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Thread: GE moving X-ray business to China

  1. #101
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    Re: GE moving X-ray business to China

    Quote Originally Posted by Ikari View Post
    Dude, oil companies get like 8 billion a year in subsidies and tax cuts.
    You know I've heard this over and over .. and I have yet to find anyone that can show any details saying we give oil companies 8 billion a year in subsidies and tax cuts that we don't give any other global business .. . Perhaps "you" have that link showing this .... . or perhaps you are just the like the others, and takes that talking point because it sounds good to you

  2. #102
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    Re: GE moving X-ray business to China

    Quote Originally Posted by Grant View Post
    Other countries, like Canada, Australia and New Zealand, are competing with China and doing just fine.

    There have always been countries where the workers were paid less, yet America thrived. Today they are stuck.

    And you think that's China's fault? Or a corporation's fault?
    The fault is on the ideology of free trade and free traders, for believing this is going to end up making all of us better off in the long run.

  3. #103
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    Re: GE moving X-ray business to China

    Quote Originally Posted by SheWolf View Post
    Except Germany and Japan aren't shipping all their jobs to China
    They're competing, and doing quite well in the process. They countries use quality too gain advantage, people are willing to pay for it, and they do very well as a result.


    It really shouldn't be a mystery but now Americans, the last ones who should be doing this, are talking of protectionism, tariffs, and setting up walls. It's an amazing turnaround for this once so successful nation,

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    Re: GE moving X-ray business to China

    Quote Originally Posted by SheWolf View Post
    The fault is on the ideology of free trade and free traders, for believing this is going to end up making all of us better off in the long run.
    Canada has free trade with quite a few countries and is doing very well.

    Negotiations and Agreements, by Category

  5. #105
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    Re: GE moving X-ray business to China

    This story looks to me like much ado about nothing.

    GE said it doesn't expect the move to result in any job losses in the U.S., where the unit has been based in Waukesha, Wisc. The Wisconsin X-ray division has 120 employees. The company also said it is too early to say how many employees it will hire for the unit's new Beijing headquarters.

    WSJ UPDATE: GE Moving Top X-Ray Executives To China - FoxBusiness.com

  6. #106
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    Re: GE moving X-ray business to China

    Quote Originally Posted by Boo Radley View Post
    Blame? Well, then you have to be willing to accept third world living standards here. You can't have a high standard of living and then say business is right to leave so they can get third worl labor for pennies. Like I said, it's a bit of a moral issue.

    And yes, many were short sighted. Many pay for cheap prices but forget they are sliting their own throats. However, that doesn't change that both are still wrong. My friend may be correct in that we are mexicanizng the US, making the division greater between rich and poor and brining back low, low, low wages. But we can't blame anyone.
    Free trade is supposed to level everybody out... workers will all be worth the same all around the world. In theory, companies will be more efficient , have bigger profits to reward workers with, and everybody in the world will benefit. The problem is, not everybody in the world nor all policy makers are "free traders." Some people and countries won't engage in it, or will try to protect their laborers with union rights. What will happen, is the countries that engage in free trade and compete with "slave wages" will just reduce themselves to a third world economy.

    I think of free trade like I think of Marxist communism, in order for it to work, the entire world has to engage in the same policies and there can be no resistance... and that's never gonna happen

  7. #107
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    Re: GE moving X-ray business to China

    Quote Originally Posted by Grant View Post
    What you seem to be saying is that the Americans, with an unparalleled history of innovation and invention, cannot now compete in a changing world.

    It seems your education system, as well as your leadership of course, really needs an overhaul.
    This is all true. A lot of people here are ****ing stupid and not willing to invest money in innovation and infrastructure because investing = spending, and people are on an anti spending for anything and everything crusade.

  8. #108
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    Re: GE moving X-ray business to China

    Quote Originally Posted by Boo Radley View Post
    Compete? If we were speaking of innovation and invention, I would agree with you that we can. But we're not. We're talking about salary for that. To compete in that arena, we must take less, less pay, less benefits, less good living. I'm asking if we really want to compete in that way?
    Just curious, what is the choice if we don't decide to compete in that way? Do you think that jobs are going to just suddenly start appearing here in the USA with no changes? If not and those decent paying jobs keep moving overseas, which they will .. what are our options ??

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    Re: GE moving X-ray business to China

    Quote Originally Posted by SheWolf View Post
    The fault is on the ideology of free trade and free traders, for believing this is going to end up making all of us better off in the long run.
    I would argue that the fault has less to do with free trade and more to do with national competitive advantages. For example, in 2010, the U.S. had a $273 billion trade deficit with China, with almost $4 in imports for every dollar in exports. Meanwhile, using a $1.40 Euro-Dollar exchange rate, Germany had a much more modest $32 billion trade deficit with China. In that case, Germany imported $1.43 for every dollar it exported.
    Last edited by donsutherland1; 07-27-11 at 05:57 PM.

  10. #110
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    Re: GE moving X-ray business to China

    Quote Originally Posted by Grant View Post
    There are opportunities everywhere, now more than ever, and Americans used to be the best in finding them. Now they've become spoiled and expect everything to be handed to them, an idea that would once have been unthinkable to their independent nature

    I hope they'll find the inspiration to rise above their malaise. They did once before but with each generation it seems to become more difficult.
    Do you have specifics you would like to see?

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