COMMENTS:
Voted : Comment
"Deserve" is not an issue here. It is reprehensible that American companies care so little for American workers that they undermine them and force them to compete with third world wages. It shows you where their "hearts" are.
Voted : No
No one deserves that. Another note on the Articles of Impeachment for one GW Bush...
"Deserve" is not an issue here."
I agree, its not a matter of morality, its economics. Milton Friedman said
"a firms only social responsibility is to provide a profit to its shareholders"
Its profitable to outsource low skilled jobs to labour abundant countries. Low skilled American workers will suffer, but will survive if they adapt. The government should provide the appropriate social safety nets to help them throguh this, however it is their responsibility to adapt in the long run.
Most of all, Education education education!
This isn't a partisan issue, Truthseeker, those bastards on capital hill are all responsible for what is going on, republicans and democrats alike. On one side you have those who want it because it drives profit, and on the other side you have those who want it because it provides 'jobs' and helps the economy of 'less fortunate' countries such as India or Pakistan, the Philippines, etc.
It's a total crock, it just goes to show that, when all you care about is the profit margin for 'next quarter', you are willing to sacrifice any long term viability in the market place, or as an economy in general. We are headed for a massive depression if something doesn't change, the amount of debt a lot of people have incurred, multiple mortgages, outsourcing, and a 'it's not my fault' judicial system are sinking us really quick.
^Historically, America is not good at "safety nets." Socialism is the hysterical label our masters have taught us to shreak whenever someone suggests that the taxpayers ought to have more use of their taxes.
One thing is certain, if the third world is required to provide access to American products, they will soon lose their labor cost advantage.
Good point. then I believe the problem is with the American government, rather than American corporations.
The government has a role to play, filling in the gaps in the market that private business wont. If it isnt doing that, its time for a change of personnel.
"Socialism is the hysterical label our masters have taught us to shreak whenever someone suggests that the taxpayers ought to have more use of their taxes"
Speaking of which, the sorely missed Herzog once had the gall to quote the laffer curve to me as a reason for Keeping American taxes low. In case you dont know, the Laffer curve is a theory that beyond a certain point, an increase in taxes provides a disincentiveto work, and increases tax avoidance, thus LOWERING overall taxes.
Thats all very well, but what Herzog hadnt taken into account was that the laffer curve applied to certain European economies where at one point citizens were being charged EIGHTY PERCENT of their income in taxes! The study suggested lowering the total to 70% would provide a greater incentive to work.
I hardly think American taxes are at that level yet ... perhaps they could be raised just a little? a mere smidgeon of a speck of scintilla?
No? Oh, ok then.
^Good point. The Laffer Curve didn't curve the way Reagan thought it would.
Voted : Yes
Yes, starting at the top!
Maybe this will cause the sheep to wake the ƒu¢k up.
Voted : Comment
A better question would be: "Do developing countries deserve to have their markets crushed by socialist protectionism in the first world that thus keeps such poor countries undeveloped, stagnant and impoverished?"
My answer would be: no, the developing world does not deserve that.
One then has to weigh what is more unjust: some jobs being lost in the first world for which employment can be found in other jobs (When jobs in car manufacturing were outsourced to Japan, the US did not experience a depression or an economic crisis) OR offering A LOT of people specifically in poorer countries a job and offering their nation a chance for development? While both are imperfect scenarios, the reality is that life is made of restricted choices.
Voted : Yes
The labor unions have demanded too much. Many of them have outlived their usefulness.
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