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jjdraw
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re: Don't blame Obama for fabless America
jjdraw   11/2/2010 3:06:09 PM
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you are right. that is the biggest problem. the last company I quit, they doubled our medical premium deduction, gave no raise, and lost money for the year. yet, the CEO seemed to find a $9 million bonus.

Etmax
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re: Don't blame Obama for fabless America
Etmax   11/1/2010 6:58:25 AM
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I have to disagree that the healthcare plan is to blame, a lot of European countries have better healthcare etc. and don't have as many endemic system problems. I would start by blaming the massive inequality between rich and poor, and the systems that support it. You can't keep employment high by punishing companies, but you also can't have a business owner living in a 20million $ mansion living off caviar and owning a fleet of cadillacs while his (or her) workers starve and don't have enough left over cash to buy the goods you are producing. It's not called an economy or ecosystem for nothing.

will99878898
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Rookie
re: Don't blame Obama for fabless America
will99878898   11/1/2010 12:42:53 AM
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you guys really need to be grateful to be able to hear some real in depth trouble shooting for your country here, otherwise you might all stay blindly guessing, pointing... president is just a job 2 big for anyone to handle. just like you can't put one person in a tank and let him drive and shoot at the same time. if you count the recent president, bill clinton screwed up at somali, GW Bush, iraq? and more obama, ... economy , maybe he knows military better than the rest. yeah, americans there is some fundamental flaw with your system.

will99878898
User Rank
Rookie
re: Don't blame Obama for fabless America
will99878898   11/1/2010 12:28:57 AM
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No shit. think about it and write your congress people.

miltonh26
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Rookie
re: Don't blame Obama for fabless America
miltonh26   10/30/2010 4:08:40 AM
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Again with line breaks (they were dropped somehow before...) ---- Nicely said and I couldn't agree more. There has to be a balance between business and government. Government has a role to play to propel and guide business and society towards the better good for the country -- both its citizens and business (all sizes, large and small). Healthcare, education, promote small business, environmental protection, encouraging investment in new technologies are all good things and will allow the US to steer its way out of more than 20 years of miserable failed policies. As a nation we certainly can't afford to carte blanc give big business whatever they want, without considering the long term consequences. Bush era policies of "let the market regulate itself" has been a disaster, and we've only begun to see the tip of the environmental consequences of these narrow, politically motivated policies. In addition to the massive amount of wealth accumulation by tax free corporate america who ship jobs overseas anyhow, and do extremely suspect financial dealing to line their executives pockets and then are 'too big to fail' when the house of cards begins to collapse. Not to mention the tax breaks for the super wealthy who now own 23% of the overall US economy up from 1% in 1980. All at the expense of and the erosion of the middle class. There has to be balance, and as long as we have single minded, selfish policies being enacted serving only one segment of the population we can expect more uncertainty and wildly unpredictable times. Government is there to guide the nation for the good of all, not just a narrow big business corporate subset. I wish we had had Obama 10 years or longer ago. At least he has compassion and is willing to take the most sound road towards solving problems rather than simply the politically most expedient.

miltonh26
User Rank
Rookie
re: Don't blame Obama for fabless America
miltonh26   10/30/2010 3:51:10 AM
NO RATINGS
Nicely said and I couldn't agree more. There has to be a balance between business and government. Government has a role to play to propel and guide business and society towards the better good for the country -- both its citizens and business (all sizes, large and small). Healthcare, education, promote small business, environmental protection, encouraging investment in new technologies are all good things and will allow the US to steer its way out of 15-20 years of miserable failed policies. As a nation we certainly can't afford to carte blanc give big business whatever they want, without considering the long term consequences. Bush era policies of "let the market regulate itself" has been a disaster, and we've only begun to see the tip of the environmental consequences of these narrow, politically motivated policies. In addition to the massive amount of wealth accumulation by tax free corporate america who ship jobs overseas anyhow, and do extremely suspect financial dealing to line their executives pockets and then are 'too big to fail' when the house of cards begins to collapse. Not to mention the tax breaks for the super wealthy who now own 23% of the overall US economy up from 1% in 1980. All at the expense of and the erosion of the middle class. There has to be balance and as long as we have single minded, selfish policies being enacted serving only one segment of the population we can expect more uncertainty and wildly unpredictable times. Government is there to guide the nation for the good of all, not just a narrow big business corporate subset. I wish we had had Obama 10 years or longer ago. At least he has compassion and is willing to take the most sound road towards solving problems rather than simply the politically most expedient.

Warren3
User Rank
CEO
re: Don't blame Obama for fabless America
Warren3   10/29/2010 10:53:51 PM
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Barely three weeks have transpired since a major US tech CEO proposed that this administration initiate long-term tax breaks for new (and upgraded?) American manufacturing in particular. The proposal addresses the REAL concern that corporations have in government tax policy and can also address the REAL observation that US manufacturing capacity has been diminishing for quite some time. Failure to act on something along these lines WILL be the failure the Obama administration.

NGHIA.NGUYEN
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Rookie
re: Don't blame Obama for fabless America
NGHIA.NGUYEN   10/29/2010 10:00:19 PM
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The policy that drove business to oversea and outsource everything had started with the GOP since the mid 90s. Obama is only on the seat for 2 years with the the economy mess that created by the same group of GOP senators and congressman who now cry foul about Obama's changing their policy. This same group of GOP so call "friend of businesses" voted NO on a Democrat bill to fast track business claim in capital investment. Business is for profit first and foremost. Businesses will do whatever they think that would give them the most profit. It is sham that these CEOs talking about patriotic in investing in America and how the US gov policy not in favor of investment in the US. They are worry about their bonus more than anything else. Again, small businesses account for 60-80% of new jobs; not big corporations.

USInnovate
User Rank
Rookie
re: Don't blame Obama for fabless America
USInnovate   10/29/2010 9:37:07 PM
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So what should be the solution? We need to develop business opportunities will help us manufacture products competitively in the United State. In close analysis I don't think we are that far in cost if we focus on higher levels of automation. Even Foxconn is looking at expanding into the US and shipping products to China. We need to re-invent our innovation process to speed up the deployment of high value products.

SaraM3
User Rank
Rookie
re: Don't blame Obama for fabless America
SaraM3   10/29/2010 8:36:12 PM
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I do not think so would be fair to put the blame on Obama. Outsourcing started long time ago, slowly and surely. Now because of recession and high unempolyment, make people to realize that all fabs are gone to Asia.

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