Tapsearch Com EditorFree Trader Pres Obama misses the mark
September 3rd 2011 23:43
Bizarre Politics Reports:
New Green industries fail in the USA the same way as other industrial processes do - old or new
Another free trade trap goes off Ray Tapajna Chronicles - search under Tapart News for thousands of resources and references.
New Green Technology gets trapped by Free Trade too !
There is no difference between old economic models and new ones. Just because you call a new industry green technology, doesn't mean that the same process is not at work. If it is part of the free trade process, the same old parameters apply .
Creating any new industry be it green or some other advanced technology, it still gets caught in the Free Trade Trap no matter what.
It makes no sense investing money in research and development and new technology, if the components have to be made somewhere else in the world for the sake of cheaper labor as President Obama and other free traders are finding out. As long as others use impoverished labor to get the job done the only thing that will make anything work is to have impoverished workers in the USA too. You can be the better and more efficient but the cost of labor ultimately decides who gets what.
President Obama steered government funds to one solar company and went there to make a public statement how green technology was an answer to our economic problems. Solyndra Inc., a manufacture of solar modules received a $ 535 million dollar start up deal from the government. It failed. Solyndra declared bankruptcy and did not say how many creditors were
caught in the mess. Solyndra is the third U.S. solar manufacturer to file for bankruptcy.
Spectra Watt Inc.. a solar company backed by units of Intel Corporation and Goldman Sachs Group, filed for bankruptcy and Evergreen Solar Inc did too. Another company, BP Solar halted manufacturing at its location in Frederick Maryland, last spring.
When will investors learn that when something designed in created in the USA, you have to plug in the cost of labor and if you move production to cheaper labor markets outside the USA, the technology and the know how goes with it.
This does not make the news. Instead the New York Times tells us that solar companies in the U.S., Japan and Europe have a technological edge over rivals in China but seldom a cost advantage.
None of this is new. In other industries the same applies. That is what free trade is all about. It is about moving production from place to place for the sake of cheaper labor. Why should the green technology companies be anything different. And investors should know that this is the rule of the game. No industry is safe.
Back in the 1990s, the USA gave away computer technology that took a generation to create by sending the manufacturing to other lands. Most likely the U.S. gave away ten times more than the Marshall Plan cost in a much shorter space of time.
Tapsearch Com Trade Traps
New Green Technology gets trapped by Free Trade too !
There is no difference between old economic models and new ones. Just because you call a new industry green technology, doesn't mean that the same process is not at work. If it is part of the free trade process, the same old parameters apply .
Creating any new industry be it green or some other advanced technology, it still gets caught in the Free Trade Trap no matter what.
Senseless to start something new in the USA if production goes outside of USA
It makes no sense investing money in research and development and new technology, if the components have to be made somewhere else in the world for the sake of cheaper labor as President Obama and other free traders are finding out. As long as others use impoverished labor to get the job done the only thing that will make anything work is to have impoverished workers in the USA too. You can be the better and more efficient but the cost of labor ultimately decides who gets what.
President Obama steered government funds to one solar company and went there to make a public statement how green technology was an answer to our economic problems. Solyndra Inc., a manufacture of solar modules received a $ 535 million dollar start up deal from the government. It failed. Solyndra declared bankruptcy and did not say how many creditors were
caught in the mess. Solyndra is the third U.S. solar manufacturer to file for bankruptcy.
Spectra Watt Inc.. a solar company backed by units of Intel Corporation and Goldman Sachs Group, filed for bankruptcy and Evergreen Solar Inc did too. Another company, BP Solar halted manufacturing at its location in Frederick Maryland, last spring.
When will investors learn that when something designed in created in the USA, you have to plug in the cost of labor and if you move production to cheaper labor markets outside the USA, the technology and the know how goes with it.
This does not make the news. Instead the New York Times tells us that solar companies in the U.S., Japan and Europe have a technological edge over rivals in China but seldom a cost advantage.
None of this is new. In other industries the same applies. That is what free trade is all about. It is about moving production from place to place for the sake of cheaper labor. Why should the green technology companies be anything different. And investors should know that this is the rule of the game. No industry is safe.
Back in the 1990s, the USA gave away computer technology that took a generation to create by sending the manufacturing to other lands. Most likely the U.S. gave away ten times more than the Marshall Plan cost in a much shorter space of time.
Tapsearch Com Trade Traps
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