Tapsearch Com EditorNew Economy versus Old Economy
December 18th 2010 22:45
Brutal Flexibilization of Labor - Free Trade
Free trade - we lived during the best economic eras of all involved - The new economy can not match up with the 1950 to 1980 economic models ...
Globalist won lost record
The gobalist free traders try to introduce new economy ignoring the old economic models that worked
If this is the new economy, we should look at bringing back the old ones as fast as possible.
A new deal that won't work
The Globalist Free Traders are coming up with all sorts of new deals and it is getting complicated but they are throwing everything into the economic pot. In the end, taxpaying workers take the hit. All this is happening outside the will of the people with workers having no voice in the matter.
Here is an example of the new economy.
The State of Ohio initiated the Global Business Accelerator which funds economic programs and supposedly seeds economic progress with taxpayers money.
The City of Akron, the State of Ohio, Akron University and Akron Hospitals - with all dependent of taxpayers money- work together in designing new high tech medical imaging devices. These devices also serve the medical industry that also needs government money to exist. Somehow this all is supposed to produce new jobs and new economies.
Private domestic investors were not too enthusiastic about the end results this Global Business Accelerator effort and so Akron Mayor Don Plusquellic went to China and got Chinese investors to pump $18 million dollars into the project run by FMI Technologies, a Global Business Accelator company.
I do not know how much taxpayers money was used up getting the project off the ground but suspect that it was a hugh amount. Now the new $18 million dollars from China is supposed to produce 20 new engineering jobs this year and at least a 100 more by 2013.
( Keep in mind that Akron was once the Rubber Capital of the world with the community enjoying thousands of middle class workers making tires. - The tire industry virtually gone. - Goodyear has been planning to build a new world headquarters in Akron for the past ten years, but hasn't yet. Akron also had many high tech industries with many workers that folded due to free trade too. ) U.S. computer manufacturers had about 50,000 people working in branch and regional offices throughout the region.
FMI will use the investment to manufacture a device called ScintiStar, which provides in-depth images of the heart for early detection of cardio-vascular diseases and other ailments in Akron Ohio.
However, FMI will create another operation in China, with investors pledging to contribute up to $50 million as the company expands. The device will be sold globally.
This may sound good to some of you but as someone who served many companies in the Akron area which included all the tire manufacturers who once where there, and someone who help jump start a large new Cat Scan manufacturer years ago and who served the numerous Corporations that once had their worldwide corporate offices in the Northern Ohio region, I see all these efforts as frivolous. All the above were knocked out of the picture by free trade and it will take generations to repeat this kind of economic success.
I also sold computer components to China and know that they do not do business the way we do in the USA.
General Tire was one of my best clients back then too. Instead of asking why we lost all these corporations who existed for generations, we have the Global Business Accelerator sponsored by governments, hospitals and universities. It is paid by workers whose jobs are fading away. We now have a new working poor class that replaced all these middle class production jobs and somehow they are supposed to finance the new economy while they are forced to shop their way out of their jobs at places like Walmart. Many of these retail workers need government assistance to survive too. I do not know what to call this new economy but it looks like some sort of State Capitalism that never worked. Free trade has com and ransacked the real Free Enterprise system.
It left behind economies based on making money on money instead of making things. This money changer economy is burning out and there is nothing on the shelf to replace it properly.
No one seems to want to talk about the older economic models that was produced millions of jobs. Back then a new company which only created a few support jobs would not even make the news.
Only local value added economies work where values are added from the raw product level up through about five more stages to the retail or end user level. The next best economies are in geopolitical balance in domestic settings. If the value of workers and labor is devalued, everything else evolves like water does reaching its lowest level.
Free trade - we lived during the best economic eras of all involved - The new economy can not match up with the 1950 to 1980 economic models ...
Globalist won lost record
The gobalist free traders try to introduce new economy ignoring the old economic models that worked
If this is the new economy, we should look at bringing back the old ones as fast as possible.
A new deal that won't work
The Globalist Free Traders are coming up with all sorts of new deals and it is getting complicated but they are throwing everything into the economic pot. In the end, taxpaying workers take the hit. All this is happening outside the will of the people with workers having no voice in the matter.
Here is an example of the new economy.
The State of Ohio initiated the Global Business Accelerator which funds economic programs and supposedly seeds economic progress with taxpayers money.
The City of Akron, the State of Ohio, Akron University and Akron Hospitals - with all dependent of taxpayers money- work together in designing new high tech medical imaging devices. These devices also serve the medical industry that also needs government money to exist. Somehow this all is supposed to produce new jobs and new economies.
Private domestic investors were not too enthusiastic about the end results this Global Business Accelerator effort and so Akron Mayor Don Plusquellic went to China and got Chinese investors to pump $18 million dollars into the project run by FMI Technologies, a Global Business Accelator company.
I do not know how much taxpayers money was used up getting the project off the ground but suspect that it was a hugh amount. Now the new $18 million dollars from China is supposed to produce 20 new engineering jobs this year and at least a 100 more by 2013.
( Keep in mind that Akron was once the Rubber Capital of the world with the community enjoying thousands of middle class workers making tires. - The tire industry virtually gone. - Goodyear has been planning to build a new world headquarters in Akron for the past ten years, but hasn't yet. Akron also had many high tech industries with many workers that folded due to free trade too. ) U.S. computer manufacturers had about 50,000 people working in branch and regional offices throughout the region.
FMI will use the investment to manufacture a device called ScintiStar, which provides in-depth images of the heart for early detection of cardio-vascular diseases and other ailments in Akron Ohio.
However, FMI will create another operation in China, with investors pledging to contribute up to $50 million as the company expands. The device will be sold globally.
This may sound good to some of you but as someone who served many companies in the Akron area which included all the tire manufacturers who once where there, and someone who help jump start a large new Cat Scan manufacturer years ago and who served the numerous Corporations that once had their worldwide corporate offices in the Northern Ohio region, I see all these efforts as frivolous. All the above were knocked out of the picture by free trade and it will take generations to repeat this kind of economic success.
I also sold computer components to China and know that they do not do business the way we do in the USA.
General Tire was one of my best clients back then too. Instead of asking why we lost all these corporations who existed for generations, we have the Global Business Accelerator sponsored by governments, hospitals and universities. It is paid by workers whose jobs are fading away. We now have a new working poor class that replaced all these middle class production jobs and somehow they are supposed to finance the new economy while they are forced to shop their way out of their jobs at places like Walmart. Many of these retail workers need government assistance to survive too. I do not know what to call this new economy but it looks like some sort of State Capitalism that never worked. Free trade has com and ransacked the real Free Enterprise system.
It left behind economies based on making money on money instead of making things. This money changer economy is burning out and there is nothing on the shelf to replace it properly.
No one seems to want to talk about the older economic models that was produced millions of jobs. Back then a new company which only created a few support jobs would not even make the news.
Only local value added economies work where values are added from the raw product level up through about five more stages to the retail or end user level. The next best economies are in geopolitical balance in domestic settings. If the value of workers and labor is devalued, everything else evolves like water does reaching its lowest level.
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