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Thread: GE moving X-ray business to China

  1. #171
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    Re: GE moving X-ray business to China

    Quote Originally Posted by SheWolf View Post
    A lot of people hate Reagan, and a lot of people hate FDR.. with the way this country is today, neither of them would have a chance at getting anything passed. The extremes of both parties would rather undo everything those two did, than work with somebody like them.
    I fully realize it. However, during their time in office, they accomplished much of what they sought to achieve, even as they pursued policies that were on opposite ends of the political spectrum. More than likely, if the nation is to meet its big challenges, it will need a transformational leader who has the ability to align public support behind the policy framework necessary to address those challenges. The messy process concerning raising the debt ceiling (a necessity to avoid a self-inflicted crisis) and inability to launch a credible fiscal consolidation program to begin tackling the nation's medium- and long-term imbalances reflects the limits of today's leaders. They may be relatively skillful managers and truly desire to reach a grand bargain, but they do not have the full range of attributes that make transformational leaders exceptional in carrying out big change.

  2. #172
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    Re: GE moving X-ray business to China

    Quote Originally Posted by donsutherland1 View Post
    My point is that Wal-Mart's impact is not a negative. Although it contributes to the trade deficit, a focus strictly on its trade balance impact is overly narrower. A more complete analysis cannot ignore the savings it provides consumers on account of leveraging its global reach. Were there no Wal-Mart, consumer welfare would be harmed on account of higher prices. If American suppliers wish to do business with Wal-Mart, they need to offer their goods at prices that are world-competitive, and some do. Otherwise, Wal-Mart's business model would be compromised.
    Wal mart's prices aren't really that much lower than Targets, Costcos, or even small business suppliers that I order from on Amazon.com, and they aren't contributing as much to the trade deficit as Wal Mart. The little guys on Amazon are probably not even contributing to the trade deficit at all.

    You were acting like the only companies Wal Mart competes with are luxury, high end companies.
    Last edited by SheWolf; 07-27-11 at 10:06 PM.

  3. #173
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    Re: GE moving X-ray business to China

    Quote Originally Posted by donsutherland1 View Post
    I fully realize it. However, during their time in office, they accomplished much of what they sought to achieve, even as they pursued policies that were on opposite ends of the political spectrum. More than likely, if the nation is to meet its big challenges, it will need a transformational leader who has the ability to align public support behind the policy framework necessary to address those challenges. The messy process concerning raising the debt ceiling (a necessity to avoid a self-inflicted crisis) and inability to launch a credible fiscal consolidation program to begin tackling the nation's medium- and long-term imbalances reflects the limits of today's leaders. They may be relatively skillful managers and truly desire to reach a grand bargain, but they do not have the full range of attributes that make transformational leaders exceptional in carrying out big change.
    Reagan and FDR didn't have the 24 hour news networks pushing hyper partisan rhetoric on people either... I am not as optimistic as you.

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    Re: GE moving X-ray business to China

    Quote Originally Posted by jamesrage View Post
    This is why I am against outsourcing. Free trade just allows everyone to trade jobs and manufacturing to China.
    The whole free trade movement was masked as a helping hand to countries struggling economically.... it can be argued that yes, it has helped them, but not without feeding our own corporations' greed first. Free trade was America's way of exploiting laborers in other countries for next to nothing while simultaneously forcing our products on them and nearly eliminating their meager profits from exports they once had.

    Follow me on Twitter @AmandaCourtney6 !! (:

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    Re: GE moving X-ray business to China

    Quote Originally Posted by SheWolf View Post
    Reagan and FDR didn't have the 24 hour news networks pushing hyper partisan rhetoric on people either... I am not as optimistic as you.
    To be clear, I am not suggesting any guaranteed outcome. I am suggesting that a transformational leader might offer the best prospect of assuring a good outcome. The current leaders are inadequate for the task at hand.

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    Re: GE moving X-ray business to China

    Quote Originally Posted by AmandaCourtney View Post
    The whole free trade movement was masked as a helping hand to countries struggling economically.... it can be argued that yes, it has helped them, but not without feeding our own corporations' greed first. Free trade was America's way of exploiting laborers in other countries for next to nothing while simultaneously forcing our products on them and nearly eliminating their meager profits from exports they once had.
    IMO, that's a far too harsh perspective. Indeed, former Singapore Prime Minister gives multinational corporations (MNC's) enormous credit for facilitating Singapore's rapid economic development. In his memoirs, he recounted:

    General Electric (GE) set up in 1970 six different facilities for electrical and electronic products, circuit breakers and electric motors. By the late 1970s, GE was to become the largest single employer of labour in Singapore. American MNCs laid the foundations for Singapore's large high-tech electronics industry. Although we did not know it then, the electronics industry was to mop up our unemployment and turn Singapore into a major electronics exporter in the 1980s.

    Source: Lee Kuan Yew, From Third World to First: The Singapore Story: 1965-2000, Singapore: Times Editions, 2000, p.85.

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    Re: GE moving X-ray business to China

    Quote Originally Posted by SheWolf View Post
    We can't keep promising tax cuts either... eventually we are going to have to pay back what we have borrowed. Yes, people need to make sacrifices, but we shouldn't sacrifice innovation and investing in our own country. The parties are trying to wage one class against the other. The government is entirely dysfunction, and that's a major problem in and of itself. We need to have a grown up talk about spending cuts and investments. Simply attacking all spending is being blind, because that's is just leading to class warfare accusations from both sides.
    Iagree with you ... we only disagree on the timing of such things ... see I look back over the last 30 years and see all the times we have been promised these spending cuts, how many times we were going to take care of SS and Medicare problems, how many times we were going to get our fiscal house in order, and it's has just never happened ... after 30 years of lies, I'm not about to trust anyone telling Me .. that we will have serious spendings cuts of some undisclosed amount somewhere down the road.

    show Me provable spending cuts, show me you can go to work on our broken programs and make them more efficient and less costly, revise SS and medicare so that future generations are secure, once you do this .. once you prove you can rein in this crazy spending spree you've been on ... once you do that .... then come and ask for my help via the tax increases, once I'm shown they are serious about putting our fiscal house in order, I would be more then happy to contribute to help us out of this mess.... but until they can show they are serious... then they need to make do with what they are getting ..
    Last edited by The Barbarian; 07-28-11 at 12:18 AM.

  8. #178
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    Re: GE moving X-ray business to China

    IMO the "spending is out of control" argument is overblown. If we return to historically average tax rates, that in and of itself would stop the debt from growing. If we couple that with reasonable cuts to military spending and common sense (read -- not drastic) adjustments to entitlements, we could actually start paying down the debt. Too much of this deficit hysteria is premised on temporary spending that was necessary to blunt the impact of the worst recession since the Great Depression.

  9. #179
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    Re: GE moving X-ray business to China

    Quote Originally Posted by AdamT View Post
    IMO the "spending is out of control" argument is overblown. If we return to historically average tax rates, that in and of itself would stop the debt from growing. If we couple that with reasonable cuts to military spending and common sense (read -- not drastic) adjustments to entitlements, we could actually start paying down the debt. Too much of this deficit hysteria is premised on temporary spending that was necessary to blunt the impact of the worst recession since the Great Depression.
    This is a valid argument.. Some people don't want to pay more taxes, and some don't want their programs cut. The parties are pitting the two sides against each other, and not meeting much in the middle. It's up to the people to decide and the parties to follow the will of the people. The parties are just successful at holding us hostage and not fixing any of the problems.

  10. #180
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    Re: GE moving X-ray business to China

    Quote Originally Posted by winston53660 View Post
    Shhhhhh, if you don't BELIEVE we're first in everything, you hate America.

    AUSTAN GOOLSBEE: I think the world vests too much power, certainly in the president, probably in Washington in general for its influence on the economy, because most all of the economy has nothing to do with the government.

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