fedsawdave?

[rcp612]

After getting disturbed by Daves posts this AM, I read all his posts and he appears to be very biased against foreign trade. That's alright, everyone has an opinion.
But, after going to his site and finding Taiwanese tools I'm beginning to wonder about him.
I guess I will just bypass his posts from now on since buying from HF apparently isn't any worse than buying from Federal Saw.
Just my opinion and I had to state it.

[cgallery]

Global trade is an interesting topic to me because I'm part of the problem (I own a business that sells PC equipment). Of course, none of this is made in the U.S. any longer. I'm also a few credits short of a degree in economics (but it has been twenty years and I've forgotten a lot of what I've learned).

I worry about the loss of U.S. manufacturing jobs, as those high-paying jobs form a large part of my customer base. The same can be said for technical (programming, for example) positions.

I do not believe that the U.S. economy can prosper as a service-industry economy.

OTOH, there is ample evidence of foreign manufacturers expanding production here (BMW recently announced expansion plans, for example). We haven't seen much of that in Milwaukee, where foreign investors see perhaps higher labor costs and poor climate as a reason to go elsewhere in the U.S. But what is left of our machine industry benefits to a degree, I suppose.

It is also encouraging to hear reports of U.S. manufacturers seeing double-digit growth due to the devalued dollar. That translates into more manufacturing jobs. It also leads to inflation, but I imagine that our physical and production assets will prevent hyper-inflation (that is, the dollar will only depreciate so much, and then foreign investors will stabilize it by buying dollars to use to purchase real estate here, build new manufacturing plants here, etc.).

It is complicated, the models are simplistic, and there is a complicated time component. There is oil, health care, famine, political instability, etc., that all contribute to a powerless feeling that many of my customers seem to express.

I'm just rambling now. I wonder what it would have felt like to be 40 years old about 40, 80, and 120 years ago.

[TB Roye]

I think FEDSAWDAVE is trying drive up business for his web site. What is the difference if the product is make in China or Europe, other than quaility, it is still not American made. People complain about foriegn cars while the Big 3 outsource many of their manufacturing to Mexico, and South America and other countries. There is probably more American content in my Toyota Pickup than in a Dodge pickup. I know at one time the Dodge Ram Charger (SUV) was assembled in Mexico. Where is the final assembly point for the Ford Crown Vic police car?, Canada. AT least it was the last 4 years ago before I retired. It would be nice to buy Made America but the reality is not much is any more.

Tom

[Stytooner]

Just a word of caution to tread lightly here.
Both the topic and the other subject matter can get out of hand quickly. Just think before you hit the enter key.

Some may not like FS's opinion's. I haven't read back through his posts, though I have been alerted about one. He could use a little more tact when posting, but that is his choice as long as he doesn't rip the rules. There is an ignore option. If his comments bug ya, use it.
Thanks.

[LinuxRandal]

[QUOTE=TB Roye;333546People complain about foriegn cars while the Big 3 outsource many of their manufacturing to Mexico, and South America and other countries.
Tom[/QUOTE]

I see the big three argument quite a bit (know people who have worked for two of the three).

THAT argument doesn't fly. The "big 3" are GLOBAL corporations, that make cars for all different countries and some only for some area's of the world (can't get an OZ car here).

Once you go public, you could be owned from any and every corner of the globe.

[cgallery]

It is somewhat interesting that the WayBackMachine doesn't have anything on federalsaw.com. [The WayBackMachine is an archive that allows you to view old web pages starting at approx. 6 months of age.]

[jackellis]

Total US exports last year amounted to 1.2 Trillion dollars.

Our problem is imports, which amounted to almost 2 trillion dollars.

I think there are lots of reasons for the big deficit. In part its because we like to buy things rather than putting money away. In part its because we've become addicted to oil and there's a lot of political pressure to keep energy prices low.

Remember too that back in the 1980s, many people thought Japan would supplant the US as the world's richest economy (on a per capita basis). It didn't quite happen that way.

Although I think we could do more individually to help dig ourselves out of this hole we're in, our economic system has some unique advantages over the rest of the world. This story's not over yet.