Alibaba's Jack Ma backs down from promise to Trump to bring 1 million jobs to the US

So true. I've said the same thing many times. If you want to focus on the offshoring of jobs, focus on the multinational corp execs, such as Tim Cook.

However , those same companies just got rewarded for their offshoring strategy by a large corporate tax cut. Of course, most of this tax cut is going straight into the pockets of executives trough stock buybacks, instead of producing higher wages and/or investing into the future of the companies. Extractive capitalism at its best.

 

You are sadly mistaken as usual. No company agreed to allow China to steal it's intellectual property. In most cases China bought the property through second hand sources copied it and started selling it to competitors in cheaper than we could sell it to them do to their tariffs. My company is a victim of this practice and have never nor would ever sale to China, this has been going on since the 80's

 

No, I am not mistaken. Even though there are cases of hyjacking intellectual property there were plenty of cases where Chinses companies and Chinese law demanded that US companies "share" manufacturing processes and "share" ownership of companies at a 50 or higher percent.

The loss of manufacturing has been going on since the 80's is correct. A former neighbor of mine owned three small machine manufacturing / general aviation aircraft repair shops. He was telling me in the later eighties how he was being undercut by Chinese manufacturers of certain replacement parts. I am sure back them it was a Trojan horse deal where the Chinese got a foothold by underbidding American companies.
You must agree and realize that China ( government) like Japan years before had provided financial support to their companies in order to undermine our companies. Once we started buying cheaper goods it became like a drug and we could not stop ourselves.

Would tariffs had worked early on on? Yes likely so. The problem once the volume of cheap imports started flooding we were damned to find a way to stop it. We thought that we could make up the diference with our power of producing agricultural goods but there are other big producers who can sell to China.

The problem is we did it to ourselves in a large way in desire to get a great quarterly bottom line. China did not become the cheep go to country because the libies hate America as some here fart out postvafter post. It was a lot of reasons some being our desire for cheep consumer goods and our companies desire for higher profits. Some or many of the same companies who let the Chinese rape us made up our 401k portfolios. Did we complain when those companies stock rose? No!

We were letting the Chinese rape us for the pleasure of cheaper consumer goods.

 

It's a known fact that foreign students displace American students due to the college charging 3 times what the American student pays! Colleges cash in bigtime on foreign students and have no problem admitting foreigners with lesser grades over Americans with better grades. This is a fact and you lefties better wake up and get with the program cause this has been going on for years! But you're Anti-American/Pro-immigrant so I fully expect you to throw American students under the bus.

https://www.bostonglobe.com/metro/2...dying-drops/JHb6P59y3Ut0px2VM54JBN/story.html

 

See above post.

http://politicalforum.com/index.php...-jobs-to-the-us.542007/page-2#post-1069638957

 

You should be happy, then, that the foreign students are subsidizing the American students, because that's what this is. BTW: Especially for Chinese students, many of them now go back home once they have received a undergraduate and/or graduate degree. Also, less want to come here. In our graduate program, we have seen a significant drop of applicants from China since Trump took office. However, the trend already started 5 years ago.

Two reasons: 1) There is less opportunity in the US, but increasing opportunity in China, with state of the art new research facilities. 2) Trump scares foreign students away. Why would they come here if they don't know whether they'd be kicked out before they complete their degree, if their country is put on the "shithole" list?

 

^ QN already answered that point very thoroughly.

I would only add that this is just market forces at work: something you cons should be happy about.

 

No I don’t approve of foreign students subsidizing inane college costs! College costs are astronomical!

Every year my sons tuition increases! Granted he’s in engineering and will most likely find employment but what’s the point if you’re shitloads in debt when you graduated?!

Greedy universities are killing American opportunities.

 

Earn more money or send your kid to community college. It's the way of capitalism. Survival of the richest.

As for the universities, tell them to fire all those greedy, tenured professors and college presidents and cut health and pension benefits.
I'm sure they'll listen to you.

 

So you substitute calling anyone who you fail to understand, do not agree with, fail to understand the topic being discussed , or any else you just do not possess the will or the ability to debate or discuss based on an intellectual or honest level field ,"you lefties".

Do realize that this renders you "small" , childish, and ineffectual in terms of debate or discussion?

If you had the capacity or the will to think about it you would realize that this is not an issue of "righties" of "lefties" but an issue of economics and financing for the colleges ( universities). It is supply and demand. The ChiComs have a demand for our schools and our schools have the supply. The ChiComs are willing to pay an exaggerated price. Our colleges are using market capitalism tactics to get their money.

What do we about our students being forced out of the education market?

Do we have to subsidize American students more?
What if we do? Will someone say " you lefties are using solcualist tactics taxing us to death and giving unworthy students a free ride to college".

I would cut back across the board the number of student visas

Seriously though just because someone does not agree with you or does not love your Trump as much as you that does not mean that they "hate America" or are lefties.

 

You're right. It was small of me to assume political affiliation & name calling. My bad.

Continue to decrease the amount of foreign visas. This will force colleges to do one of two things: Decrease tuition and make it somewhat affordable to increase American citizen enrollment . That & stop wasting everyone's time with BS courses! Or keep it as is & let the Universities continue to lose $$ forcing their staff to make concessions.

 

It goes beyond benefits. I'll give you an example, I went to Stony Brook University in the 80's. Back then tuition was $600 a semester! And I commuted. When I graduated it was higher but still only $1200 a semester. I worked & paid it off! Didn't even have to take out a loan. But back then when I played soccer for them, we weren't division 1, and we played on a rudimentary soccer field. 30 years later, SBU is division 1, has a stadium, and a huge sports complex! In state tuition today is over $9000! Out of state tuition is over $25000! And this is a State University. I feel bad for American students who go to non-state schools. It's worse for them financially.

SBU's demographics is almost 30% foreign Asian & higher total foreign students. So who is reaping the benefits of subsidized education? It sure as hell isn't the American students. They have to pay the price for a school that wants Division 1 sports bragging rights. Sad.

 

Unfortunately, like Partizan1 noted, a lot of this is supply and demand. In order to attract the best students, universities have to lure them with hotel-like dorms, new dining halls, state of the art exercise facilities, beautiful, manicured campuses, shiny new lecture halls, tons of student services, etc. You get the picture. there is a reason why prospective students are not shown research labs, for example. It is the "college experience" they are looking for. Unfortunately, the "experience" doesn't come cheap. None of this, btw, involves faculty salaries, which especially in state schools have remained stagnant for decades.

 

I did not mean to jump so ugly on your case. That was a bit of unnecessary temper on my part, sorry.

Yes I proposed cutting back on foreign student visas. One of the areas that colleges are wasting money in my opinion is with the overload and over broad administration positions. College presidents and provosts and deans of left handed one legged one armed female make way too much and not all of those positions are necessary.

My understand is that professors even tenured are not the worst money wasting positions. Of course there are too many BS courses. Do we really need courses on the migration patterns of Homosexual Mongolian goats along the Ulma Bator river in Upper Kapustastan?

 

BS courses usually fade away by themselves. In our school, we have a minimum enrollment of 8. If this limit isn't met the course will be cancelled the next year.

As to Dean of .... A colleague of mine called them Deanlets. And I agree that they multiply like rabbits. It's easier to be an administrator than to actually create knowledge. That's why professors jump ship to administration. Often, it is the ones who have been less than stellar in scholarship who make that jump.

 

Not a big deal. In this day and age of politics sometimes you gotta reel people in & set them straight.

As per BS courses I flipped when my son told me he had to take a language for an engineering degree. It can be debated but I feel it is totally unnecessary. There went $3000 down the *******.

 

While you were at SBU , I was at Polytech in Brooklyn. And I commuted. Between scholarship and ROTC , I only paid about $2000 a semester. Of course, that's when they were bumping tuition every semester for 3 years in a row to fund Metrotech. We undergrads raised holy hell every year because we were never going to see the benefits of that upgrade and, in addition, the President of the school, George Bugliarello, was the 4th or 5th most highly paid in the country. The student body had to be well over 30% foreign students and the ratio of men to women had to be 8:1. I got out with next to no debt and did my 6 years in the Navy and moved on.

Where there's a will, there's a way.

 

Faculty salaries are not reletively , high you are correct. Administrative salaries are.

 

You paid for your "GI Bill" by serving your country after you received your government almost paid for education. I did I did it the other way. I did one year before going into the USAF and did ROTC but I dropped out. So I did my years as an enlisted and then used the GI Bill when they retired me out. There was a special VA school program for those with a service connected disability which paid for everything, tuition, books, supplies, fees , and a small stipend. I figured out a legal way to extend the GI Bill so it got me more than half way through grad school.

I am not familiar with today's GI Bill but forbus Vietnam Vets I have no complaints the country took care of our schooling. Four months after Ingot discharged from a military hospital where I learned to walk again I was sitting in English class a 23 year old freshman.

Funny story the English prof wanted me to write a paper "about Vietnam" . I told her I can do it in three words - " It was hot! ". She said that I should write about the Vietnamese society. I told her we were not there to study their society we were there to kill them. Her and I did get along.

 

I was on terminal leave when they started building up forces in and near Saudi Arabia for what would be the ejection if Iraq from Kuwait. I thought they might recall and extend my service under stop-loss but I guess they weren't short on ship crews.

If I had to write a paper, I'd have had a few choice things to say about being an LST while escorting foreign tankers up and down the Red Sea.

 

Someone who tells the truth and not peddling what l want to hear

 

So you’re rolling with Trump. Good.