gut;1149950 wrote:Yeah And there's also this thing called global competition. Some people really need to wake-up from the 80's, or at least pick-up an economics book.
LOL. Plenty of economists out there that think your unfair practices on globalization is the number one reason for high unemployment and horrible economic growth here in the states. I guarantee you that I've read more econ books than you...and don't care what you majored in.
It's not an issue of being ok with it or not.
It most certainly is.
It's simply acknowledging the reality and that "forcing" mfrs to plop down in the US and be uncompetitive on costs is not good for the economy.
. And this type of thinking makes me question your level of understanding economics. You like 8.5% unemployment? You like 15 trillion in national debt? Ypu like fiat money? Or would you rather have full employment and pay an additional 5% for goods/services ? Not to mention that the IRS coiffers would dramatically rise. And...you act as if the manufacturers move simply to circumvent minimum wages...but you mention nothing regarding, child labor laws, human rights abuses, OSHA, NIOSH and other factors. If you would actually read a few books on the subjecvt, you would understand.
Maybe if we do something about the highest corporate rates in the developed world it can make a difference.
A completely false statement...and of course, unsourced.
But, oh no's, corporations make too much money and we need to raise taxes to fund the welfare state.
As opposed to keeping jobs at home and cutting the welfare state in half.
Nobody complaining about the "offshoring" of jobs would do anything different if it was their wallet. It's just an extension of the welfare/entitlement state that such a policy is wrong, evil and unfair. As long as it's someone else's money, people have no problem pointing a finger.
In earlier decades, there was in fact a patriotic pride in buying and manufacturinging in America. Today, it's quite obvious that corporate America, in bed with the legislature, have lining their own pockets wayyyyy above balancing a budget, keeping Americans working, and growing the GNP. That huuuuge sucking sound is that of the power brokers inhaling your earnings, savings, retirement and even your land. What a shame.