For us do-it-yourselfers, BUY USA video. Excellent stuff.

[paulharvey]

You can talk about cheap wages, Union workers all you want, but the real reason Corporations are leaving the US is taxes. Corporate Tax by Country | Global Finance Magazine At 40%, it would only make sense that any corporation that wished to protect their profits would want to move their headquarters and manufacturing facilities to somewhere where they aint taxed to death.

I've heard that Ireland is very popular for this reason. That doesn't really move manufacturing there, but "head quarters" and a token staff at least. Problem can be that once profit is made, it's hard to bring it back over here, and really keeps a lot of cash from flowing back to US.

 

[kidr]

What will happen if there 's another world war? Will we be able to mobilize and produce what we need when we're cut off from world markets?








what will happen

 

[Renze]

What will happen if there 's another world war? Will we be able to mobilize and produce what we need when we're cut off from world markets?

Another world war ? You mean what Putin and the pro-russian separatist Ukrainian rebels are threatening when our Royal Marines will go into his backyard by the weekend, securing the human remains and investigating the shooting of Malaysian airlines flight MH17 ??

Things will not escalate as long as Obama stays out of it... Obama said about Syria `we will not interfere untill a clear line is crossed, that is when chemical weapons are used against civilians` because he was naive enough to think it wouldnt happen, as if these villains share our Western moral values... And when they did use the chemical weapons, Obama backed down and didnt keep his word...

Putin would love to show his countrymen how indecisive and weak the current US administration is because this president wont put his money where his mouth is, so as long as no US or NATO flag is waved in his backyard (Ukraine) he will not engage because the Russians as well as the Ukrainians have empathy for the strucken countries.
Only Obama can escalate this, because Putin knows during this indecisive presidency is Russias best chance to bluff his way back to Russian superpower status... Let Obama do what he does best: let him run his mouth, with words of hope and change, but please keep his dumb @$$ out of geopolitics or the sh*t will hit the fan....

As long as the international community lets The Netherlands, Australia and Malaysia handle their own business and bring their deceased people home, under their own respective flags, Putin will loose sympathy of his people if he dares to attack, so he will instead keep it down to some shallow propaganda. His only chance to stir up Russian cold war sentiment is when a US or Nato flag is waved in Ukraine.

 

[paulharvey]

What will happen if there 's another world war? Will we be able to mobilize and produce what we need when we're cut off from world markets?

what will happen

I would like to think that in a true crisis situation, the US would suspend all the environmental laws, permitting ect; and will huge amounts of cash, be able to gear up in 6 months or so. You do have to remember the vast majority of American weapons are designed and produced here.

Keep in mind that Russia is more likely to be an ally then an enemy in potential wars with PRC, N. Korea, or a wide spread Sunni caliphate.

 

[mikehaugen]

In the last century or so, is it not our manufacturing capability that has won us wars. I would certainly hope that the government would do as you said and relax some of the regulations to "git 'er done." I'll be honest, I'm not a historian, but from what I've heard, wars have always been good for us economically. I'm definitely not saying they are good, but have helped us back at home. But I guess that really only works if you government has money...

 

[Baby Grand]

What will happen if there 's another world war? Will we be able to mobilize and produce what we need when we're cut off from world markets?








what will happen

No. That's part of the guns-not-butter situation that we are in.
Empire demands the colonies deliver or empire ends.
The coming battle is over what will be the coin of the realm.
The BRICS are challenging the dollar for that claim.

 

[Renze]

A person knowledgeable of social and cultural matters in Russia said in a TV show yesterday: He said i have friends in Russia, sometimes well educated, but even they believe that the USA and the NATO are enemies that are willing to invade Mother Russia.... Putin owns his popularity by feeding this thought deep embedded in the Russian society that the West envies and/or fears them and is willing to go to war with them, in that respect nothing has changed .

In the last century or so, is it not our manufacturing capability that has won us wars. I would certainly hope that the government would do as you said and relax some of the regulations to "git 'er done." I'll be honest, I'm not a historian, but from what I've heard, wars have always been good for us economically. I'm definitely not saying they are good, but have helped us back at home. But I guess that really only works if you government has money...

You hit the nail on the head: John Maynard Keynes sawhis economical dogmas proven by WW2 wartime economy, where spending helped boost aggregate demand, which helped create jobs, which gave people money to spend, which made the snowball grow bigger. However before he died in 1946 he remarked that his followers carried out his ideas to an extent he found somehwat scary. Now when we go back into history, most countries in the day didnt have a budget deficit nor a collective debt. What WW2 showed is that when a government surplus, and savings accounts, are spent in the national economy, it gives a great boost. However 70 years later weve become debt based economies, where there is no surplus nor savings to be spent, however politicians keep holding on to the Keynesian dogmas because they dont want to be the one to burst the bubble...

However even in 2008 people called for Keynesian methods to cure the problem, as they felt the free market has failed... But when the markets failed, were they really free ?? Fanny Mae and Freddy Mac were encouraging banks to take bad loans (to people that couldnt possibly repay them, but who cared if the housing prices rose faster than the interest rate) which lead to a housing bubble, not just over at you guys in the US but here in Holland we have a housing bubble too, (luckily it deflated slowly here, instead of a sudden burst)
The problem with macro economics is that there is Keynesianism and there is the Austrian school, and these schools of thought are not only economically opposed, but will require political conditions: Keynesianism is the lefts believe that markets can be controlled by bureaucrats, the Austrian school believes that no man can ever make the right economical decision over another ones life and therefor the markets should not be controlled, just the weak must be protected from the strong, which means the government has only a guiding role, not a controlling one and is not to become involved.

In other words, macro-economics isnt a factual science, its just as abstract as politics. Thats why there will never be a consensus in economics....