There is much discussion about unemployment and job creation, however we fail to ask the most important question. What kinds of jobs are being created? For the most part they are temporary jobs, and contract work. But this is nothing new. For decades, American employers in increasing numbers have been filling permanent positions with low paid less skilled temps and contract workers. Aren't employers concerned that they are not building a loyal highly skilled work force? No! Todays employers dont need as many highly skilled workers because they dont produce products that require it. Just how much skill does it take to flip a burger, pack a shipping carton, operate a cash register, or empty bedpans? So where are the good jobs? They have gone overseas along with many American industries. Over the last 50 years we watched the greatest industrial nation on earth transition into a service based economy. Forty percent of the economy produces no real goods. This has to change if we expect the 21st century to bring real economic growth and prosperity to the country.
Neither party offers any viable solution. What is needed is a trade policy that benefits American businesses and workers. We need to stop treating China, Japan, Korea, and EU countries as partners. They are not partners. They are competitors, whose goal is to kick our economic ass, and they are doing a good job of it. Free trade and NAFTA have been an economic disaster for the US. While we have opened up our boarders to foreign trade, they have created laws and regulation to protect local industries from completion. While we have refrained from putting government money into private industry, they have poured government funds into product research and development. Some say we can't compete because our wages are too high. This isn't true. In Japan wages are 10 times that of China, yet the Japanese export 90 billion plus each year to China. All American businesses needs is a level playing field to successfully compete abroad. The question is who has the guts to do what is needed.
http://www.squidoo.com/eamonn-fingleton#module44585322
The U.S. Trade Deficit
U.S. Bureau of Labor Statistics
Japan's Trade Buddies: Top 15 Japanese Export & Import Partners
Neither party offers any viable solution. What is needed is a trade policy that benefits American businesses and workers. We need to stop treating China, Japan, Korea, and EU countries as partners. They are not partners. They are competitors, whose goal is to kick our economic ass, and they are doing a good job of it. Free trade and NAFTA have been an economic disaster for the US. While we have opened up our boarders to foreign trade, they have created laws and regulation to protect local industries from completion. While we have refrained from putting government money into private industry, they have poured government funds into product research and development. Some say we can't compete because our wages are too high. This isn't true. In Japan wages are 10 times that of China, yet the Japanese export 90 billion plus each year to China. All American businesses needs is a level playing field to successfully compete abroad. The question is who has the guts to do what is needed.
http://www.squidoo.com/eamonn-fingleton#module44585322
The U.S. Trade Deficit
U.S. Bureau of Labor Statistics
Japan's Trade Buddies: Top 15 Japanese Export & Import Partners