Americans simply aren't worth the spoiled lifestyle they are accustomed to

Like it or not, this is a global economy, and it will remain a global economy. You're no longer worth more than the guy doing your job in another nation. That is the very root of the situation. America has been the benefactor of a manipulated international monetary agreement and that ship has sailed.

The dollar was the "key currency" until enough nations were sick of the scheme and demanded payment as America continued to inflate and thus, Nixon completely abandoned the pseudo-gold standard.

Now, we all have freely-fluctuating fiat currencies, imports are much cheaper than buying American, international corporations go to where the profits are maximized, also pushing along their exit were the enviro-extremists and taxmongers.

To re-establish industry in the US and compete on a global market, you'll have to forfeit the idea that you are special.

 

Seems to me the Euro is in BIG trouble, Euro-types are now buying US Treasuries.

The U.S. government auctioned $16 billion in 30-year bonds at a low yield Thursday, reflecting continued strong demand for ultra-safe investments.

Link: http://survive-prosper.com/2012/08/...nd-at-auction-of-16-billion-in-30-year-bonds/

And...

Demand at the auction was unusually strong from indirect bidders, including overseas central banks seeking shelter from uncertainty about Europe and the global economy.

 

Seems that most are more worried about the Euro than the dollar, but I often hear them linked. The Euro is still a very young currency and many thought it was doomed from the start.

I wasn't so much getting at the possibility of the dollar tanking, just the import/export situation and what American workers can realistically expect to happen in a global economy without the advantage of everyone pyramiding their currency on top and holding dollar reserves.

 

I don't think Ann Romney would be happy with you right now. She believes she IS special. (her butler told her so).

 

I don't think Ann Romney would be happy with you right now. She believes she IS special. (her butler told her so).

 

The 'economy' is nothing more than what we are TOLD it is. Fiat currency seems to be the rule rather than the exception now. This gives politicians the ability to manipulate currency to their advantage. In America, it means procuring and keeping a voting block. In other countries it means keeping the people in a constant state of need so the 'powers that be' can fulfill those needs in exchange for loyalty. This administration (Obama admin) is more like the latter.

American workers have been shafted by organized unions who have exacted so much 'other than wages' revenue from private corporations that many of those corporations can no longer exist within the borders of the U.S. without close ties to government policy-wonks. The only solution for them is to seek off-shore places where the general wage is lower and there are less draconian taxation and environmental policies.

Levies on our exports do nothing to cure the problem BECAUSE of the global economy that exists. The ANSWER is to GET GOVERNMENT OUT OF PRIVATE BUSINESS and go back to SENSIBLE REGULATION. PERIOD.

 

Americans are special. Scroo your Global economy. We're going to return to our former greatness and drag you lefties along for your own good.

 

Now how can we do that when all our jobs are in India??? I know. I know...hedge funds and accounting tricks.

 

Oh and because 'RtWngaFraud' has a deep-seated, unsupported HATRED for Ann Romney she should believe him? Go away...Don't go away mad...Just go away.

 

I don't see the US Problem as a left or right problem. I see the US Problem as a US Government problem.

I dearly hope the EXISTING US GOVERNMENT can take control of its country, retain itself, and come out of it VERY €£¥#%^* DIFFERENT than it currently is.

 

Dump the Preezy and get a real honest to God American President. easy.

 

I don't hate her specifically...she's just a crazy elitist. I hate her party and her husband's theft of American jobs for personal profit. Ann is just a crazy pig.

 

Did kooky Ann flip out last night? Any foam bubbling out of her crazy mouth? Did the billionaire tell anybody his plan of catering to the super wealthy, or is it still unknown exactly what the heck his specifics are?

 

Yeah, the Left respects women.

 

Sort of, but it also requires better educating your workforce.

 

We produced almost a quarter of the worlds output last year. Based on actual data, America is special... the most special economy in the history of mankind, which is why we are so spoiled. Plus who would you consider better off than us? The Chinese? Japanese? The EU?? No way, the world is a mess and even in this mess America still is the most powerful and robust economy in the world.

 

We're "special" in terms of overall economic power, but plenty of countries can be argued to have a higher standard of living.

Norway is one, for example.

 

Yea, it's much easier for small economies consisting of primarily the same culture, then a massive population with a smorgasbord of cultures and people. On average our standard of living might be less than that of Norway, but overall the robustness of our economy provides many more opportunities, entertainment, and just overall more stuff... then a small country like Norway. So it's much easier for our average stats to be weighed down by the mass of uneducated and degenerate people we have.

 

I guess the question is... what do you consider more special? Diversity has its strengths, but so do things like better public amenities and low crime.

Your priorities largely determine what you consider the optimal conditions of life.

 

I consider special in terms of the higher end qualities. We are more special at about everything that does not include "averages". We are the best at being the best, the most wealthy humans, the highest educational systems in the world, the most technologically advanced, the biggest most powerful military, even our entertainment like movies, sports, etc are second to none. We just have this mass robustness that if you are lucky to make it in this country that you have access too. If we are talking about averages, we are not that great because we have 10s of millions of very uneducated, unskilled people in this country that really bring our averages down. I guess if I was poor I rather live in Norway, but having money and healthcare, I much rather live in America. Can't live with out college football!!

 

One who is a billionaire job outsourcer? Doesn't make much sense to me.

 

Perhaps, but the do work a heck of a lot harder than do their European cousins and expect a lot less from government paid for by others.

What is more detestable, working hard and keeping ones wealth or not working so hard and expecting goodies from others?

 

Yes, I agree that you leftist Americans should stop thinking you're special. In China, workers aren't allowed to unionize, which in America would be considered a violation of peoples' rights to assembly. This makes Chinese labor artificially cheap, and for a just cause: the profits of CEOs so that they can have more money to spend on lobbying the government in their own self interest.

Liberals/leftists/communists who don't like corporations doing this are insane and need to be put down.

 

You're assuming that America's industry is some sort of hollowed out shell of what it once was. Untrue. The US has a very robust industrial sector that can easily compete with other nations, it's just that some industries are better off in poorer nations because their workforce doesn't need such advanced training or high wages to accomplish the task. The US is a Mecca of engineering and science and has one of the most skilled workforces in the world, which isn't always necessary in some industries, primarily in the consumer goods industry. Unfortunately, all the "Made in China" stickers seem to convince people that American industrial parks are all abandoned, rusting slums that all look like Detroit.

I have seen and toured many industrial facilities owned by prosperous US manufacturing companies and all of those facilities were in America. They make things you wouldn't ever think of, such as pneumatic and hydraulic fluid systems, paper converting machines, sheet metal fabrication, etc. All of these industries could thrive in America, but we have a president that is anti-growth, anti-capitalist, and pro-regulation, so for the most part these companies don't see the growth they could see if, perhaps, our president gave a flying you-know-what about small business.

 

I truly respect your honesty, too bad it has no place on television as a main stream fact.