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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 jamesrage View Post
    If imposing tariffs on companies that outsource to exploit dirt cheap labor and lack of safety and environmental laws so that American companies can actually compete with foreign ones is protectionism then so be it.Other than reworking the trade agreements requiring participating parties to pay their workers what they would pay Americans and adhere to the same worker safety and environmental laws then tariffs is the only other solution. I suppose that if you see nothing wrong with manufacturing jobs leaving the US, the US being at the mercy of these countries that manufacture, unpatriotic, and could care less about the fact we are literally aiding one the largest communist countries in the world then I suppose unrestricted outsourcing is a good thing to you. Our elected officials should not have allowed this to happen and should not be encouraging it.If our elected officials suppose to benifit anyone it should be we Americans.
    Right on Jamesrage. You are full of surprises. I am surprised you have this point of view. It's not "Very Conservative" of you compared to the other "Very Conservative" people here at the forum. Fines, tariff's, or any other measure costing corporations money, is just another way of saying "tax." I'm impressed. But, then again, I have been impressed with other positions you have taken in the past, that seemed somewhat out of character, as well. Just goes to show you, that even the "Very Conservative" have the capability of critical thinking and that Jamesrage is true to his own free thinking and not a slave to the FOXNews crowd. MY kind of conservative!

    Rock on brother!

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    Re: GE moving X-ray business to China

    Quote Originally Posted by jamesrage View Post
    If imposing tariffs on companies that outsource to exploit dirt cheap labor and lack of safety and environmental laws so that American companies can actually compete with foreign ones is protectionism then so be it.Other than reworking the trade agreements requiring participating parties to pay their workers what they would pay Americans and adhere to the same worker safety and environmental laws then tariffs is the only other solution. I suppose that if you see nothing wrong with manufacturing jobs leaving the US, the US being at the mercy of these countries that manufacture, unpatriotic, and could care less about the fact we are literally aiding one the largest communist countries in the world then I suppose unrestricted outsourcing is a good thing to you. Our elected officials should not have allowed this to happen and should not be encouraging it.If our elected officials suppose to benifit anyone it should be we Americans.
    Not picking on you as there many coming up with this arguement, yours just happened to be the one I quoted.

    I've covered this many times. Tariff's are not the answer. The way we tax corporations is. Tariff's result in nothing but a trade war. Nobody is going to win.

    Let's take two mythical companies making microwaves. Company A makes them in Indiana and company B makes them in China. Company A gets taxed at 23% on their profits and company B gets taxed at 35% on their profits. It's certainly not this simple but it can be worked out.

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    Re: GE moving X-ray business to China

    Quote Originally Posted by OscarB63 View Post
    GE is in buisness to make a profit. can you blame them for not wanting to pay unskilled US workers $10-$15 an hour when they can pay unskilled chinese workers pennies a day?
    Yes I can and here is why. China has a history of ripping off intellectual property. Be it in patents, knock off merchandise or even dumping. When that happens who is GE going to come to? Not China.

    look what happened to the mom & pops and the corner 5 and dimes once wallyworld came along. how many US consumers were willing to keep paying higher prices to keep mom and pop in business when they could get the same goods much cheaper from Sam Walton?
    Sam Walton was big on providing made in the U.S. items. Yes, they were cheaper than the mom and pop but that also would work to keep the Chinese items at bay. Wal-Mart isn't like that now unfortunately. They are now China's bitch.

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    Re: GE moving X-ray business to China

    Quote Originally Posted by 1Perry View Post
    Not picking on you as there many coming up with this arguement, yours just happened to be the one I quoted.

    I've covered this many times. Tariff's are not the answer. The way we tax corporations is. Tariff's result in nothing but a trade war. Nobody is going to win.

    Let's take two mythical companies making microwaves. Company A makes them in Indiana and company B makes them in China. Company A gets taxed at 23% on their profits and company B gets taxed at 35% on their profits. It's certainly not this simple but it can be worked out.
    Tax, tarriff. Tomato, to-mah-to. As long as the gubberment puts measures in place that level the playing field, I'm cool with it, whatever we end up calling it. But I assure you it will never happen until our children ask, one day, "Daddy, what WAS a republican?"

    It's GREAT to be me. --- "45% liberal/55% conservative"
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    Re: GE moving X-ray business to China

    Quote Originally Posted by Captain America View Post
    Tax, tarriff. Tomato, to-mah-to. As long as the gubberment puts measures in place that level the playing field, I'm cool with it, whatever we end up calling it. But I assure you it will never happen until our children ask, one day, "Daddy, what WAS a republican?"
    Indeed mine was Obama's plan. He completely forgot about it though. Instead he made Immelt his jobs czar. No, both parties are to blame and it's never going to happen until folks like you, realize that.

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    Re: GE moving X-ray business to China

    Quote Originally Posted by 1Perry View Post
    Not picking on you as there many coming up with this arguement, yours just happened to be the one I quoted.

    I've covered this many times. Tariff's are not the answer. The way we tax corporations is.
    Isn't that a tariff when we impose extra taxes on companies that outsource?

    Tariff's result in nothing but a trade war. Nobody is going to win.
    I hate to tell you this but we are already losing the trade war. When we say "The idea that American companies can compete with foreign companies that pay their workers a 120 dollars a month as well as little to no health and environmental regulations is absurd." That applies to American made goods sold over seas too. I do not see china or India imposing extra taxes on Chinese and India made goods so that American made goods sold there can compete fairly over in those countries.

    And seeing how they pay their workers a 2-4 bucks a day I seriously doubt they can afford American made goods to begin with. So this Oh if we impose tariffs then we will get in a trade war with China is utterly ridiculous.

    Let's take two mythical companies making microwaves. Company A makes them in Indiana and company B makes them in China. Company A gets taxed at 23% on their profits and company B gets taxed at 35% on their profits. It's certainly not this simple but it can be worked out.
    Just like all other business expenses that are passed onto the consumer, corporate taxes will be as well.Will a 10% tax increase when spread out amongst their products that consumers are buying actually make a significant price difference?
    "A nation can survive its fools, and even the ambitious. But it cannot survive treason from within. An enemy at the gates is less formidable, for he is known and carries his banner openly. But the traitor moves amongst those within the gate freely, his sly whispers rustling through all the alleys, heard in the very halls of government itself. For the traitor appears not a traitor; he speaks in accents familiar to his victims, and he wears their face and their arguments, he appeals to the baseness that lies deep in the hearts of all men. He rots the soul of a nation, he works secretly and unknown in the night to undermine the pillars of the city, he infects the body politic so that it can no longer resist. A murder is less to fear"

    Cicero Marcus Tullius

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    Re: GE moving X-ray business to China

    Quote Originally Posted by Captain America View Post
    Right on Jamesrage. You are full of surprises. I am surprised you have this point of view. It's not "Very Conservative" of you compared to the other "Very Conservative" people here at the forum. Fines, tariff's, or any other measure costing corporations money, is just another way of saying "tax." I'm impressed. But, then again, I have been impressed with other positions you have taken in the past, that seemed somewhat out of character, as well. Just goes to show you, that even the "Very Conservative" have the capability of critical thinking and that Jamesrage is true to his own free thinking and not a slave to the FOXNews crowd. MY kind of conservative!

    Rock on brother!
    I was once on that world trade band wagon. Can't really call yourself patriotic if you support the outsourcing of American jobs and leaving us at the mercy of countries that do manufacture especially to communist countries. There is the fact that since companies are outsourcing to China they are building China up, which means china can spend more money on their military and be a bigger thread to us.
    "A nation can survive its fools, and even the ambitious. But it cannot survive treason from within. An enemy at the gates is less formidable, for he is known and carries his banner openly. But the traitor moves amongst those within the gate freely, his sly whispers rustling through all the alleys, heard in the very halls of government itself. For the traitor appears not a traitor; he speaks in accents familiar to his victims, and he wears their face and their arguments, he appeals to the baseness that lies deep in the hearts of all men. He rots the soul of a nation, he works secretly and unknown in the night to undermine the pillars of the city, he infects the body politic so that it can no longer resist. A murder is less to fear"

    Cicero Marcus Tullius

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    Re: GE moving X-ray business to China

    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?
    Last edited by Grant; 07-27-11 at 04:41 PM.

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    Re: GE moving X-ray business to China

    Quote Originally Posted by jamesrage View Post
    Isn't that a tariff when we impose extra taxes on companies that outsource?
    No it isn't.

    I hate to tell you this but we are already losing the trade war. When we say "The idea that American companies can compete with foreign companies that pay their workers a 120 dollars a month as well as little to no health and environmental regulations is absurd." That applies to American made goods sold over seas too. I do not see china or India imposing extra taxes on Chinese and India made goods so that American made goods sold there can compete fairly over in those countries.
    Why should they? They don't have to.

    And seeing how they pay their workers a 2-4 bucks a day I seriously doubt they can afford American made goods to begin with. So this Oh if we impose tariffs then we will get in a trade war with China is utterly ridiculous.
    Maybe you need to expand your knowledge.

    Buick sales top 3 million in China since 1999 | MLive.com

    Just like all other business expenses that are passed onto the consumer, corporate taxes will be as well.Will a 10% tax increase when spread out amongst their products that consumers are buying actually make a significant price difference?
    The company paying 35% can't just pass that on when there is another company with a tax advantage. Yes it will make a difference.

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    Re: GE moving X-ray business to China

    Quote Originally Posted by OscarB63 View Post
    GE is in buisness to make a profit. can you blame them for not wanting to pay unskilled US workers $10-$15 an hour when they can pay unskilled chinese workers pennies a day?

    look what happened to the mom & pops and the corner 5 and dimes once wallyworld came along. how many US consumers were willing to keep paying higher prices to keep mom and pop in business when they could get the same goods much cheaper from Sam Walton?
    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.

    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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