Originally Posted by
newKnow
ALV,
Why do you think "old school guys have a problem with globalization?" Maybe because they realize that the best cars are made in countries that we were at war with 65 years ago? Maybe because they have been to places like India and China and know that the U.S. worker can never compete with the people in those countries because the standard of living (SOL) there is so low. Without protections that are actually enforced we are in BIG trouble. A meeting in the middle between the U.S. and other "global: economies only leads to a decline in the SOL for U.S. workers.
Don't get me wrong, I can appreciate and support globalization, but only if is serves to bring up the SOL for other workers, not a decrease for our own.
New K Now
Come on now. The war is over!
World politics have changed. It's all about global north/global south nations now.
India's GNI is only 3 times the size of Wal-Mart. China's GNI is only 6 times the size of Wal-Mart. How's that for perspective?
There's great misconception when it comes to globalization. To many, it means nothing more than cheap labor overseas resulting in lost jobs at home.
The best manufactured, best selling cars in the world aren't made in some global south plant with horrible pay and conditions. They're made all over the world by Toyota. And, that includes huge numbers here in the US. Toyota is simply doing what GM and Ford can't. They're a much smarter, more efficient corp.
BTW, it goes both ways. Asia will soon be the biggest market for aviation in the world!
Like I said before, where are all those big orders from the B787 coming from. It isn't the USA!
Since 1990, foreign sales have accounted for over 70% of commercial transport sales.
And...............some folks in the US Aviation industry don't like globalization???
Al