Quote:
Originally posted by Pleasurepays
you seem to understand very little about micro and macro economics. proof of this is the fact that you think the economy is a zero sum system. its not. economies grow 2-10% per year in the real world. in your world, they apparently don't.
massive profits, continued corporate and economic growth are hardly harmful to the economy.
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Even if I did not understand micro and macro I do have logic and common sense. An economy growing by a margin as low as 2-10% has mostly to do with large corporate gains fueled with outsourcing and that potentially can have NOTHING to do with the people of our country asx a whole other than the elite who own the corporations.
If I have a large corporation and I use India for IT, Mexicans for lawn care, Japan for technology and Hong Kong for parts then I can make a pretty penny paying them as opposed to American programers, lawn care and local computer producers. I have a majority of my money going out of the country. Likewise my friend moves his plant out of the US and into Mexico for cheaper labor, my other corporation owners producing physical goods have also and the majority of the others use the same sources for labor and work as I do, what do you think is happening? Do you think we did this so we could lower the price we charge for our goods? I don't think so, we have a industry standard and the best way to make sure we make more money "competing" is to lower what is called production costs.
WE have effectively taken money out of our pool and put it into the pools of other countries for good and services. Then I sell those products to Americans and take money from their wages and then put that money back into the other countries to produce more to do the same thing. In the meantime more americans are born and as more and more people graduate from college they look for corporate jobs which my friends and I have given to foreigners so that we can line our pockets. I am making more profit as a business owner who is paying for cheaper labor and goods and also keeping my money in foreign banks and traveling a lot spending money in other countries. So when I am reporting how my business is doing we have effectively grown leaps and bounds as a corporation "YEAH ECONOMY IS GROWING" no my pockets are growing and so is the economy of countries I and my friends are pumping money into, meanwhile Americans here can not get a job and in a few years the masses will not be able to even afford some of the goods I am putting out unless I drop the price down or the government comes in and forces me, which is possible because it does not cost me as much to produce, that is if I am not greedy.
So macro economics are fine, 3rd world countries are making money now and coming up, micro on the other hand is dwindling. Common sense tells me if you flow from greater to lesser then greater lowers to become equal IF there is not to heavy a flow into lesser in which it becomes greater.
The guys in india I am paying money to are not traveling here, they are not buying ford mustangs, they are not buying shares of Coca-Cola, they are not eating at Wendys, they do not shop at Wal-Mart can you not see that? You just spend 60k in education but your kid can not get a corporate job because I do not want to take money out of my pocket to pay them for something someone in India can do. Outsourcing is now always going to be done by anyone who is not like Sam Walton and has a gun-ho "Americans for America" ideal and refuses to give jobs to outsourced countries no matter if it means less profit for them or not. Where do you think the money we owners of corporations (and yes I do own one) is coming from. Most of you can not grasp this because you do not work a 9-5 but bare with me. The money corps make come from products/services that you buy, that money usually comes from a 9-5 that you work at producing some good or service for another company in another or the same industry.
I am just saying do not try to sugar coat outsourcing like it is some magical equilizer, it will cause a decline in the amount of jobs here in America, it will be a long time between when there are lay offs here because of it and when the government will step in and there are reforms of cost of living drops in America so that people forced to take lower wages to compete will be able to live at what we here call a decent level of living. How do you think they will do that? Do you think they will lower taxes? And what if they do, that means lower levels of funding for schools and roads, health care, defense etc. Do you think that the greedy politicians are going to take pay cuts, do you think they will feel sorry for the families out there and spend all the money on what they say they will. Maybe in your idealistic world, but in mine the mentality of the few who are in power who believe in making money for themselves with a fuck the many and the future mentalities are in control.
My respect to those who do it and admit they do it and can say that they do not give a shit, they want money. But for all the people out there who know good and damn well the effects of it and want to lie to themselves about the long term effects all I can do is shake my head and chuckle.