Re: What happened to Japan?
From: Johnny 5 (johnny5_at_yahoo.com)
Date: 07/14/04
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Date: Wed, 14 Jul 2004 06:45:18 GMT
Jim Blair <see@sig.com> wrote in news:cd1all$3e7$1@news.doit.wisc.edu:
> What happened to Japan?
>
> During the 1970’s and 80’s it seemed like everyone was worried about
> Japan taking over the world.
They sure have the neatest cell phones with all the latest tech.
They were smart and efficient, and were
> employing TQM (remember that?)
I remember TQM, they started that shit at IBM in 95 and then a few months
later laid off 7K people in my section right before their 20 year
retirement - didn't have to pay all that burden at that point - so the
stock did well and we acquired lotus notes - there was a guy in the
networking division, he had a nice car, nice house, was sending his kids
to college, worked hard, laid off 1 year before his retirement, lost the
house, the car, wife left him, couldn't help his kids, so sad. My peers
at the time called me a fool for leaving my cushy big blue job, I guess
they couldn't see the future. The sad thing is 2 buildings over were all
these indians working for pennies on the dollar that were getting
training and eventually got sent back to india to do IBM work there, I
met some of the smartest people in my life at IBM, and some of the
dumbest too. I tried reaching some of my old peers at IBM a few years
ago - they were gone - BWAHAHA!
> They had an "Industrial Policy". The USA was going to be falling
> behind them and eventually they would control the world economy
They didn't realize how quickly we could train cheap indian slave labor
to do the work and cut the heads off our old to save money - silly
japanese and thier putting family first ideals - they will never compete
successfully like that!! Must kill old people!!
> and even buy up most of the valuable property in the USA: Rockeller
> Center and Pebble Beach, lots of hotels and our companies, etc.
Its so funny, at the time IBM was doing xray imprinting of logic gates on
motherboards and control circuits, an IBM scientist came up with laser
imprinting, better detail, faster operation, more circuits - less space -
IBM execs said nope, too soon for that shit, we can make money on xray
tech for many more years, he left IBM, went to some japanese company,
finalized the development there, and IBM wound up leasing the technology
from japan that they basically funded - retards. Bill Gates told them to
cannabalize thier own product first before the competitor eats it years
earlier, no one ever learns in the ivory towers.
> Then during the 1990’s everything changed. Japan fell into a decade
> long recession, sold off their US holding at a loss, the yen dropped
> to under a penny and the question was what happened to them and why.
>
>
> Georgists said it was because they directed their tax base away
> from land.
They didn't kill thier old and train cheap slave labor as quickly as we
did. We stayed more competitive - cut the costs everywhere we could,
screw grandpa and the current american worker - this was economic
warfare.
> Supply Siders said it was because their taxes were too high.
>
> Conservatives said Japan was an example of failed Keynesianism.
>
> http://www.aei.org/publications/pubID.7119/pub_detail.asp
>
> Paul Krugman offered the interesting idea that it was demographics:
> too many old people.
>
> http://web.mit.edu/krugman/www/japan.html
>
> But for the last several years Japan has pulled out of its recession
> and is on the rebound again.
>
>
> Why? Do they tax land again? Have they cut their tax rates? Have
> they stopped trying to deficit-spend their way to prosperity?
> Did they get younger?
Good questions, I know what worked at ibm, mass layoffs of the old,
massive training of slave labor to replace the young, IBM stock did well.
I quit my job when I saw my future.
>
> ,,,,,,,
> _______________ooo___(_O O_)___ooo_______________
> (_)
> jim blair (jeblair@facstaff.wisc.edu) Madison Wisconsin
> USA. This message was brought to you using biodegradable
> binary bits, and 100% recycled bandwidth. For a good time
> call: http://www.geocities.com/capitolhill/4834
>
>
-- Government policy in interest rates, and on finance generally, has been marked by vacillation, wishful thinking, electoral expediency of the most shameful type towards the end of last year, contortions and contradictions, all to accommodate the redneck economics of the National Country Party. (Harsard Aug.27 1981)
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