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Screw globalization, I want isolationism and protectionism. The USA is a rich country. The barbarians are at the gate wanting in to steal the riches.
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And to think of all those years Pan Am was flying out of Frankfurt and Berlin with a bunch of 727s. They also had European pilots flying them as well, yanks too.
Then to think of the line around the corner when AA introduced B scale and they had no troubles finding people. The picket line crossers at Continental in 1983. The Eastern crossers in 1989/90. And the famous 500+ at United in 1985. NAI is no more a race to the bottom than we ourselves. Also, the products of U.S. carriers is terrible and they nickle and dime you for the crap service you get. They all model themselves after Peoples Express now. It was a big issue the majors were trying to get rid of. Hypocrisy is best served cold. |
Originally Posted by DFWAviatior
(Post 2257406)
Globalization is a choice necessitated by capitalism and free markets. Competition will always put downward pressure on the price as competing firms compete for market share. This in turn has each firm looking to put downward pressure on their costs (in this case, fuel, parts, labor, etc).
The only way to keep this from happening is massive government intervention and protectionist policies. There is a difference between "fair trade" and "protectionism," which is lost on most people. Interesting argument you make stating that new jobs are not created. However, if we look at data published by the US Bureau or Labor Statistics you will not find evidence to support your claim. Arguments are great backed by facts, but if they are not they are just empty words. H1B Visas are temporary and limited, with a few exceptions, to 65,000 per year. Most of these white collar visas are granted in engineering and tech sectors. I'm trying to find data for how many are in the aviation sector (pilots in particular) and I'm not able to come up with a figure. My guess is that it has been few, though it could increase with the mass retirements coming. What "Rollback" are you speaking of? What would you like to roll back? Kick out NAI? Emirates flies flights into the U.S. Kick them out. Cathay Pacific? Kick them out. Qatar. Out. Then these actions are reciprocated. Do you want to know who the winners are losers are in a trade war in this scenario? I can't begin to list all of the losers, but I can assure you US based pilots are on that list. Guess who the sole winner is? Anyone who has shorted any of these airline stocks. Globalization, trade agreements, etc. all have winners and losers. It is impossible to have a policy that is beneficial for 100% of a country's population or a particular industry. What does happen is countries begin to focus on industries where they can be most productive and output (GDP) increases on both shores. This is a great fact on the whole, but those that are harmed by it find little solace in the fact that their country is better off. I also question the wisdom of sending our manufacturing base to a large totalitarian adversary with designs on ruling Asia. I'd also add that even though our GDP has grown, in part due to free trade, this has hurt the average American. Wages have dropped, the middle class is dying and free trade is partly, if not mostly to blame. |
Originally Posted by DFWAviatior
(Post 2257406)
Globalization is a choice necessitated by capitalism and free markets. Competition will always put downward pressure on the price as competing firms compete for market share. This in turn has each firm looking to put downward pressure on their costs (in this case, fuel, parts, labor, etc).
The only way to keep this from happening is massive government intervention and protectionist policies. There is a difference between "fair trade" and "protectionism," which is lost on most people. Interesting argument you make stating that new jobs are not created. However, if we look at data published by the US Bureau or Labor Statistics you will not find evidence to support your claim. Arguments are great backed by facts, but if they are not they are just empty words. H1B Visas are temporary and limited, with a few exceptions, to 65,000 per year. Most of these white collar visas are granted in engineering and tech sectors. I'm trying to find data for how many are in the aviation sector (pilots in particular) and I'm not able to come up with a figure. My guess is that it has been few, though it could increase with the mass retirements coming. What "Rollback" are you speaking of? What would you like to roll back? Kick out NAI? Emirates flies flights into the U.S. Kick them out. Cathay Pacific? Kick them out. Qatar. Out. Then these actions are reciprocated. Do you want to know who the winners are losers are in a trade war in this scenario? I can't begin to list all of the losers, but I can assure you US based pilots are on that list. Guess who the sole winner is? Anyone who has shorted any of these airline stocks. Globalization, trade agreements, etc. all have winners and losers. It is impossible to have a policy that is beneficial for 100% of a country's population or a particular industry. What does happen is countries begin to focus on industries where they can be most productive and output (GDP) increases on both shores. This is a great fact on the whole, but those that are harmed by it find little solace in the fact that their country is better off. Free markets didn't create globalism. It has been subsidized by many organizations like the Ex-Im Bank which guaranteed that US companies setting up facilities in foreign countries had no counter party risk because the US govt. would bail them out. It has been a concerted effort to break the unions and to eliminate employees' power in the employee-corporate relationship. The US subsidizes, for example, corn production by the giant agricultural concerns who then go over to China and Mexico and force their cheap GMO corn down their throat as a balance of trade issue. Studies have shown the subsidized corn has impoverished the Mexican farmer and this is a big reason we have so much illegal immigration. Subsized GMO crops requring Round-up to be used with them, has severely damaged agricultural in India and Africa too, because these plants take over everything and then require Round-up to avoid insect infestation. The roundup is too expensive and the farmers go under--many in India killing themselves. Also super, unkillable weeds are sesulting and these global compnies are not forced to pay to eradicate that or to stop production because everything has to go through the WTO, instead of a bilateral agreement. That's not free trade because citizens don't benefit and have no imput. This the problem with all these trade agreements, esp. TPP--they are Anti-free-trade. China, for example, won't allow production in it's country unless their is transfer of technology to a joint-venture partner. IT companies open up Indian subsidiaries in order to grow cheap labor which they then try to lobby to get visas for. They play a game of underpaying someone in India and offering them a trip through Singapore or Hong Kong before getting them a US visa. Then they keep them as indentured servants for as long as possible. A sane immigration policy wouldn't allow this. Prior to WW1 there was no income tax, revenues were raised through tariffs. Jefferson supported this. No, global free trade as it stands today is a dadgum lie. |
The guy on Fox say lower wages is actually better for workers since it will create more jobs. He has to be right since he's rich after all.
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Originally Posted by kevbo
(Post 2257537)
The guy on Fox say lower wages is actually better for workers since it will create more jobs. He has to be right since he's rich after all.
the entire leftist media has been wrong for almost a decade now and the exclamation point on that came with it's collective humiliation on Nov. 8. If you weren't enjoying the meltdown on MSNBC I pity you. It was the best TV since the SNL of the late 70's. |
Originally Posted by kevbo
(Post 2257537)
The guy on Fox say lower wages is actually better for workers since it will create more jobs. He has to be right since he's rich after all.
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Trade is good as long as the playing field is level. The poster above who talked about China requiring transfer of technology is spot on. Ford was required to divulge its hybrid technology to the Chinese companies it 'partnered' with in order to sell there. That would be like us requiring HTC or Samsung (yes Korean I know) to hand Apple their tech before selling it in the States. Total BS yet the US government lets them get away with it. This crap needs to stop, I truly hope Trump can make a difference.
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Originally Posted by SayAlt
(Post 2257557)
I doubt anyone on Fox said that, but one thing is sure is true...
the entire leftist media has been wrong for almost a decade now and the exclamation point on that came with it's collective humiliation on Nov. 8. If you weren't enjoying the meltdown on MSNBC I pity you. It was the best TV since the SNL of the late 70's. |
Originally Posted by NMuir
(Post 2257624)
A governmental mandated minimum wage does destroy jobs
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