USA's Continued Economic Suicide.

[BraveUlysses]

Nope, My issue was with the profits leaving the US, which in turn, means, less investment from each purchase with a foreign profit because the extra money never reaches our infrastructure.


( I know some of the stuff was made in the US, then sold Wholesale, with no tax revenue to the US )

So, no tax income, and no profit being brought back into the Federal economy.

Being sold wholesale only reduces SALES tax. Wilwood still pays property taxes, payroll taxes, ect. Wilwood sells more calipers due to Massive than they would if he did not, which increases their production demand, providing more taxable income for city, county, state and Federal governments.

The profits don't "leave" the country either. Wilwood still makes a profit off those calipers before they ship. Just like their tooling suppliers, their material suppliers, ect. Plus, it isn't as though Massive stole all the business away from a US company who designed the caliper brackets--he created the demand for this product by providing a product

[nando]

Well put Julien.

Although I'm curious about the productivity rates - I think we top them overall in productivity (just because we work so much), but i wonder if the longer hours hurt our score per unit of time. I know when I'm working 11 hour days I'm a lot less efficient than 8 hour days. Why do you think I'm posting this right now? lol

It's a little frustrating that people think we should close our doors and not trade with anyone, because that will lead to the kind of slowdown we saw in the 1930s. We instituted protectionist policies and we didn't fully recover from them until after the war. That kind of mindset could set us all back decades (and by us I mean everyone worldwide, because we all live on the same planet regardless).

We trade heavily with Canada - their standard of living is equal to our own. Canadians and Mexicans are both very patriotic. But how many Canadians do we have jumping the border trying to come here for work? Do you think Mexicans would be coming here illegally if they had something better to do in their own country? Doesn't everyone agree that illegal aliens are a big problem? Does everyone think Mexicans are inherrently worthless slobs who can add no value to the world because they aren't from the USA, or the only thing they are good for is manual labor on farms and construction sites?

[Farbin Kaiber]

Specially in this time of problems.

found this cute...

Being sold wholesale only reduces SALES tax. Wilwood still pays property taxes, payroll taxes, ect. Wilwood sells more calipers due to Massive than they would if he did not, which increases their production demand, providing more taxable income for city, county, state and Federal governments....

We had moved on to more important concepts of this issue, no reason for you to beat a dead horse.

[Julien]

Well put Julien.

Although I'm curious about the productivity rates - I think we top them overall in productivity (just because we work so much), but i wonder if the longer hours hurt our score per unit of time. I know when I'm working 11 hour days I'm a lot less efficient than 8 hour days. Why do you think I'm posting this right now? lol

Yes this was the theory behind the french 35 hour work week.............. dot dot dot dot.... which would work better with anyone BUT the french as they are always looking to work less.

It's a little frustrating that people think we should close our doors and not trade with anyone, because that will lead to the kind of slowdown we saw in the 1930s. We instituted protectionist policies and we didn't fully recover from them until after the war. That kind of mindset could set us all back decades (and by us I mean everyone worldwide, because we all live on the same planet regardless).

Trade is good. Imagine if the PNW couldn't get their hands on rust free cali cars?!? ;-)

We trade heavily with Canada - their standard of living is equal to our own. Canadians and Mexicans are both very patriotic. But how many Canadians do we have jumping the border trying to come here for work? Do you think Mexicans would be coming here illegally if they had something better to do in their own country? Doesn't everyone agree that illegal aliens are a big problem? Does everyone think Mexicans are inherrently worthless slobs who can add no value to the world because they aren't from the USA, or the only thing they are good for is manual labor on farms and construction sites?

YES


/sarcasm

People who come from less developed countries have much more of a drive to be able to reach the middle-class living standards. Look how many successful business ventures in America where started by foreigners.. America IS full of opportunity but the current economical system does hinder many chances for immigrants (I was one).

What America has that no other country can match is a combination of:
-Capital
-Space... lots of it
-Natural resources
-A sizeable market of consumers with similar taste/expectations.

As long as those three are kept in place, nothing can ruin the "American style of life." I don't think that allowing every immigrant to freely come into America is a solution, but a selective immgration proceedure would do wonders, and keep graduating US students on their toes ;-)

[nando]

don't forget well protected property/ip rights. That is one thing some of the really poor countries don't really have, that all industrialized nations do. Nobody wants to invest somewhere if the government or thugs could come in and take everything.

[nando]

a lot of those cars are manufactured here though; Toyota, BMW and even Hyundai have plants in the US. Ford and GM products are built with parts made overseas. So what then exactly does "American" mean, if we wanted to build stuff here for export?

we do offer a lot of things that nobody else does, it's just not the low-end consumer grade junk that drives 70% of our economy.

[e30kitty]

A steady stream of bleach kits and acrylic nails should solve this. Maybe a stylish razor cut split.

[deutschman]

i am in culinary school at city college of san francisco. we buy all local food and all seasonal to try and support the local economy. i think everyone should do the same with everything not just food. support your local area. it might cost a few bucks more but it will come back around.

[mrsleeve]

. we buy all local food and all seasonal to try and support the local economy. i think everyone should do the same with everything not just food. support your local area. it might cost a few bucks more but it will come back around.

I do the same when I can, I buy as much stuff as I can thats made here in my home state or even town, then its dose it have a USA tag on it. Well somethings you just cant get around and have to buy stuff made abroad but that said I will not shop at walmart for any reason.

[CorvallisBMW]

Lastly, to me, american business education isn't hard enough, you can pretty much sleep through 4 years of marketing or business administration and still get your degree. And not to get into the europe (and asia) vs american school system debate, but seriously college is easy in the united states and makes students lazy. yes you have to work long hours to pass classes but the critical thinking element is gone. Nothing forces students to really use their brains anymore. Again this is a gross generalisation.. but I'm not the first to notice it.

Very true. For anyone who has attended college in the last decade, you know that nearly all of the jokes about the 'dumb' or 'easy' majors usually refer to the School of Business. Not that all business majors are dumb, that isn't true at all. But the major/profession itself has taken quite a beating when it comes to high-standard, high-quality education. Now everyone just goes to night school, gets their MBA, and thinks they're some shit-hot business person. During my first year of engineering school, when they were trying hard to weed out all of the kids who didn't really want to be there or just signed up because they didn't know what else to do, our professors would always say 'If you can't cut it here, we'll send you over to the School of Business.' Business used to be a well-respected major, but at least at my college, it now ranks down there with Housing Studies, Communication and Merchandising Management.

[nando]

I basically left college because I felt like I'd gone back to high school. It was rediculous how stupid a lot of those kids were - they never show up for class, do no homework, don't study.. and then say the teacher is horrible and should be fired when they get a 25% on their test. Durrr. Made for an easy A that quarter at least (with 2/3rds of the class below a 50%), but it didn't make me want to work harder that's for sure.

[silversleeper]

Remember when stuff didn't break when you took it out of the package, tools didn't snap when removing bolts, cars didn't squeak over bumps, people weren't fat, lazy, and stupid.

Reminds of the people in Wall-E :nice:

[Farbin Kaiber]

Reminds of the people in Wall-E :nice:

That movie was supposed to mean something, at least someone got what all those people took 4 years to create.

[Victell]

None of us bought our e30s new.

[parkerbink]

None of us bought our e30s new.

Actually I did. 30+k 1990 $s

WALL E was depressing due to how true it rang.