Tuesday, September 16, 2014

INTERNATIONAL COMPETITION-THE GREAT DISCONNECT

The wave to capitalism by developing nations beginning in the 1960s created a great competitive disconnect with developed nations.  Beginning with Japan in the 1950s and on to China, India, Brazil, Mexico and more the change in cost of labor and capital for advanced economic nations to produce goods changed dramatically.  A 20 times decrease of labor costs changed the competitive advantages with sudden and dramatic affect. 
The result of this change is that labor in developed nations lost their bargaining power.  This loss of labor's power has resulted in a shift of wealth to management and away from labor.  Labor has not received a real raise in income for decades.  Without a raise the vast majority of American middle class has stagnated reducing their buying power resulting in economic stagnation.  This stagnation will continue until real increases in wealth are realized by the middle class.  The stagnation is off-sett somewhat by the increases in wealth by labor in developing nations which increases their purchasing power.  American and all developed nations must increase competition in developing nations to maintain economic growth.
Jerry

Saturday, September 13, 2014

ISIS-IRAQ-OBAMA

Blame is being pointed in every direction for the sudden emergence of ISIS.  Who is to blame?  Blame it all on the Iraq government that ignored the Sunni regions of Iraq.
The USA spent then years, 100 billion dollars training 200,000 fighters in Iraq and supplying them with the latest military equipment.  When threatened by a few hundred ISIS  fighters the 100 billion dollar Iraq military deserted their positions and ran. 
I think what happened is that the USA got duped by the Iraq Sunni.  ISIS is Sunni and Mosul is also Sunni.  What happened is the ISIS new that we had given the Sunni in Mosul billions in weapons and also stashed a hundred million dollars in the Mosul bank.   ISIS just had to ask and the Sunni in Mosul agreed to turn over the weapons and dollars without a fight.  The Sunni want to overthrow the Iraq government and are using ISIS to accomplish their goal. 
Now that Iraq has lost their chance for an honest government they must stand up and fight for their freedom and life.  When the people of Iraq are willing to come together to fight ISIS then, and only then should we put more American lives at risk to fight again in Iraq.   Twelve years, three trillion dollars, 5,600 dead Americans is enough.  We will support Iraq but we will not lead the battle.

Jerry

Wednesday, September 10, 2014

IMMIGRATION REFORM

The way to immigration reform is for the Governors of California, Arizona, New Mexico, and Texas to devise a workable long range solution.  With a real solution the Governors then should meet with their congressional members to develop a finalized plan that can be presented to congress as legislation to be further debated and then signed by the President.
The current non-plans are for politicians to get votes and back stab everyone else.  These useless politicians remind me of my dog barking for treats.

Jerry