to be handed to them, an idea that would once have been unthinkable to their independent nature

I hope they'll find the inspiration to rise above their malaise. They did once before but with each generation it seems to become more difficult.
 

Yeah, basically Communism is winning the economic ideology war right now...
 
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