US companies doing the US good

[Dangerous Doug]

Cobra Bill nailed it. Short-sighted decisions by corporate executives to manage the numbers and ratios analyzed by Wall Street. Manage the ratios right, Wall Street reacts and the stock goes up in value. Execs get their near-term bonuses AND their options go up in value. Wall Street rides the upward trend on the stock price, and brokers take fees for buys on the way up, and sell orders on the way back down.

By pushing costs down (i.e. outsourcing to China, et al) you reduce your cost of goods sold, increase your profit margin, and reduce your days of inventory all in one swipe. Wall Street loves this, so corporate execs manage accordingly.

As long as we keep filling the trough, the pigs will continue to feed.

DD

[Ronbo]

CB didn't "nail it" tariffs should reflect the country your trading with's tariffs (not be used to protect incompetence). This has been the problem for some time. Really want to balance things don't allow foreign ownership of US patents either.

Foreign ownership should be balanced as well. Some of the worst examples of this are France and Sweden, both control many communications, transportation and utility companies here (once illegal in the US). BP is another one.

When you think about it any foreign business has the disadvantage of shipping costs, if you can't compete against that, well you suck and need to do something else with your life. I'm not the slightest bit interested in protecting $50/hr lug nut tightener's jobs...

CEO's salaries? Well the stock holders didn't mind (welcome to the largest Ponzi scheme ever, the US stock market), since it amounted to about $10 of the price of a car I'd say they haven't fixed Sh!t. Public trading of company stock should be outlawed, period. (Trump and Buffet may not like this, f**k 'em, they're the problem just as much as 'ol Bernie was)

In another 50 years or so it'll happen again and the "experts" will write articles about how it mirrored the last depression, like they finally are now.

If your financing your future, you have no future...