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Thread: GE moving X-ray business to China

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    Re: GE moving X-ray business to China

    Quote Originally Posted by drz-400 View Post
    Saying that you think tariffs should be added to account for differences in environmental and labor laws is protectionism because it restrains trade between countries. Saying that there should be a solution implies that there is a problem to begin with. I do not think there is a problem with what GE is doing. Allow them to invest in china. Shareholders (many Americans) will see returns. We will see cheaper and more goods being imported from overseas and can specialize in what we have comparative advantage in for example environmental engineering services, thus producing more goods than was possible before, a mutual benefit.
    What do we pay? And we do have a problem. I don't think we should go t slave labor in order to compete. Nor do any conservatives, or many anyway, want to go to a UHC system in order to put our indsutry on a level playing field. It seems to me that James and others are emrely seeking to put us on the same level, able to compete fairly. Am I missing something?

    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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    Re: GE moving X-ray business to China

    Quote Originally Posted by Μολὼν λαβέ View Post


    Wasn't/Isn't G.E.’s chief executive, Jeffrey Immelt, the chairman of the President’s Council on Jobs and Competitiveness? I guess he's getting out before he has to start paying taxes. This should be great for the 2012 campaign. Even paying no taxes could keep Obama's business buddy from moving business interests to China.

    GE's slogan should read: Progress to China is our most important product.

    So Obama is owned by big businesses, not a socialist....

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    Re: GE moving X-ray business to China

    Quote Originally Posted by SheWolf View Post
    So Obama is owned by big businesses, not a socialist....
    Keep up. He's everything all at once!!!!




    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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    Re: GE moving X-ray business to China

    We need to get serious about fixing the business atmosphere in this Nation and that might just include the need for tariffs like we used to run most of the Government off of before we changed the game.

    It would make going offshore less attractive.

    It would also demand that we get off this BS of free trade that has not helped us in the long run but has been great for big business, while it costs us jobs.

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    Re: GE moving X-ray business to China

    Quote Originally Posted by AdamT View Post
    Why make your presidential frontrunner a guy who made his millions slashing jobs and sending them overseas?
    I have no idea what you are talking about.

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    Re: GE moving X-ray business to China

    Quote Originally Posted by Boo Radley View Post
    What do we pay? And we do have a problem. I don't think we should go t slave labor in order to compete. Nor do any conservatives, or many anyway, want to go to a UHC system in order to put our indsutry on a level playing field. It seems to me that James and others are emrely seeking to put us on the same level, able to compete fairly. Am I missing something?
    Well, technically, if you want to get into the economics of it we would pay a cost called a "dead weight loss." However, I am not questioning your motivations, I am simply saying such a policy would be protectionism because it restrains trade between countries, and would be disadvantageous to the US because the benefits of trade such as being discussed in this thread outweigh the costs, morality aside. However, slave labor is a bit of a stretch considering working for GE in china would be completely voluntary. It might be hard for you to believe but many in china might want to work for the company even at wages that may be lower than they would be paid here. Is it moral to take away that opportunity? Your complaining about not being able to compete fairly with a country that is still ridden with poverty, especially when compared to a rich nation like the US, seems like your sympathies are backwards.

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    Re: GE moving X-ray business to China

    Quote Originally Posted by 1Perry View Post
    Then why didn't they when they owned both house and the White House? Why make the poster boy for shipping jobs over seas your jobs czar?
    Guess you never heard of a filibuster?? Do you pay attention at all?? Obama's entire presidency has been an extension of the Bush administration because republicans have demanded a super majority for just about everything.. Anyone that blames him for anything is a complete moron and a liar..

    Obama is only responsible if he was allowed to pass his legistlation and make the changes he wanted to make.. Since republicans have blocked or tried to block everything.. Then there isn't much to say.. Bush got his policies passed.. Can't republicans be good sports and let a democrat do the same thing?? Oh? Wait?? Since when are republicans good sports??

    'If ballots don't work, Bullets will..' Spoken by a republican..


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    Re: GE moving X-ray business to China

    Quote Originally Posted by drz-400 View Post
    Well, technically, if you want to get into the economics of it we would pay a cost called a "dead weight loss." However, I am not questioning your motivations, I am simply saying such a policy would be protectionism because it restrains trade between countries, and would be disadvantageous to the US because the benefits of trade such as being discussed in this thread outweigh the costs, morality aside. However, slave labor is a bit of a stretch considering working for GE in china would be completely voluntary. It might be hard for you to believe but many in china might want to work for the company even at wages that may be lower than they would be paid here. Is it moral to take away that opportunity? Your complaining about not being able to compete fairly with a country that is still ridden with poverty, especially when compared to a rich nation like the US, seems like your sympathies are backwards.
    One man's exploitation may seem like another man's opportunity, but it would still be exploitation. Instead of moving China towards fairness, we seem to want to profit off their unfairness. I do see that as a moral issue, and not something that can be fairly competitive. these ultimately leads to the very wealthy becoming more so, and working people having to get less and less. How this plays largely depends on where you sit.

    China is a world power. It is not Afghanistan. It is not Sudan. It is not even mexico. There is not as much reason for their poverty as you seem to suggest.

    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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    Re: GE moving X-ray business to China

    Quote Originally Posted by Ikari View Post
    Well I don't think Obama is anymore interested in American jobs than Bush was. They all wanna protect their big corporate buddies out there.
    Bashing both sides again with no solution of your own.
    "He who does not think himself worth saving from poverty and ignorance by his own efforts, will hardly be thought worth the efforts of anybody else." -- Frederick Douglass, Self-Made Men (1872)
    "Fly-over" country voted, and The Donald is now POTUS.

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    Re: GE moving X-ray business to China

    Quote Originally Posted by Boo Radley View Post
    I don't think we should go t slave labor in order to compete
    well, thank goodness for that

    LOL!

    Am I missing something?
    just the facts

    U.S. Delays Report On China Currency Manipulation : NPR

    these ultimately leads to the very wealthy becoming more so
    dept chair?

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