A billionaire explains the middle class

On Tuesday, December 30, 2014 12:57:05 AM UTC-5, Ed Huntress wrote:
They're hoping to accomplish


I saw in the paper that Hyundai is now planning on opening two new automotive plants in China. Previous plans were for just one more plant in addition to the three plants they already have in China.
Dan
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On Thu, 1 Jan 2015 08:09:43 -0800 (PST), " snipped-for-privacy@krl.org"

They're basing those plans on anticipated growth of consumer markets in China. Let's hope they're right. Wages are increasing pretty rapidly and that will slow their exports down while building a domestic consumer market. That's the best of all outcomes for the rest of us, from South Korea to Europe to the United States.
--
Ed Huntress

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On Thursday, January 1, 2015 1:54:01 PM UTC-5, Ed Huntress wrote:

I think they are basing those plans on the fact that they produce a million cars a year in China now and could sell more.
GM currently makes and sells three million cars a year in China and is expanding so it will be able to make five million a year at the end of this year.
And VW says it is building two new factories in China.
http://www.volkswagenag.com/content/vwcorp/info_center/en/news/2014/07/capacity.html
Dan
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On Mon, 29 Dec 2014 02:04:18 -0800, mike

</snip>
And here is the problem in a nutshell...
To paraphrase Ben Franklin, and I am sure many others: If we do tomorrow what we did today, We will get tomorrow what we got today.
We will indeed have increasing problems of systemic unemployment, increasing alianization, and a perminent underclass under the current socioeconomic regeime.
Most fortunately, the current economic and political system [these are highly convoluated] of the United States has *NOT* been decreed by god, or is it the result of immutable laws of physics, and indeed it has mutated into its present form only within the last one or two generations. "Globalization" [or more exactly the rise of the sovereign supranational corporation] was formally created only in 1994/5 by the ratification of the NAFTA http://tinyurl.com/yq9zge and WTO http://tinyurl.com/4bvk7n treaties, soon to be expanded by the TPP. http://tinyurl.com/okzgu3b http://tinyurl.com/lnh97my
One example of the people attempting to gain control of their socioeconomy are the Spanish.
http://tinyurl.com/nuw2ajz " MADRID (Reuters) - The sudden rise of a new anti-establishment party has transformed Spanish politics a year before a general election, forcing the center-right government to veer away from austerity and the left-leaning opposition to scramble for new leaders.
In just a year since its founding, the party "Podemos" - We Can - has overturned the two party system in place since Spain embraced democracy in the 1970s. It is now polling around even with the ruling People's Party (PP) and main opposition Socialists, and has even led in some polls."
--
Unka' George

"Gold is the money of kings,
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But of course!

Millions of items are no longer made here because they weren't profitable enough. Figure that into your agenda.



Is the data actually that, or are they leaving out the fact that manufacturers stopped building those things here and have all outsourced for profit, eliminating their costly union-overpaid employees? It's probably somewhere in the middle, don't you think? Besides, globalization will happen now that the Djin is out of the box.

Yeah, since most clothes, appliances, electronics, etc. aren't even -made- in the USA any more, that's bound to happen.

If you're not buying anything, you have no reason to boycott anyone. Ask Obama for your rent money, honey. (Or get a job.)
--
Learn the art of patience. Apply discipline to your thoughts when they
become anxious over the outcome of a goal. Impatience breeds anxiety,
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Yes the time is right for a new political party to emerge. The current crop of politicos are out of touch with current technology and whats comming. They practice 19th century politics in the 21st century, thier only concern is getting reelected and dieing in office. Term limits would help in getting people elected that are up to speed with todays realities, it would also put a big dent in being obligated to thier campain contributors. Much of the strife we see today is they fault of the voters, they suffer from rigid thinking, basicly they can't see through the BS and deception put forth by the PACS which is designed to Divide and conquer. Voting based on emotions or for a personal agenda is the norm these days.
My personal proposal is the we have a none of the above box on every ballot. If an office goes unfilled we then draft a person from the general public to fill that office for one election cycle, that person can run for reelection if they so choose until they reach the term limits of that office.Using a lottery of registered voters would produce the pool of conscripts and operate like jury selection. They lucky winner would be paid a sallery that is equal to thier current sallery with a COLA each year that is equilant to the rate of inflation just like social security. Medical bennifits would be carried out by the VA. Outlaw PACS. Limit campain spending. All elected officials shall be subject to any and all laws they enact, no exemptions. Any and all lobbing shall be done before both houses when in full session and telivised and archived on the internet.
Best Regards Tom.
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Howard Beal wrote:

- show quoted text -

You're joking right? The average American doesn't even do the labor marchi ng enough that's required for higher wages. Just look at their shiftless su periority complexes and laziness. How do you possibly expect them to get u p from the table of beer for anything else?
Face it, you're stuck with a two party system for longer than you all think .
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On Thursday, December 25, 2014 9:24:57 PM UTC-5, Ignoramus11791 wrote:

+1
Dan
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