Design Con 2015
Breaking News
Comments
Newest First | Oldest First | Threaded View
Page 1 / 2   >   >>
J. D.
User Rank
Rookie
re: 15 sobering predictions, cures for economy
J. D.   10/28/2009 7:21:45 PM
NO RATINGS
1). Stop Job Loss would probably be easier than always making new R. & D. Jobs. Why Washington D.C. still has Corporate Tax Breaks for Companies that ship jobs overseas and why Congress keeps voting down any change to those policies (How is this Good for America ???) Good for Globalization - Agreed and we see how that's going but do a basic time derivative ... 5 years, 10 years, etc. etc. ... i'd still like a basic explaination of how shipping all the jobs overseas is Good for America??? ... 2). More Visa's ... what ??? ... America can find enough American Workers ??? Even a visa workers ... needs-some-training when they walk in the door (why is it ... American Workers are not suppose to and never get even basic explainations (training) at The Company ???) (Thanks to Corporatt & H.R. "policies") 3). Let's say i work the same hours as same China Worker ... and then i try & sell U.S. product ... i'll bet that China Product is still lower to purchase (wonder why that is ???)... oh ... American Workers should work 40-50% more to make up the difference ... doesn't sound like a level-businees field to me !!! 4). More Taxpayer Money for R. & D. ... let's invent a new widget ... wonder where This New Widget paid for by U.S. Taxpayer Dollars will be manufactured (see 3). 5). U.S. Trade Policies ... i know totally open markets and in theory and at Harvard ... that works great ... Make U.S. Trade Policies SAME as Countries U.S. trading with on a case-by-case and product-by-product basis (U.S. unfair ... i know (yea ... right!)... (what's wrong with this picture?)

mark.lapedus
User Rank
Rookie
re: 15 sobering predictions, cures for economy
mark.lapedus   10/28/2009 5:04:29 PM
NO RATINGS
Hi out there. I'm curious. What are the cures for this economy?

Ravi288
User Rank
Rookie
re: 15 sobering predictions, cures for economy
Ravi288   10/28/2009 5:39:13 AM
NO RATINGS
Ravishankar, Consultant. There are some key take aways that could be learned from developed economies and their capitalist principles. If we look at the problems faced by common man, I am referring to major cluster of Maslow's pyramid for whom security and sustainability to lead a simple life in peace is high priority, GREED supported by capitalist fundas need to be re-looked by people in power and those having wealth beyond needs. Some Ideologies fundamentally are skewed and morals are missing in our LEADERSHIP, whether it is Politics, Corporate world, Academics etc.. We need to honour common man's needs first and think about standard of living etc etc later in the current kind of situation. People in developed world may not be aware of impact on developing economies due to loss of export market, how many people have lost jobs which is their daily bread and in some places there are no government support for these people. Global Leaders have a lot to play in this situation leaving apart their self centred approaches. A Lesson to learn induced from higher powers so that we as HUMANS reflect for a better co-existence in peace and harmony. one can never be happy when his neighbour is in pain. We need to get united in this effort and first of all learn living in Simplicity and groom our children and re-define success to them as gaining health and wisdom rather than knowledge that helps to create more digital divide.

DesignerSteve
User Rank
Rookie
re: 15 sobering predictions, cures for economy
DesignerSteve   10/27/2009 3:52:25 PM
NO RATINGS
The free market will correct itself. The high union wages and exportation of jobs will be corrected by the high unemployment. People will eventually realize their old jobs and pay will not be coming back and they will accept jobs for lower pay. The lower pay jobs will make US manufacturing more competitive against the overseas shops, leading to more work remaining here. Healthcare costs are right where they should be because people are willing to pay these costs. Let them. If costs get so high that people chose not to treat, the reduced demand will allow prices to stablize. (No, I'm not being cold. I have and continue to choose not to treat my own ailments.) Renewable energy will only gain a foothold if it becomes more economical than its alternatives. That will happen naturally with increased demand on oil as the economy improves worldwide. Interest rates on bank deposits are right where market forces have put them. Don't mess with it. If banks have a surplus of cash, they will lower rates accordingly. Ideally, labor markets worldwide would be unrestricted. Yes, it would drive my own marketability down, but I have to live by my principles. Agendas should not be financed with tax credits. If US companies can not see the long term benefits of R&D, they should fail. The companies that make the best choices will be rewarded with market share.

WirelessBill
User Rank
Rookie
re: 15 sobering predictions, cures for economy
WirelessBill   10/26/2009 9:43:18 PM
NO RATINGS
Well, how about incentives for bringing some production back to USA from Asia? At least for the lower volume, higher value, quicker turn stuff.

Eagle Driver
User Rank
Rookie
re: 15 sobering predictions, cures for economy
Eagle Driver   10/26/2009 9:14:27 PM
NO RATINGS
Incredible, this sounds like it came from the Obama press manual. The last thing we need is more debt from a health care debacle. What we really need is a new industry based on green materials and technologies like green cars and houses. This would jump start manufacturing and help to eliminate the toxic pollutants we are burning everyday in record quantities. We also need to start buying American made products while their still is an America.

schuncher
User Rank
Rookie
re: 15 sobering predictions, cures for economy
schuncher   10/24/2009 4:43:59 PM
NO RATINGS
By pursuing a weak-currency policy, China is siphoning some of that inadequate demand away from other nations, which is hurting growth almost everywhere. - Paul Krugman http://www.nytimes.com/2009/10/23/opinion/23krugman.html?_r=1

CTHP
User Rank
Rookie
re: 15 sobering predictions, cures for economy
CTHP   10/23/2009 3:59:48 PM
NO RATINGS
Step 6. Tax reform. That's the last thing we need. If ever there was a definition of 'Forest for the Trees' then this is it. With over 16,000+ changes to the existing tax code in just the last 25 or so years, it's easy to see that taxation is broken too. Better to switch to FairTax (H.R. 25) so that US companies have a financial reason to keep US citizens employed, eliminates corporate and payroll taxes thus reducing the labor cost component, and put control of US affairs back to the people; a government of the People, by the People and for the People.

Hephaestus
User Rank
Rookie
re: 15 sobering predictions, cures for economy
Hephaestus   10/23/2009 3:06:13 PM
NO RATINGS
Defense spending can not compare to the total expenditures by the federal government in social entitlements. At least some (although less and less recently) of the money that goes into defense spending is used for R&D and subsidizing domestic technology companies. Also, providing for the common defense (as opposed to the more vague, "...promote the general welfare...") is one of the tasks the federal government is explicitly required to do by the constitution. In contrast, social entitlements (as we learned with the, "Great Society", in 1965) only serves to demoralize otherwise potentially productive citizens (not to mention are also prone to fraud) and divert large quantities of capital from productive uses (i.e. developing new technologies, building infrastructure, creating jobs, etc.).

flemingo
User Rank
Rookie
re: 15 sobering predictions, cures for economy
flemingo   10/23/2009 5:19:56 AM
NO RATINGS
The most important CURE: Cut the huge defence spending! America can't afford more wars!

Page 1 / 2   >   >>


Top Comments of the Week
Flash Poll
Like Us on Facebook

Datasheets.com Parts Search

185 million searchable parts
(please enter a part number or hit search to begin)
EE Life
Frankenstein's Fix, Teardowns, Sideshows, Design Contests, Reader Content & More
<b><a href=Betajet">

The Circle – The Future's Imperfect in the Present Tense
Betajet
5 comments
The Circle, a satirical, dystopian novel published in 2013 by San Francisco-based writer Dave Eggers, is about a large, very powerful technology company that combines aspects of Google, ...

Max Maxfield

Recommended Reads From the Engineer's Bookshelf
Max Maxfield
27 comments
I'm not sure if I read more than most folks or not, but I do I know that I spend quite a lot of time reading. I hate to be idle, so I always have a book or two somewhere about my person -- ...

Martin Rowe

Make This Engineering Museum a Reality
Martin Rowe
Post a comment
Vincent Valentine is a man on a mission. He wants to make the first house to ever have a telephone into a telephone museum. Without help, it may not happen.

Rich Quinnell

Making the Grade in Industrial Design
Rich Quinnell
16 comments
As every developer knows, there are the paper specifications for a product design, and then there are the real requirements. The paper specs are dry, bland, and rigidly numeric, making ...

Special Video Section
The LT8640 is a 42V, 5A synchronous step-down regulator ...
The LTC2000 high-speed DAC has low noise and excellent ...
How do you protect the load and ensure output continues to ...
General-purpose DACs have applications in instrumentation, ...
Linear Technology demonstrates its latest measurement ...
10:29
Demos from Maxim Integrated at Electronica 2014 show ...
Bosch CEO Stefan Finkbeiner shows off latest combo and ...
STMicroelectronics demoed this simple gesture control ...
Keysight shows you what signals lurk in real-time at 510MHz ...
TE Connectivity's clear-plastic, full-size model car shows ...
Why culture makes Linear Tech a winner.
Recently formed Architects of Modern Power consortium ...
Specially modified Corvette C7 Stingray responds to ex Indy ...
Avago’s ACPL-K30T is the first solid-state driver qualified ...
NXP launches its line of multi-gate, multifunction, ...
Doug Bailey, VP of marketing at Power Integrations, gives a ...
See how to ease software bring-up with DesignWare IP ...
DesignWare IP Prototyping Kits enable fast software ...
This video explores the LT3086, a new member of our LDO+ ...
In today’s modern electronic systems, the need for power ...