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

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

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To: Lizzie Tudor who wrote (2105)	2/13/2004 2:52:40 PM
From: Mark_H	Read Replies (1) of 81568

If US businesses can not be competitive with foreign products because of labor cost, what happens to that business? It goes out of business, i.e. many jobs lost. If it goes out of business we lose more than just jobs (bankruptcy has a ripple effect throughout the economy) If a US business can reduce labor cost to remain competitive by "off-shoring" some jobs then it has a chance to stay in business, i.e. retains jobs in the US. By staying in business, we also retain some tax base, profits and other benefits in the US. Tell me where any of this is wrong. If you're a CEO, would you choose to close your doors over reducing labor cost?

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