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What will happen with the USA when it outsources everything?
I may be stupid but...
US citizens are the richest in the world - it's a fact, but they didn't become rich because they outsourced.
So, what happens when:
a) Joe Sixpack works as a car-parts manifacturer. He gets $10k per month sallary. He buys TVs, DVDs, Cars, Pays taxes etc.
b) 100 x Joe Sixpacks = good consumers
c) You outsource 100 joe sixpacks to China, and you give 100 chinese $100 a month.
d) you get RICH corporate CEO, rich corporation, but you leave 100 Joe Sixpacks out of job
e) The company now has parts to sell, but there aren't any Joe Sixpacks to buy those parts.
What will happen if tons of the work gets "outsourced" and many people loose their jobs, who'll make the US economy grow? If the outsourcing trend continues there will be tons of rich companies with poor population.
???
Explain this to me..
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