US living through 'greatest jobs theft' of world: Donald Trump

[RDS]

WTF he knows about economics. Market forces decide as to where the jobs go. US MNCs left Singapore by the thousands and we are not complaining. We upgraded our skills and diversified our economy. MNCs are coming back here again.

Republican presidential nominee Donald Trump has claimed that the Americans are living through the "greatest jobs theft" in the history of the world, saying US companies were moving out jobs to countries like India, China, Mexico and Singapore.

US living through 'greatest jobs theft' of world: Donald Trump

 

[JumpinJack]

WTF he knows about economics. Market forces decide as to where the jobs go. US MNCs left Singapore by the thousands and we are not complaining. We upgraded our skills and diversified our economy. MNCs are coming back here again.

US living through 'greatest jobs theft' of world: Donald Trump

Whether that's true or not, Trump hasn't a clue how to get things done in the government or what to do about the outsourcing of jobs. He's never done anything through the government, except file and answer lawsuits and file bankruptcies. He's never created a single job with his own money. He's taken other people's money, slapped his brand name on it, and hired people to "make it work" (but many of his ventures haven't worked). He's a promoter. His supporters don't have a clue about him.

 

[calamity]

WTF he knows about economics. Market forces decide as to where the jobs go. US MNCs left Singapore by the thousands and we are not complaining. We upgraded our skills and diversified our economy. MNCs are coming back here again.

US living through 'greatest jobs theft' of world: Donald Trump

Trump just panders to the least educated, stupidest Americans who get all their information from propaganda sites. They do not read books on economics or appreciate nuance. They certainly to not understand market forces.

The US is an idiocracy. Trump is President Camacho. If not now, that time is definitely coming soon. We certainly are not nearly as intelligent nor as educated as the people in Singapore.

So, I guess, for me to explain it to you so you can truly grasp what I am talking about--someone in Singapore is totally unable to understand the average American mind--it's basically a person with IQ of 150 trying to figure out what someone with 80-IQ is thinking. Good luck with that.

 

[Brewdog]

A guy that inherited a massive fortune from his father didn't rise up from nothing as some master jedi of the economy.

 

[RDS]

Kinda funny. He is accusing a small country with a population of 5 million of stealing the jobs of the world's largest economy with a population of 320 million.

 

[Lafayette]

The Dork:

Americans are living through the "greatest jobs theft" in the history of the world

Greatest this and greatest that. He is a man of superlatives.

And in that manner, he is, indeed, the Greatest Dork in the world.

Of course, if the Americans elect him, then they deserve what they get.

All gloss and no substance ...

 

[Lafayette]

Whether that's true or not, Trump hasn't a clue how to get things done in the government or what to do about the outsourcing of jobs. He's never done anything through the government, except file and answer lawsuits and file bankruptcies. He's never created a single job with his own money. He's taken other people's money, slapped his brand name on it, and hired people to "make it work" (but many of his ventures haven't worked). He's a promoter. His supporters don't have a clue about him.

A long, dark night has begun. It will become long, dark years.

Putin must be the happiest man on earth. Once his adversary, Uncle Sam has suddenly become "best friend" in the land of newly made plutocrats ...

 

[Lafayette]

Trump just panders to the least educated, stupidest Americans who get all their information from propaganda sites. They do not read books on economics or appreciate nuance. They certainly to not understand market forces.

The US is an idiocracy. Trump is President Camacho. If not now, that time is definitely coming soon. We certainly are not nearly as intelligent nor as educated as the people in Singapore.

So, I guess, for me to explain it to you so you can truly grasp what I am talking about--someone in Singapore is totally unable to understand the average American mind--it's basically a person with IQ of 150 trying to figure out what someone with 80-IQ is thinking. Good luck with that.

I, personally, don't need that good luck - though many fellow Yanks will.

I left the US a long, long time ago - and I aint comin' back, not for as long as the Dork is in the Oval Office.

I live in what is called a Social Democracy, one that has high unemployment because its current leadership (Socialists) is extremely smart (book wise) and really kinda stupid economy-wise. But, at least I sent two kids through university - for the total cost of mainly room-'n-board. And we have the finest health-system in the world (according to the WHO). I pay one tenth of the $25 dollar cost to see my doctor, and all of health-care (unlike the US) is not in the hands of private insurance companies. Rates are negotiated with doctors, but are stipulated by the state that manages the National Health System.

Health-Care and Tertiary Education are the two principle foundations of a Social Democracy - all the rest is frosting on the cake. And, yes, to pay all that, I have some very high taxation. Overall taxation in the EU is higher than in the US (35.7 vs 26.9), starting with a consumption tax that is about double that of the US. As well, it is the principle contributor to budget revenues in the EU where Income Taxation is a far lesser amount collected.

It's not a bad life-style here in France. Besides, the French take food very seriously. From the way it is grown to the way it is prepared for the table. In sum, it's the Good Life - and it is estimated that there are about 120K Americans who think like me here in France. Probably close to 300K in all of Europe - which has a similar Social Democrat political structure.

Good luck, Uncle Sam! Cuz yer gonna need it with this jerk ...

 

[calamity]

Well what's over is over. Now we can all call each other whatever comes to mind.

Stick a fork in PC, it's dead.

 

[calamity]

I, personally, don't need that good luck - though many fellow Yanks will.

I left the US a long, long time ago - and I aint comin' back, not for as long as the Dork is in the Oval Office.

I live in what is called a Social Democracy, one that has high unemployment because its current leadership (Socialists) is extremely smart (book wise) and really kinda stupid economy-wise. But, at least I sent two kids through university - for the total cost of mainly room-'n-board. And we have the finest health-system in the world (according to the WHO). I pay one tenth of the $25 dollar cost to see my doctor, and all of health-care (unlike the US) is not in the hands of private insurance companies. Rates are negotiated with doctors, but are stipulated by the state that manages the National Health System.

Health-Care and Tertiary Education are the two principle foundations of a Social Democracy - all the rest is frosting on the cake. And, yes, to pay all that, I have some very high taxation. Overall taxation in the EU is higher than in the US (35.7 vs 26.9), starting with a consumption tax that is about double that of the US. As well, it is the principle contributor to budget revenues in the EU where Income Taxation is a far lesser amount collected.

It's not a bad life-style here in France. Besides, the French take food very seriously. From the way it is grown to the way it is prepared for the table. In sum, it's the Good Life - and it is estimated that there are about 120K Americans who think like me here in France. Probably close to 300K in all of Europe - which has a similar Social Democrat political structure.

Good luck, Uncle Sam! Cuz yer gonna need it with this jerk ...

We'll see. He won the industrial states. So he better deliver some industry now. And if he does, I'll be happy about that.

 

[Lafayette]

EXPANSION THIS

We'll see. He won the industrial states. So he better deliver some industry now. And if he does, I'll be happy about that.

Well, I hope so.

Still, I look once again at the Employment to Population Ratio, here:

Now, project that straight line out till it crosses the upper-limit of 63% (on another piece of paper for the extension).

In fact, I've done that for you. The intersection will happen in 2025. Fifteen years since 2010, when the crash had finally leveled off - and another 8 years from today. That is, if the expansion grows linearly.

I call that one helluva wait-time - one that Americans did not deserve, but they got anyway*.

Because you (plural) elected just a man and he will not make the changes that Hillary promised that could have shortened the wait-time.

And time will prove that exercise above to be spot-on target ...

*The brutal reduction in 2009 in the E-to-p Ratio was triggered by the Great Recession, itself due to the Toxic Waste Mess. Which was brought to you by the Dork's Wall Street Friends, but under a previous Replicant PotUS. How an entire nation can be so silly to reelect the people who caused their misery is for historians to ponder - and about which write books.

 

[James972]

E Which was brought to you by the Dork's Wall Street Friends, but under a previous Replicant PotUS. How an entire nation can be so silly to reelect the people who caused their misery is for historians to ponder - and about which write books.

Did lib communism cause the USSR/East Germany to fail? Off course.
Did communism cause our health care system to fail? Of course.
Did lib communism cause our housing market to collapse? Of course it did.

Econ 101 class one, day one: when you have 132 liberal govt programs to get people into homes the Republican free market said they could not afford you dont have freedom and capitalism. When the Fed is stimulating the economy by printing enough money to cause a huge bubble, when Fan/Fred is buying or guaranteeing 75% of the subprime and Alt A mortgages, and when the Greenspan Put promises to never let
housing prices fall you don't have anything close to freedom and capitalism what you have is libcommieism.

Would Silicon Valley fail instead of lead the world if our lib commies managed it? Of course it would!!
You need to start all over. Sorry to rock your world

 

[Casper]

WTF he knows about economics. Market forces decide as to where the jobs go. US MNCs left Singapore by the thousands and we are not complaining. We upgraded our skills and diversified our economy. MNCs are coming back here again.

US living through 'greatest jobs theft' of world: Donald Trump

They did not "Leave", they were exported by big business. Think trump will change that?

 

[Casper]

Did lib communism cause the USSR/East Germany to fail? Off course.
Did communism cause our health care system to fail? Of course.
Did lib communism cause our housing market to collapse? Of course it did.

Econ 101 class one, day one: when you have 132 liberal govt programs to get people into homes the Republican free market said they could not afford you dont have freedom and capitalism. When the Fed is stimulating the economy by printing enough money to cause a huge bubble, when Fan/Fred is buying or guaranteeing 75% of the subprime and Alt A mortgages, and when the Greenspan Put promises to never let
housing prices fall you don't have anything close to freedom and capitalism what you have is libcommieism.

Would Silicon Valley fail instead of lead the world if our lib commies managed it? Of course it would!!
You need to start all over. Sorry to rock your world

You forgot to add "lib" in your second rant. We will just pretend you added it.

You know trump believes printing money is a Good Thing, oh wait, never mind . Note to self ..............

 

[RDS]

They did not "Leave", they were exported by big business. Think trump will change that?

The fact is thousands of jobs were lost. With Trump, it's like a box of chocolates. You never know what you gonna get.

 

[Casper]

The fact is thousands of jobs were lost. With Trump, it's like a box of chocolates. You never know what you gonna get.

And we all know it depends on the quality of the box of chocolates as to how many you like and how many you want to avoid as a future selection.

 

[Grand Mal]

WTF he knows about economics. Market forces decide as to where the jobs go. US MNCs left Singapore by the thousands and we are not complaining. We upgraded our skills and diversified our economy. MNCs are coming back here again.

US living through 'greatest jobs theft' of world: Donald Trump

But isn't Trump the conservative choice? Surely his constituents want as little government interference in the economy as possible. Do conservatives now want the President to fix things?

 

[RDS]

But isn't Trump the conservative choice? Surely his constituents want as little government interference in the economy as possible. Do conservatives now want the President to fix things?

Impeachment is on the cards for a wrong move and I think it's very likely

 

[James972]

But isn't Trump the conservative choice? Surely his constituents want as little government interference in the economy as possible. Do conservatives now want the President to fix things?

actually conservatives want massive interference in our socialism to fix things back to capitalism. Do you understand?

 

[Mach]

Certain asian demographics just out-perform Americans, what can I say? We'll try to work harder. Send us some of your tiger moms, they will show liberals how to raise a ****ing success
(sorry I didn't have more substance to that!)

 

[Lafayette]

ABOUT BASE-LEVEL SKILLS

The fact is thousands of jobs were lost. With Trump, it's like a box of chocolates. You never know what you gonna get.

Look, what in heaven's name makes you believe that American jobs somehow escape the rules of market competition. If American products are too expensive on International Markets, then they are too damn expensive! (I somehow believe that with the introduction of robotic automation, that will be the case.)

So, what is pissing-off a great many Americans who are having difficulty finding a job is that their skills/competencies are nowhere near the level required by today's commerce/industry. (As I never tire of mentioning - only 50% of America's high-school graduates are going on to obtain a post-secondary education, which is the new "base-level" for a solid job.)

ABOUT AGRICULTURE

Moreover, as regards Agriculture - which is a major sticking point in the trade negotiations. The US has a massive advantage in the large tracts of land that it has growing various grains like wheat. (Which are also the primary source in producing meat products.)

Good for America. But does that mean that the US should be able forever more to undercut European production costs? Which means further that - in case of whatever grave danger that leads the US to stop all agricultural exports - the EU should go hungry?

Look, when considering International Trade, particularly as regards Agriculture, try hard to think beyond the 3-mile offshore limit. Europe will never be able to produce agricultural products at the lower price-level of the US. Never.

But it has a national strategic interest in maintaining a sufficient level of production to feed its 500 million inhabitants in case of a disruption of international trade (for whatever the reason).

Get it ... ?

 

[RetiredUSN]

ABOUT BASE-LEVEL SKILLS



Look, what in heaven's name makes you believe that American jobs somehow escape the rules of market competition. If American products are too expensive on International Markets, then they are too damn expensive! (I somehow believe that with the introduction of robotic automation, that will be the case.)

So, what is pissing-off a great many Americans who are having difficulty finding a job is that their skills/competencies are nowhere near the level required by today's commerce/industry. (As I never tire of mentioning - only 50% of America's high-school graduates are going on to obtain a post-secondary education, which is the new "base-level" for a solid job.)

ABOUT AGRICULTURE

Moreover, as regards Agriculture - which is a major sticking point in the trade negotiations. The US has a massive advantage in the large tracts of land that it has growing various grains like wheat. (Which are also the primary source in producing meat products.)

Good for America. But does that mean that the US should be able forever more to undercut European production costs? Which means further that - in case of whatever grave danger that leads the US to stop all agricultural exports - the EU should go hungry?

Look, when considering International Trade, particularly as regards Agriculture, try hard to think beyond the 3-mile offshore limit. Europe will never be able to produce agricultural products at the lower price-level of the US. Never.

But it has a national strategic interest in maintaining a sufficient level of production to feed its 500 million inhabitants in case of a disruption of international trade (for whatever the reason).

Get it ... ?

Younger people in trades industry are doing very well in comparison to recent college grads. Many millennial college grads think they are too dignified and distinguished to carry a shovel or erect staging, so they end up sitting home with mommy whining about a how bad things are, when they could be out earning $35,000 -$70,000 a year without massive college debt.

The trades are are desperately of people right now.

Construction Citizen

Profoundly Disconnected

 

[Lafayette]

Many millennial college grads think they are too dignified and distinguished to carry a shovel or erect staging, so they end up sitting home with mommy whining about a how bad things are, when they could be out earning $35,000 -$70,000 a year without massive college debt. The trades are are desperately of people right now.

I can't disagree with you, but not all of them are "males". In fact, most of those doing so are probably females, and as for "sitting at home" ... well, I dunno.

Anyway, the situation presently is that we have been coming out of a recession the worst in 60 years - that spiked at 10% unemployment 6 years ago - and which has had a lasting effect upon those beyond 40. If you did not get a post-secondary* education "back then", you are more than unlikely to get one now. Unless one is very courageous, and no-doubt some are.

What I cannot understand about this last election is that we elected a PotUS based upon "sentiment" rather than logic. One may not "like" Hillary, or even dislike Hillary more than disliking the Dork - or whatever. But, my point remains this: [BNothing would have changed the landscape of job-hunting-and-obtention more than Hillary's platform-piece of offering our kids a post-secondary education free, gratis and for nothing. [/B]

Nothing.

Look, at present, we have become mostly a Services-Oriented Economy. Manufacturing is being depleted of manpower by robotic machinery - which, I must add, is the ONLY WAY we are going to get production costs down to a level that will allow Uncle Sam to succeed on global markets. So, let's give industry (manufacturing) its just due, which aint much in terms of developing jobs.

(Granted, you may see the situation differently for Manufacturing. But, I maintain that the uptick will be over and done soon enough. Not so much for construction, however, that will continue at a steady pace.)

The world is changing since 1991, when the Bamboo Curtain came crashing down in China - and we were fools then not to recognize the eventual consequences. And take action subsequently to prevent the harm done. We have become a Services Economy, for which higher-grade skill-sets* are indispensible ...

*Vocational, college or university

 

[JANFU]

Kinda funny. He is accusing a small country with a population of 5 million of stealing the jobs of the world's largest economy with a population of 320 million.

Nope- Mexico and China are the big ones he targets.US and Canadian jobs went south, to Mexico.
China an the world now has so much surplus manufacturing capacity that many dump at low or below cost of manufacturing costs, as China does.
China is sharply reducing steel production as the world is over supplied and other countries have slapped tariffs on their steel exports.

 

[ludin]

Whether that's true or not, Trump hasn't a clue how to get things done in the government or what to do about the outsourcing of jobs. He's never done anything through the government, except file and answer lawsuits and file bankruptcies. He's never created a single job with his own money. He's taken other people's money, slapped his brand name on it, and hired people to "make it work" (but many of his ventures haven't worked). He's a promoter. His supporters don't have a clue about him.

Yet he is one of the most successful people out there. so much for your theory.