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no, you are wrong. That was an article in the WSJ. The fact of the matter is... not wanting to get political, is that Companies are rewarded for allowing jobs to go overseas, and until the loopholes are closed, this trend will continue.
I'm not sure what that has to do with what I said, but okay...
You wanna know why jobs are headed to China? Because the labor is competitive! It's not a difficult concept - here in the US, the minimum wage and other regulations prevent US companies from being able to compete with places like China and India. What do you suggest to remedy the problem? Prohibiting companies from moving overseas? Great, if you don't mind making them go bankrupt, or their prices increasing exponentially. Preventing imports from China? Congrats, the cost of living goes from high to crazy insane high.
So far, I have seen no other viable remedies that won't kill the economy and make everything more expensive.
The people in China are enslaved by business owners. I do believe thats what they want to do here! Keep unemployment high so they can drive down wages. Nobody can support a family on a min. wage job, let alone what the poor souls in China are paid! Those people usually have to live in the factory, and pay rent and utilities... sounds like the old days of the coal workers and the company store. I for one want to move forward.. not backwards.
Companies outsource jobs if they think it will make them a nickel more in profit!
no, you are wrong. That was an article in the WSJ. The fact of the matter is... not wanting to get political, is that Companies are rewarded for allowing jobs to go overseas, and until the loopholes are closed, this trend will continue.
I'm not sure what that has to do with what I said, but okay...
You wanna know why jobs are headed to China? Because the labor is competitive! It's not a difficult concept - here in the US, the minimum wage and other regulations prevent US companies from being able to compete with places like China and India. What do you suggest to remedy the problem? Prohibiting companies from moving overseas? Great, if you don't mind making them go bankrupt, or their prices increasing exponentially. Preventing imports from China? Congrats, the cost of living goes from high to crazy insane high.
So far, I have seen no other viable remedies that won't kill the economy and make everything more expensive.
The people in China are enslaved by business owners. I do believe thats what they want to do here! Keep unemployment high so they can drive down wages. Nobody can support a family on a min. wage job, let alone what the poor souls in China are paid! Those people usually have to live in the factory, and pay rent and utilities... sounds like the old days of the coal workers and the company store. I for one want to move forward.. not backwards.
Companies outsource jobs if they think it will make them a nickel more in profit!
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