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.
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.
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.
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
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.
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.
Well, long comments here...
Artificialkel 3 years ago
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.
15deathblade 3 years ago
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.
15deathblade 3 years ago
Trade-
In short we import more than we export. So what do we have to offer to other countries?
notthehulk442 3 years ago
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.
gq5341 3 years ago
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
RoddyYoung 3 years ago
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.
Astrognaw 3 years ago
McCain-Palin this ticket is the right answer to all your questions and concerns
gmatar 3 years ago
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.
gr8alias 3 years ago
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 3 years ago