Bush Says Sending Jobs Overseas is Good
 

WASHINGTON ? The movement of American factory jobs and white-collar work to other countries is part of a positive transformation that will enrich the U.S. economy over time, even if it causes short-term pain and dislocation, the Bush administration said yesterday.


http://seattletimes.nwsource.com/htm...ushecon10.html

What an idiot.

He obviously doesn't watch Lou Dobbs on CNN! :winkwink:

He obviously had a labotomy just before taking office.

Lobotomy. But yeah, more than one.

I wonder how many people on this board are here because they've been "outsourced" from maintstream jobs.

"Last year's Economic Report of the President predicted that 1.7 million jobs would be created in 2003. Instead, the nation lost 53,000 jobs. In Bush's three years in office, 2.2 million jobs have disappeared.

Come on, anyone can make a small mistake :1orglaugh

Bush is out of his mind

:1orglaugh

it will continue to happen whether theres a democrat or a republican in office.. whether it's bush or kerry.. Maybe they won't lie so blatantly about it but there won't be any difference.

but, hey at least the Iraqis are free from an insane dictator!


;-)

What is wrong with foreign labor? Nobody in the USA works! They all are lazy as shit.

Someone should send Bush's job overseas...I dont think anyone will take him though

Yeah but thave you seen the price of gas? It's up $0.25 a gallon here in the last 3 weeks. Good thing we went in there and cleaned up Iraq :glugglug

Bush ?

You still argue about Mr. Almost Ex-President ?

I wonder how many people on this board are here because they've been "outsourced" from maintstream jobs.



got one right here

American company sold to a Swedish company then they closed the plant when they could and moved it to India, Japan and other countries. that was 2001.

Jesus, I just plain dislike our president

Ahh.. the brilliant economic minds of GFY coming together and churning away at things they know squat about.

Makes me proud to be an American.

Heh, nice try. I'm just reporting the news.

The ASSHOLE never had to work a day in his life. Tell that to some one who just lost their job to foreign outsourcing, and cant pay his mortgage:2 cents:

Then report accurately.
He didn't say shit, Gregory Mankiw did.

hehe... way to pass the buck. When anyone in Bush's administration says something you like, it's all hail Hitl.. I mean, Bush.

But when it's something negative, it's just his lacky... not Bush at fault.

labor unions can be blamed for most of it.. not "W"... lazy ass workers who "deserve" a raise instead of earning it...

funny thing is... I believe more import cars are made here in the US.. now than American cars.. so why not blame that on the maker.. not the President...

besides.. the majority of these jobs.. are jobs.. that most people will not do.. or that they are too lazy to do... ie.. fruit pickers, construction workers... the guys that mow your grass....

:1orglaugh :1orglaugh


Damm, he really IS not that bright...

Someone forget to tell him we're approaching the election season? oh wait, that we're ALREADY in it?


oi

Lets get this guy out now. You see him on Meet the Press on Sunday? It was sad.

http://southpark.aktualne.cz/epizode/epi107c.jpg

:1orglaugh

Bush is a wackass.. so what? :2 cents:

Nope, that's exactly not what is in play here. It's manufacturing and white collar jobs. IT jobs, tech support jobs, call centers and the like. No matter what, the guy who mows my lawn and picks my fruit can not be outsourced. :winkwink:

Yea I'd say so! How the fuck do you figure that fucking outsourcing to other contries is good for us?

We have the biggest fucking unemployment rate since the depression!

jDoG

how exactly do they export cutting grass and picking fruit jobs to Inda and China? We are talking factory and hi tech jobs being exported to other countries...not migrate workers picking oranges...

well you have a point but "manufacturing jobs" are ran mostly with labor unions.. as for white collar jobs... why hire some kid out of college who demands a 401k, signing bonus, 70k a year starting salary... 3 weeks paid vacation the first year.. etc.. when you can hire some guy in India... for a $1k a month and get better loyalty and more work? again.. it comes down to people not being grateful... everyone "deserves" shit.. no one wants to work for it... so if a company needs to outsource to remain profitable.. don't blame the president.. blame the companies and the workforce.

I'm still trying to figure out how he is liable for companies like Nortel.. etc laying people off???

I don't blame the companies one bit. The point under discussion though is that our esteemed leadership team somehow wants the consuming sheep...er...public to believe that having millions of jobs fleeing the country is somehow good for the US economy.

You don't read books.

That should also make you proud to be an American.

Hey last week I couldn't speel economist, now I are one. :thumbsup

With him making idiotic statements like that on a regular basis, there is no way any sane person could POSSIBLY vote for him. If Bush gets re-elected after saying something so amazingly stupid and assine, we should simply exterminate the human race because it is a hopeless cause.

He is on mars so he can figure out how to outsource and send jobs there too.

Dont worry, sending jobs overseas, the plunge of the US $$ and tax cuts for the rich is going to help the economy

European and North American investors predominantly look at the short term. They expect year on year growth. If one company cannot provide that, investors switch their funds to another which can. And why shouldn't they? The economy at large isn't investors' responsibility.

The flaw is that in mature business sectors, continual growth isn't a realistic expectation unless you change the rules of the game. Many companies long since passed the point when they could look to increased sales or improved efficiency to provide the profits that shareholders usually demand. So clothing companies buying cheap imports were among those who led the way and now high-tech businesses are outsourcing their jobs. And why shouldn't they? The economy at large isn't companies' responsibility.

Over the past 30-40 years in particular, there has been a huge shift in business realities. A nominally American company (European companies are no different) will have many - even a majority of - non-US shareholders; it likely operates (as distinct from simply trading) internationally and uses that setup to minimize its US tax liability; many of its former US employees have been replaced by overseas employees or contractors. All good free-market stuff.

Globalisation does mean a slow but steady transfer of wealth from rich to poor countries. But its more immediate impact is to increase the divide between rich and poor at home: shareholders keep increasing their profits, but employees lose their jobs. That isn't just a moral/political issue for a cosy debate. It is very bad news for western economies because the middle class and poor spend most of their money. Thus it is they, not the rich, who keep most markets buoyant and that is why employment, not manufacturing, is the main factor in economic recoveries (which is why since the 1950's, the Democrats have had a more successful economic record than the Republicans).

In the long term, globalisation will mean a huge change in the way we live. Almost all western governments are now caretakers of economies over which they have little influence. And the politicians cannot even talk about the real problems in public, let alone try to resolve them. Here in the US for example, Democrats may be considered left of Republicans, but both parties and their constituents are firm believers in the profit motive as the driving force of society.

The time is nowhere near ripe for any elected politician to try to point out the obvious flaws of the economic system we were brought up to believe in. So as now, GW has to put a positive spin on what is happening. What choice does he have? If his transparently foolish cheerleading gets criticism, imagine the storm if he said that basically we are well on the way to being totally f*cked and there probably isn't a damn thing anyone can do about it.

"We have before us the opportunity to forge for ourselves and for future generations a new world order, a world where the rule of law, not the law of the jungle, governs the conduct of nations. When we are successful, and we will be, we have a real chance at this new world order..."

- George Bush Sr., January 2001

...

"What is at stake is more than one small country, it is a big idea - a new world order, where diverse nations are drawn together in common cause to achieve the universal aspirations of mankind..."

- George Bush Sr., January 2001

...

"Until now, the world we?ve known has been a world divided ? a world of barbed wire and concrete block, conflict and cold war.
Now, we can see a new world coming into view. A world in which there is the very real prospect of a new world order."

- George Bush Sr., March 2001

And what about all the jobs he created in Iraq?

Nobody thinks about that, there you are having a go at this wonderful man when he's so busy making life better for Iraqis. So a few people have to lose their jobs in the US and they may have to stand in line for food stamps, but America is a safer place. *turn off sarcasm mode*
Unless they decide to mug you, cos they need the money to feed their kids. What's happened to crime in the four years he's been President, is it a safer country?

The thing about this idiot is he cannot see how stupid he looks when he opens his mouth. Can you imagine what other world leaders think of him at conferences?

Must sound pretty much like this : " Omfg, what a wackass !!