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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.
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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.
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@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
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Automated Factories, the way of the future.
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Granholm used Michigan as a steppingstone to HOLLYWOOD POLITICS.
ANYONE NOTICE...She had the warts gnawed off her face ? Lousy politician,Fabulous attention whore.
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wish she could have been quiter.
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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.
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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.
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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...
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
Crazyglues 2 months ago 26
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.
igoronline 2 months ago 10