C. Bechard: Wrong target of protest

I just saw on television that the 99 percent protesters are going to cause problems on Black Friday. For the life of me, I don’t understand why people still follow that group.

Supposedly, they are going to make it hard for us middle-class and unemployed to do what little shopping we can do this Christmas. Oops, I am not supposed to use that word, either.

In my mind those protesters just lost what little (and I say “little”) respect I had for them. Some of the protesters had good gripes, but they have it aimed at the wrong people.

At this time, you do not want to stop commerce when it is so much in demand these days. If anything, you want to help people spend what little money they have on this economy, anything that will help it along.

It goes this way: When people spend money on a product, the company has to produce more of that product, so it hires more people to produce more product.

See how that goes?

Anyway, the protesters should focus on the real problem this country has, and that is Congress itself (also, the White House; we can’t leave that part of the problem out of the picture, can we?).

Clem Bechard, Lewiston

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Comments

RONALD RIML's picture

How's that, Clem....

Clem writes: "It goes this way: When people spend money on a product, the company has to produce more of that product, so it hires more people to produce more product."

That's one helluva commute, Clem

PAUL ST JEAN's picture

Well sell shoe...you get any

Well sell shoe...you get any collah you want, as long as it white.

Jason Theriault's picture

**golf clap**

Well played.

KRIS KUCERA's picture

Just because you right-wingers . . .

. . . wear white sneakers like these with velcro flaps instead of laces doesn't mean Ron doesn't have a valid point. In America's decades-long, ultimate quest for The Deal (See: Black/Stupid Friday) we've outsourced our manufacturing soul (no pun intended), thus nearly killing the middle-class dream for all too many Americans without higher education and/or more technical skills.

Now back to the Rush Limbaugh broadcast. . . .

CLEM BECHARD's picture

not all China Made

Sure Ron use this picture. Not all our products are made in Chine. Plus Businesses do hire people
here also .Although they won't hire to many if we keep keep the customer out of their stores.Let's
make it even worse for the little jobs that are still available here.Makes no sense what so ever to me...

RONALD RIML's picture

Gee Clem

Sorry I forgot to mention Mexico, Japan, Taiwan, Malaysia, India, Philippines and a number of others where we've sent our jobs to.

It's not that anyone's keeping anybody out of the stores - 88% of consumers have made purchases online, with anticipated sales growth of 14% annually (vs 2.6% growth at brick & mortar stores).

It's the 'Big Money Corporate Wall Street Types' (that OWS is protesting against) which sent the jobs overseas to maximize profits and grow U.S. unemployment.

But as 'Kool-Aid' sodden as you are, it's not surprising you don't understand any of this. Neither could King George III understand why his ungrateful colonists wished to be rid of his swarms of new officers which harassed the People and ate out their Substance......

MARK GRAVE's picture

Ronald, Tell me, how would

Ronald,

Tell me, how would you prevent a corporation for offshoring?

RONALD RIML's picture

As we did before

When trade tariffs were a significant portion of our federal revenue.

MARK GRAVE's picture

Trade Tariffs are nothing more than another comsumer tax.

Ronald,
Firstly, trade tariffs increase prices on the end sale of a product, so those “federal revenues” come directly out of the consumer’s pocket.

Secondly, trade tariffs are likely to do nothing to stop offshoring. They only result is more expensive goods for the consumer. Take the garment industry for example. I can travel the globe and find major brand names, such as Polo, in just about any large retail store. How is this significant? It means that markets are global. Therefore, if a single country like the U.S. introduces a garment tariff that just becomes the cost of doing business in the U.S, and the tariff cost is passed to the consumer.
The U.S. market is only a small segment of the global market place where Polo garments are sold, so there is no real incentive to move manufacturing onto U.S. soil. As a manufacturer, why would I sacrifice global profits for just one country?

In summary, trade tariffs are not an effective tool in a global market to descent offshoring. It is however nothing more than a tax on the consumer.

RONALD RIML's picture

I'll let you know

When I run for Congress

But in the meantime, remember that I was responding to Clem Bechard's statement: "It goes this way: When people spend money on a product, the company has to produce more of that product, so it hires more people to produce more product."

Obviously though, the companies are not hiring in the U.S. Clem fails to consider that.

MARK GRAVE's picture

Ronald, Ah, but Clem is

Ronald,

Ah, but Clem is correct though. Moreover, not all manufacturing has been offshored. Perhaps it is time to paint with a brush that is not so broad.

RONALD RIML's picture

Sure, Robert....

The Unions are on the Corporate Boards which relocated the Jobs.....

CLEM BECHARD's picture

King George here...

Wow! Comparing what is going on now to the colonist huh? What a stretch that is. They fought for the freedom to make money without taxation. Gave us the freedoms we have today. I see now where you are coming from . Share the wealth! Sorry but making a profit is not a crime. We could go back and forth on this and we would not agree. So let us agree to disagree on this issue. This is a Republic not a Democracy. Thinking the way Europe does will only make it worse. That is why we came here in the first place.
So King George saying adios.. Obama.....

RONALD RIML's picture

You reinforce my position, Clem....

By your response it's obvious that you are indeed as clueless as was Georgius Rex.

MARK GRAVE's picture

Ronald, The Genie is out of

Ronald,
The Genie is out of the bottle and there is no putting it back in. This is a global economy – like it or not. That includes competition for labor. But that is getting off topic. Nine percent unemployment (let’s even say 20% under employment) is 91% employment (or 80% full employment). Let’s look on the bright side.

RONALD RIML's picture

Mark;

You should have told that to Clem. It was his letter.

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