Don't Blame Me, I Voted For Kerry Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Don't Blame Me, I Voted For Kerry

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Mark_H who wrote (2123)	2/13/2004 2:57:27 PM
From: Lizzie Tudor	Read Replies (1) of 81568

that is the law of comparative advantage. And it applies to production of widgets imho. The problem is that in terms of engineering, your workforce is also an investment so if all engineering work for Juniper or Google goes offshore all that means is the US loses that industry. In the short term the CEO of whichever company gains by sending engineering offshore. He/she also gains because small upstarts which are likely in the US cannot gain access to their workforce- it is harder to start a business in India. But that doesn't mean the US as a whole for that particular industry gains. Comparative advantage falls apart at this level. This is ignoring all the other issues such as the fact that workers pay most of the taxes in the country, and the US little guy is bearing the brunt of this huge military establishment that we have that India doesn't. It is a complicated matter and will be difficult to legislate but without some contols on this practice the US economy will collapse. BTW I am expecting an upward revision on the deficit after the 03 tax rolls. No workers, no taxes, WAY too much spending.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next