Question for Community Counts

[Artificialkel]

Well, long comments here...

[15deathblade]

Nether... From both we get somthing. Trade we get money. As they increase trade with us, they out souse the administrative work over here. As for as technology we gain more cheap products. So in the long run ether are really a problem. BTW i am econ major for the university of Maryland. Yes we lose jobs in the manufacturing but we gain in white collar jobs. In fact most economist will agree that out level of unemployment is close to full employment.

[notthehulk442]

Trade-

In short we import more than we export. So what do we have to offer to other countries?

[15deathblade]

That is being to fix it self. Imports for china are down. Export to china are up. Give time it will fix it self. As china (one of our largest trade partner) become more wealthy.

[gq5341]

The emergence of new technologies does more good to spur healthy economic growth, regardless of whether termed disruptive. Trade with other countries is more of a challenge for our economy. Simply put, we are not the economy of producers. One future economic challenge will be to reclaim production of viable products that other countries want. More than that, paramount is WE NEED TO REFORM GOVERNMENT SPENDING, GET BACK TO BUDGET SURPLUS AND DEMAND ACCOUNTABILITY.

[RoddyYoung]

Good to have you back on your old channel again. From New Zealand's point of view it would be timely to look at the gold and silver standard returning to the world. This does not address either of your leads but it does need to be address. Fiat money system needs to be talked about and a conclusion to this question needs to be asked before anything else can be addressed. The bi metallic standard. Rural living for the poor the world over and cities are for gold. Any questions please ask. roddy

[Astrognaw]

Trade is only limited by governments; it's like asking "are we limiting ourselves?" Well of course we are; that's what taxes and tariffs accomplish by nature. "Disruptive new technologies" is a total bullshit way of saying "omg... this new fangled-device is so difficult to use." Disruptive is a bullshit term, sorry to say. Our best export is ameircan ingenuity, and to call our tech "disruptive" is complete crap. In the past 8 years, our economy has only been limited by the neocon's laws.

[gmatar]

McCain-Palin this ticket is the right answer to all your questions and concerns

[gr8alias]

Niether-

Until we get the monetary system away from the federal reserve nothing else will matter.

They have been systematically devaluing the dollar for years.

A Silver 1964 quarter will still buy a gallon of gas.

It's the value of the dollar that has gone down.

[sirdeadlock]

I would like to add that "disruptive technology" or rather technology that will force many to lose their jobs due to efficiency, is nothing to be feared. If we can bring 500 jobs home for technological advances in production, rather than sending 1,500 jobs overseas to avoid the cost/production difference, then I say bring it on home. Even if many Americans lose their jobs to technology, as soon as the national debt is fixed, we can all be rich again.

[sirdeadlock]

By concentrating on trade with other countries, our country has become dependent on international trade to survive. We currently make more food than we need and hold many international patents being produced overseas. Yet because of international trade, we sell off too many of our resources, and give away too much of our work. We should take care of ourselves first to have a powerful and independent country, and after that we should give up what's left for international trade.

[fvtampa]

Free trade is crippling our economy. We have eliminated a lot of our US jobs for those that would qualify, thus creating unemployment, eliminiating part of our tax base. Look at the information - make sure products are made in the USA.

[lol998]

James, I think that a bigger issue is trade and the decisions that companies can made which weaking the US Economy. Haliburton is still in the US but say they are "based" in Saudi Arabia to avoid paying taxes. We should have some say to prevent our US born companies from flocking and staying here to avoid taxes.

[mochiam]

yap the question is rather odd. I want just say this, free trade, as it is, is at the end. Between the industrialized countries the damage of such policy is becoming evident. Companies localized in such nations cannot cope with competition from countries that don't endorse social policies, pensions, health. These represent about 30 percent of the goods cost. I recomend a sort quotas leverage on countries that don't apply such policies. You cannot pretend that countries such as India China live

[mochiam]

entirely on the internal markets of panting industralize countries. I want to add that countries such south korea and Japan have extremely protectionist systems. Such countries should open up or face economic sanctions as well racial issues. American and European countries appears extremely weak at the present.

[studio7manga]

*save*

[studio7manga]

Trade only because of the labour differences. Technology is the one thing that will most likely sake the US from becoming a 3rd world nation.

[thielenm]

what do you mean disruptive new technologies? you should provide some sort of example

[thejette61]

We will lose everything if we cannot keep up with technologies.

[RogCBrand]

I'd say trade. The average American doesn't want to spend a fortune on their purchases, especially the less money they have. That means buying cheap stuff, which happens to be imported from places where they pay their people a fraction of what an American makes, which kills American jobs, which means we have less money to spend. It's a vicious cycle & I really don't see how we can break it-it'll just continue until we have the standard of living that much of the world has.

We have to adjust.

[MercAndrew]

im with this guy. the way our economy is full of vicious circles right now. this is one of the biggest

[jm083b]

I personally believe that the emergence of new disruptive technologies will prove beneficial, assuming the transition is a somewhat silent one (example: dvds.)

Trade may prove to be a trickier ordeal. With the United States' relations with foreign states being, in some parts of the world at least, in shambles, rebuilding the trust in the US may prove to be more difficult than a technology transfer.

[BigWillieStyles1212]

New technologies and foreign trade can both impede/help progress, but foreign trade is a much more complicated to define. Foreign trade is my answer.

[l0gically]

The answer to this should be interesting, since I'm willing to bet that none of them have a clue as to what the "disruptive new technologies" are.

[cnapcra]

What sort of new technologies? The economy is really more about balance and confidence. If you watched the markets over the past decade you would have noticed a pattern: a large amount of money inflated stocks, and then housing and now commodities. That is the disruption in balance. Most of the rest - positive or negative - is just hype. A free economy will the most efficiency. Some controls are needed to ensure the little guy isn't stomped, anything more is socialism which just does not work.

[Flyingthoughts]

trade.

[cagedtigersteve]

Definitely robots taking over my job and the world.

[KristaBerndt]

Trade with other countries

[hypothetisch]

pff Both are important acutally i think new technologies will have the largest impact on the economy BUT you know I think new technologies will be invented anyway and you never now where the real breakthrough will be maybe some company in Japan maybe a group of scientist in Germany.

The point I am trying to make here technology will be important but it will be global.

So I would go for trade. :)

[nasanerd33]

I think the fact that we can't rely on ourselves for everything anymore is harder on the economy, so trade.

[ShortJoe21]

awesome!! your the best! trade definately

[Reubnick]

I think I'll ask John McCain how likely it is he'll reinstate the draft and ruin my life.