"I totally agree with you, But I am having a hard time convincing people that this isn't right. Most people just don't care enough or feel that these minorites are a threat of ome kind so are willing to sacrifice their rights.…"
Michael Tanner of Cato Institute says outsourcing "Good for America".
http://finance.yahoo.com/blogs/daily-ticker/outsourcing-good-cato-m...
In the link above is a video of a Mr. Michael Tanner of the Cato Institute stating that outsourcing is good for America. He says that outsourcing gives entry to the US companies that outsource into the markets of the country where the jobs are outsourced to.
Is this guy an idiot or not? I say idiot, because of his statement I noted above.
If outsourcing gives entry into markets then where are the Fords, Dodges, and Chevys being sold in China? I don't think there are many, if any, sold there. He also states that the 'money' comes back to the US. From what? The only money that would come back to the US is the profits, which is considerably less than the cost of the goods. If an article of clothing was made in the US from US grown fibers for a US company then 100% of the cost of the article of clothing would stay in the US, not just the profits.
Replies to This Discussion
-
Permalink Reply by JonEdanger on -
Bill's Khakis
I happen to own 6 pair. I'm wearing a pair now. They're what I wear exclusively for work. Best pants I've ever owned by far.
-
-
Permalink Reply by Rick Shelton on -
If the population of a country can't afford the products they produce because of the low wages, the very reason the company moved production to that country in the first place, then how many of the products of that company will be actually be purchased in the country? Once the wages reach the level where the workers can, maybe, afford the product the company will move the jobs somewhere else where the wages are lower. And if you think 3 million cars sold in a country of 1.3 Billion people is market entry then, wow they've sold cars to less than 0.3% of the population and it's not likely to change very much in the near (10 years or so) future.
As for Lenovo I won't purchase one and I don't expect any Government agency would purchase one either.
How are we to pay for the education and re-education system if the tax base has lost their jobs to overseas production? Oh, I guess the wealthy can pay "Their fair share". What jobs do you suggest would be available for those children? Service jobs, engineering jobs, design jobs, food service, food production? Can you honestly say an economy based primarily on those sectors is a healthy economy? How do you think we got into the mess we're in? The backbone of any economy is production, take that away and your economy isn't healthy.
-
-
Permalink Reply by Rick Shelton on
-
I would ask how much of that manufacturing is actually putting things together from 'parts made overseas'. I think you would be suprised at the answer. Every vehicle I can think of has parts made overseas. Computers, if put together in the US, are put together from parts made overeseas. Much of the clothing made in the US is made from cloth manufactured overseas, some of our cotton goods are stitched together from cotton grown in the US that is shipped overseas to make the cloth and then shipped back to the US to make the clothing.
-
-
Permalink Reply by Shane on -
Doesn't matter too much anymore:
http://www.forbes.com/sites/singularity/2012/07/23/the-end-of-chine...
-
-
Permalink Reply by Shane on
-
After I wrecked myself financially I went looking for how money works and stumbled across him. Excellent primer on economics.
-
-
Permalink Reply by Rick Shelton on
-
I don't propose protectionism. More equitible entry to market in our own country is what I would strive for. If goods produced in foreign countries have lower costs to market than goods produced here the the barriers to entry for US companies are not equitible.
A positive trade balance would be nice too as well as equal access to the markets of the countries we outsource to.
-
- ‹ Previous
- 1
- 2
- Next ›
Latest Activity
Sean Grogan replied to Sean Grogan's discussion Opposing a Charter of Secularism in the group Catholic Men
Paul_of_TX replied to LShieldes's discussion Run fat boy run"Advil is your friend when running. It works as an anti-inflammatory not just a pain blocker so it really helps after a run.
Also since you have a pool take your shoes and wade into the water after your run for 5 to 15 minutes. Just waist deep or…"
Stephen Larsen replied to Stephen Larsen's discussion My Experience with PIT Training in the group New Warriors"It's a necessary risk. Couldn't be open for connection if I wasn't also vulnerable. Thank you."
Aaron F Kendrick replied to Daniel's discussion What makes a great politician? in the group The Great Debate"I consider a politician to be interchangeable with tyrant and we are seeing the perfect example in Obama. What we need are statesmen. Statesmen respect the founders and the Constitution. Statesmen would never have butchered the…"
Joseph Casson replied to StaggerLee's discussion Are Muslims Silent or Is The Media Negligent? in the group The Great Debate"The media is always negligent. It makes money that way.
1. Report a story, edited by the media to sell more copies
2. This selective reporting rouses hate amoung the common folk
3. Hate causes riots and other dispute
4. Media makes money reporting…"
Vytautas replied to Jonny's discussion Was putting my dog to sleep the right thing to do?"Sounds like you really want to live the Old Yeller movie. I'm sure you have experience killing animals, but shooting a family member is far from humane. Take him to a vet. It's far better than the option you seem to be hinting at."
Will replied to LShieldes's discussion Run fat boy run"Right out the front door (if it's a place safe to run), and don't beat yourself up if you only run 100 feet. Just do more next time."
© 2013 Created by Brett McKay.
Powered by
