Manufacturing declining, no hope for the future

[Kulindahr]

Their rush to become a first world economy reveals a "Robber Baronesque" attitude towards the environment - the pollution levels there are atrocious and downright dangerous.

They've learned the EARLY lessons of Capitalism from us well. Now let's see how long before they learn that the environmental destruction is a major cost of doing business and "green" thinking counts.

My sister the engineer, sister-on-law the engineer, and brother the computer/systems/energy consultant and mathematician have all been over there, and came back saying they were in awe of the efforts being made to clean things up -- as in, if the US made the same exertion, we'd pollute less per capita than anywhere in the world. But their industry and transportation have expanded so fast, the efforts to make it all clean can't keep up.

In fact my sister related that industry people over there see the drastic slowing in manufacturing growth as a blessing in a backhanded way -- they hope the efforts to get the air clean, etc., can catch up now.

[DonQuixote]

If that's true, that will be great.
Too many horror stories about lack of caring - either about their own people (Apple subcontractor) or their customers (lead in paint on toys, fake pharma, etc.)

[pat grimshaw]

http://abcnews.go.com/International/...ry?id=18352787

[chrisrobin]

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Apple stock went down a smidge this week. Reason? Some of their manufacturing jobs are being relocated to the USA.

[DonQuixote]

We like manufacturing returning here.

Economy shrank by 1/10 of 1% in the 4th quarter, primarily due to a 15% reduction in US Gov't Military Spending.
Independent sectors still showed growth.

[Kulindahr]

We like manufacturing returning here.

Economy shrank by 1/10 of 1% in the 4th quarter, primarily due to a 15% reduction in US Gov't Military Spending.
Independent sectors still showed growth.

Government should never be so large that such a minor cut in its total spending could have such an impact on the nation's economy as this.

[bankside]

Government should never be so large that such a minor cut in its total spending could have such an impact on the nation's economy as this.

That's like saying "the energy sector should never be so large that such a minor cut…."

This idea of large or small government is just so arbitrary the product of such illusory math. What if, in the United Private Cantons of Libertopia, the army was turned over to the "Voluntary Corporation of Mutual Defence" instead of being part of big, bad, Government Spending™?

At that point VCMD cuts its spending by 15% why would the economy of UPCL do anything other than tank by 1/10th of 1%?

[maxpowr9]

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Apple stock went down a smidge this week. Reason? Some of their manufacturing jobs are being relocated to the USA.

Cute Apple fanatic.

The stock value has wiped out any gains it has made the previous year and continues to tank. Nice job omitting that.

[JockBoy87]

Cute Apple fanatic.

The stock value has wiped out any gains it has made the previous year and continues to tank. Nice job omitting that.

It also throws the market on gadgets wide open.

[maxpowr9]

It also throws the market on gadgets wide open.

It's why Japan's electronic industry is in shambles. South Korea picked up the slack and made electronics sexy again.

[pat grimshaw]

It's why Japan's electronic industry is in shambles...

How come Japan's electronic industry is in a shambles?

[xbuzzerx]

Government should never be so large that such a minor cut in its total spending could have such an impact on the nation's economy as this.

We spend more on military than the next 10+ countries combined or whatever the stat is these days.

I don't necessarily know that saying 15% of that budget could be 1/10th of 1% of the economy is excessive or out of proportion.

Of course, I'm not saying spending that much on defense is necessarily wise or great, but..

[JockBoy87]

It's why Japan's electronic industry is in shambles. South Korea picked up the slack and made electronics sexy again.

Oh I know

[Laufey]

We spend more on military than the next 10+ countries combined or whatever the stat is these days.

I don't necessarily know that saying 15% of that budget could be 1/10th of 1% of the economy is excessive or out of proportion.

Of course, I'm not saying spending that much on defense is necessarily wise or great, but..

I've always thought it's strange how most Americans have no problem with having such a enormous socialist military but suddenly it's "evil socialism" for the government to protect the health of it's citizens with universal healthcare.

Not generalizing but it seems to be a common view.