Quote:
Originally Posted by MetaMan
Here is my thought:
a main reason why the economies were not able to recover is that all of our manufacturing almost globally was shipped to china and india, that is why you saw such a BOOM there. the greedy fucks from around the world sold out and made these peasant countries filthy rich.
my dad works in manufacturing (plastics) in the USA and for years it was a struggle plants closing etc etc. now he has no problem finding a job. he is now off to phoenix to basically work final 2 years and retire. where a couple years ago it took him nearly 6months - 1 year to find a job. and he is highly skilled as a manager with a degree also.
and i DO think this is due to bailout money streaming into the manufacturing center.
if they keep it up it will help recovery. a strong economy over a long period of time has to keep up its manufacturing core. it helps keep up the middle class and gives workers who arent knowledge base a chance to still make a good living.
the more of these people who make a good living the less they are a strain on society and it has a trickle effect from the top to the bottom.
so in short i do think it has helped and i hope to God they keep strong investment in manufacturing and DO turn into a more of a protectionist society which they are already doing.
all these companies who sold out to overseas should be clubbed with a wooden bat.
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Also agreed.
I think that realistically Obama simply needs to refer to a history book. Specifically the New Deal and the programs that created jobs. I can think of a TON of shit that needs to be done in this country. I will not go into the education system, as I think a lot of money is wasted there, but this country's infrastructure alone is in chaos.
Most of the highways, tunnels, bridges and interstates were designed and built to last 50 years. A large majority of public works projects were built from 40/50/60's. There are enormous problems looming for the country domestically. Fuck this 'nation building' bullshit in other countries around the world while our falls apart.
I personally think they need a good 10 year plan, end the wars, and use that money to fuel green technology, and AMERICAN infrastructure. But that's just me.
That said, Obama (or anyone for that matter) is not going to turn around the world, or America's, economic problems in one year or less.