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View Diary: President Obama wants Wall Street's money, but he needs working America's votes (274 comments)

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  •  How is regrouping supposed (0+ / 0-)

    to work? Will Chinese shut down their factories, stop buying cars and computers while you regroup? Global economic system is there and the world isn't going to stop just because you are feeling dizzy. Most third world countries are moving towards capitalism because all of them have tried different things and nothing else has worked. With capitalism, if they educate themselves and/or learn some trade they get a shot at being a participant. The key is to work with the system and put in regulations that are practical. Denial won't achieve anything.

    •  They can do as they wish (4+ / 0-)

      They're in charge of their economy, we're in charge of ours. They're not dependent on us for anything and we need to stop being so dependent on them.

      How third world countries manage their own economies is their choice.  Shipping our jobs overseas and ruining our own economy is no way to help them.

      The global economy, as it exists today is unsustainable.  Its reliant on cheap energy prices and cheap transportation.  The idea of making a product on one side of the globe and shipping it to a country who is capable of producing it in their own back yard is ridiculous.

      We have to restore some sanity to international trade.

      "My father always told me that all businessmen were sons of bitches, but I never believed it until now." - JFK during the 1962 Steel Crisis

      by Betty Pinson on Sun Jun 26, 2011 at 06:39:22 PM PDT

      [ Parent ]

      •  Well, if you think whole (0+ / 0-)

        concept of import and export is ridiculous then there is no way I can get to you. BTW, United States is one of the biggest exporters in the world and there are millions of US jobs that are dependent on US exports. What will happen to those jobs? At the end of the day, there are only so many cars, computers , food products and clothes an American family will buy so what is your solution for the millions of American jobs that will disappear overnight because US withdraws out of global economy?

        •  Wrong again (1+ / 0-)
          Recommended by:
          badger

          That's not what I said, at all. Please don't put words in my mouth.

          Sensible, fair and sustainable trade policies work best.  Shipping crap around the globe that you can make in your back yard just so you can take advantage of slave labor is not sensible or sustainable.

          "My father always told me that all businessmen were sons of bitches, but I never believed it until now." - JFK during the 1962 Steel Crisis

          by Betty Pinson on Sun Jun 26, 2011 at 07:59:44 PM PDT

          [ Parent ]

      •  alas, they are not. Legally, by treaty, they are (0+ / 0-)

        not.  Whether we like it or not.

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