VIDEO ON MSN MONEY
MORE ON MSN MONEY
I don't understand... Everyone is mad that some American companies are owned by other countries, but continue to employ Americans. Everyone gets to keep their jobs, yay!
Americans are also mad that American owned companies are employing people from a country where the manufacturing or service is provided. We get to buy cheap stuff, yay!
I have a really good idea. Let’s all get jobs and buy cheap stuff.
As for the debt America is in, not personal debt; that is your responsibility. Tax everything that comes overseas to bring the Cost of Goods Sold for that product up to what it would be if it had been manufactured in America.
The trick is that everyone needs to get a job. Even if it’s not the job you want, or even deserve.
Oh, and a personal note. If your posting ideas on this and don't have a job, are not retired, or currently going to school. You are the problem. Don't hide behind kids... My sister is a single mother of two, doesn’t collect welfare and works 40 hours a week.
The balance of payments is affected by the overall economic notions of Americans.We go for the best deals, having been trained from childhood. In today's moments of economic time, the best labor deals are overseas, and so that's were we buy our labor - for the construction and assembly of products we desire. This will change, of course, but economic changes are rarely engendered by success; and oncoming necessary changes to our US economy are now engendered by theese financial difficulties we now experience.
As challenging politicians say, "vote for change". And so we do, silently through our wallets, and loudly in the campaigns. The results will be mostly influenced by what we do via our spending procedures.
DATA PROVIDERS
Copyright © 2013 Microsoft. All rights reserved.
Quotes are real-time for NASDAQ, NYSE and AMEX. See delay times for other exchanges.
Fundamental company data and historical chart data provided by Thomson Reuters (click for restrictions). Real-time quotes provided by BATS Exchange. Real-time index quotes and delayed quotes supplied by Interactive Data Real-Time Services. Fund summary, fund performance and dividend data provided by Morningstar Inc. Analyst recommendations provided by Zacks Investment Research. StockScouter data provided by Verus Analytics. IPO data provided by Hoover's Inc. Index membership data provided by SIX Financial Information.
Japanese stock price data provided by Nomura Research Institute Ltd.; quotes delayed 20 minutes. Canadian fund data provided by CANNEX Financial Exchanges Ltd.



