What Granholm learned as governor of Michigan

[kyebean]

There's 3 main solutions to this problem: advocate for unionization of growing manufacturing areas and consequently pay higher prices as consumers. Decrease labor costs to match growing manufacturing areas. Emphasize education and grow american R+D.

[brentoneccles]

Granholm understands that globalisation is not an outcome, it's a process. A process that has to happen and ultimately cannot be ignored or denied (those countries that deny it do so at their peril). The challenge for every nation is how well it adjusts to it.

[sodadrinker89]

Automated Factories, the way of the future.

[critic480]

Granholm used Michigan as a steppingstone to HOLLYWOOD POLITICS.

ANYONE NOTICE...She had the warts gnawed off her face ? Lousy politician,Fabulous attention whore.

[lanceseidman]

wish she could have been quiter.

[dalecs47]

Any American who shops at Wal-Mart needs to understand that they are responsible for much of the loss of manufacturing jobs in America. Some say that all stores buy from overseas. I say maybe, but Wal-Mart is the largest and most active in FORCING factories to relocate overseas. The management of Wal-Mart are traitors to America and should be in prison. I never shop at Wal-Mart and I condemn anyone who does. Wal-Mart has destroyed middle class America.

[squidb8]

Nothing fits every situation perfectly. Lower taxes and smaller government doesn't necesarily mean greater employment, it just means less Government outlay. What a Government does with those excess revenue could fill in the holes if its used to, perhaps, fund the modernizing of job skills.

Also sounds like she was fixated on the manufacturing industry even though it wasn't bringing in the big bucks it used to. Vegas is the same way with it's gaming industry. The old if it worked in the past...

[aluisious]

The reason protectionism won't work is because if we set up tariffs, other nations can do the same, and the result will be a trade war we won't win. Keeping your factory job would be a Pyrrhic victory if a gallon of gas cost $20.

[breakingdelaw]

@aluisious

Actually, south korea setup tariff and it works for them wonderiously. It's stupid that we dont do the same. South korea unemployment is MUCH lower than us.

[aluisious]

You guys arguing back and forth about "free trade" just don't get it. Protectionism isn't a solution. The fact is that we were on top of the world after WW2 because as the only major industrialized economy our workers were the most productive and we enjoyed the resources of the planet in exchange for our products.

That's changed now. The rest of the world is catching up. We no longer get to consume 25% of resources with 5% of population. "Fair" doesn't seem good when you used to have it all.

[grumblesNhoneybee]

B.S.

[BoredomCorner]

Don't forget about how Michigan basically tried to legalize religious terrorism in public schools.

[Derpalon]

This is why free trade is a terrible idea. We need to establish tariffs and taxes on companies that import their products from across the borders so that they don't have any special incentive to move their workers out of country as the price will still cost them the same or more in taxes.

[pinchealberto]

And that's why Mexico will be the Better country in some year's.

[wwickeddogg]

"After they told me there was nothing I could do, I said that we weren't going to give them anything and if they decided to leave that we would launch a campaign against Electrolux and make sure that no one in Michigan ever bought their products again. Then they decided to stay."

[aluisious]

@wwickeddogg LOL, like Michigan was their only market.

[wwickeddogg]

@aluisious Not all sticks are the same size

[drmcmoney]

Allow me to paraphrase "I learned that if you accept a huge federal bailout, it will help your financial station. I learned that the proper role of government is to pick winners and losers and give your favorite corporations sweetheart deals and unfair advantages".

[whoo689]

Offshoring is a sick, sick joke. Reinstate the social contract between employers and employees and tell these sons of bitches running the corps. to WAKE THE FUCK UP. Or we'll give you a rude awakening anyway

[whoo689]

I mean, GM and Chrysler probably did TONS of offshoring, but they STILL were close to bankruptcy in 2008 thanks to the recession! Didn't really seem to matter when shit hit the fan, now DID IT, corporate execs? What 'good' did it do in the long run?

[whoo689]

I mean, I would KILL to have even $1 Billion. But these corporate heads think that's "chump change" or some shit. If they lose $1 Billion in a co. with almost $20 Billion in profits, somehow that "justifies" shit like shipping jobs overseas?? What a bunch of whiny SOBs

[whoo689]

We've let corporations run wild, and it's time to tell these CEOs and boardroom execs, "Enough is enough! WE THE PEOPLE run the economy, not you jackoffs. The economy will serve US for a change, not the other way around."

[whoo689]

End corporate personhood for good and RE-REGULATE corporations the way states did pre-1886 by doing things like REVOKING corporate charters for those who break the law, esp. those who CRASH OUR ECON. in the process! When's the last time the gov't ACTUALLY revoked a major corporation's charter?? Esp., say, a defense contractor

[whoo689]

The way offshoring defenders talk, you'd think these companies were on their LAST LEGS prior to shipping jobs to China and India. But ALL OF THEM still had AT LEAST hundreds of millions (and sometimes billions) in profits! Yes, they were supposedly becoming "less competitive", but there was no reason to PANIC. So what if you lost a few million or billion but still had billions leftover? Your company is still doing fine! Jesus christ... Shareholder capitalism has gotta go. Go Stakeholder

[whoo689]

Has cutting taxes and shrinking government EVER led to massive job creation ANYWHERE?? And directly BECAUSE of those actions, no less? I can't really think of a SINGLE example. It's such an absurdly pro-business elite shill set of prescriptions.

[bamboo4tameshigiri]

How does Gore's ass taste? "The American Century" is OVER. You want to start ending that problem? Raise import taxes through the roof and automatically unincorporate any corporation that ships the bulk of its production overseas. Jail all Goldman Sachs employees. Execute every billionaire banker on earth.

[kdickinson]

The answer to the final question in the video is that the US has to realize that its people are its greatest resource. Yet we squander that resource by failing to educate our people. When the refrigerator plants move to places where they can pay ~$1.50/hour for manpower, then the people who formerly built refrigerators (or whatever) need to be reeducated in skills that are worth more. And we need to quit putting the blame on them. Only government can set up free reeducation programs.

[crimsonlung]

here is the response the governor should of given that man when asked the question at the end:

Maybe you should of gotten yourself an education and looked for a better job.

Maybe you should of looked into the future a little better, any idiot knows building refrigerators cant last forever.

[camilleamontoya]

A new economic model is desperately needed. Consider a resource based economy. Jacque Fresco explains this in his book The Best That Money Can't Buy.

[jessemaurais]

The "old" prescriptions do work. But cutting taxes and shrinking government are not "old" prescriptions, they're relatively new. They're the tropes of the republican party, which sound great to people who don't know dick about macroeconomics.

[MisterEvil1]

What do you do?

It's called a Resource Based Economy!

[jwadden1979]

Stop buying stuff made outside of North America

[WarThug13]

@jwadden1979 Trust me since I was 16 thats what I strive to do, every single product I look at I find out where its made and where the company who makes it is based, and honestly there is NOTHING made in america anymore and the american companies that are still left make all there stuff in china, I was looking for screen protectors the other day, and I searched for 2 hours, not a damn thing made in the USA, its impossible to buy american, because nothing is american anymore

[bamboo4tameshigiri]

@WarThug13 Its almost impossible to buy a US flag that is still made in the US.

[Htown75]

@jwadden1979 If you can find where anything is "made is USA", please share the link.....damn near impossible to but American anymore....

[Crazyglues]

It's very simple there is no good answer for that Question at the end of the video, because the real answer is not one anyone is gong to say to your face, If all you know how to do is build a fridge then no-one is going to hire you.. Well not here anyway, maybe in Mexico..

-But i don't think you want to work over there... especially for 85% less then what you were getting paid..

GREED is America's biggest problem, these companies didn't go overseas to survive, they did it to Make More Money

[splicedenergy]

@Crazyglues Nah, people say it. They just get called liberal commies in response:)

[geo88058]

@Crazyglues You are totally correct!

[MrDiplomatSwag]

@Crazyglues exactly man most companies around the world have some type of country loyalty but not here in the US they just want an easy buck to make up for their lack of innovation

[rebecaha]

The answer is to not allow any companies to be owned by a few greedy individuals. Companies must be owned by all employees. No company becomes great without it's employees.

[wizard4204]

driver responsibility fee is BS

i hates this lady she did a good job bleeding us commoners dry

[PompousPreacher]

Jennifer Granholm seems like a down to earth kind of person who's actually in touch with reality, but I'll bet while she was Governor of Michigan she was a Creationist, believed the best way to solve unemployment was to give tax breaks to the rich, believed climate change was a "far left hoax" and passed laws to reduce funding to education.

[XavierMacX]

@PompousPreacher No. I lived under her for both of her terms. She was the opposite of all of that. (You know she's a Democrat, right?)

She's one of the only reasons Michigan hasn't become *completely* a black hole. In fact, you should head to Grand Rapids sometime and see what real growth in a city looks like.

[igoronline]

2:13 libertarian (A.K.A. Austrian school) economics don't work anywhere, with or without big bad China around.Less government means less progress.

[vexelworrior]

wow