Quote:
Originally Posted by Stamen
Depends on how you look at it, the immediate effect is bad for America because it means we are losing jobs right now, our goods are cheaper, but if you have no money to buy them, it's a wash.
The longterm effect is good for America, because we build trade in other countries which boosts our overall economic efficiency, and develops a dependency on our goods (and the ability to pay for them) in their country, which means that businesses need to expand to fill the new demand, and the expansion happens in America.
The ultimate result is you get another Canada, instead of another Mexico.
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I don't see how exporting work to other countries builds trade. Efficiency, yes, sure, but "productivity" (ie. more work out of less people) is already cutting job availability in most sectors that aren't service-related.
Outsourcing will pushes the economy to a state some call the 'Wal*martization' of the country... where only rich individuals and huge megacorps can afford to buy anything substantial, and sell rock bottom priced crap to people who can only afford to buy rock bottom priced crap because the good jobs have been outsourced and they have to work at wal*mart; where wages are shit but it's the only thing around and you *have* to work there 'cuz the CC's are maxxed and there's no more cash in the savings account.
Outsourcing is a race to the bottom. Don't think that your country (whichever country you're in while reading this) is immune, either... money has no patriotism.
