1 the selling of america? the outsourcing dilemma
Post on 22-Dec-2015
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TRANSCRIPT
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The USA merchandise trade deficit reaching an all-time record deficit in 2008 of $821 billion.
Cumulative trade deficits since 1985 total $8.2 Trillion
These trade deficits are owed to non-Americans - - not to ourselves
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USA just $69 billion.
Together, China and Japan own 40% ($1.9 trillion) of total World international reserves ($5 trillion).
The U.S. share is just 1%.
Additionally, the USA has tremendous international debts exceeding $10 trillion to more than cancel out its mere $69 billion in international reserves, whereas Japan has zilch international debt.
Devaluing the U.S. dollar's foreign exchange rate will not solve the problem.
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Federal Government Debt ReportFederal Government Debt Report
$12 trillion at end of fiscal 2009, or $38,956 per man, woman and child.
In FY 2009 federal debt increased $1.7 trillion.
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The rapid build-up of federal debt per man, woman and child is $38,956.
This means a family of four (4) shares $155,824 in federal debt responsibility
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GDP Growth Rates – 2008/TrendGDP Growth Rates – 2008/Trend 1. China 9.6% - 12%2. India 7.4% - 10%3. Vietnam 6.2%4. Russia 5.6%5. Brazil 5.1%6. U.S. 1.1% - 2.5% 7. Germany 1.0%8. U.K. .7%9. Canada .4%10. Japan (.7)%
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Country GDP (millions of USD)
— World 60,917,477[4]
— European Union 18,387,785[4]
1 United States 14,441,425
2 Japan 4,910,692
3 China 4,327,448h (8.8 trillion Yuan – PPP)
4 Germany 3,673,105
5 France 2,866,951
6 United Kingdom 2,680,000
7 Italy 2,313,893
8 Russia 1,676,586
9 Spain 1,601,964
10 Brazil 1,572,839
11 Canada 1,499,551
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America is living beyond its means - - by consuming more goods made by others than it produces to meet the needs of foreigners - - resulting in exploding debts in favor of foreigners, in addition to record high domestic debt ratios of household, business and the domestic financial sectors.
It can be seen that the pattern since the mid 1970's brings into focus the basic question above - - America's lack of competitiveness world-wide - -
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What is Kaizen?
The Japanese use the term “kaizen”
for continuous improvement.
Kaizen budgeting is an approach that
explicitly incorporates continuous
improvement during the budget
period into the budget numbers
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Kaizen budgeting is an approach that
explicitly incorporates continuous
improvement during the budget
period into the budget numbers