SI
SI
discoversearch

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 : View from the Center and Left

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Mary Cluney who wrote (5797)11/26/2005 3:05:40 PM
From: epicure  Read Replies (2) of 542160
 
We are losing jobs to India and China in a cascade because we cannot compete. Companies are outsourcing en masse precisely because American workers (at a living wage) are not competitive. I think we've already screwed ourselves- the task going forward will be to unscrew. If we don't unscrew ourselves, all the optimism in the world isn't going to propel America forward.

The more things are "open" the more the jobs will flood from the US, because quite frankly people here are not willing (at the moment) to work for the same wage as a factory worker in China or Bangladesh. What's pouring in to the US? Cheap imports, not jobs. Sometimes when you "open" a system, equilibrium can look really really bad, to the folks who were floating at a higher level (namely folks in the US). I'm not sure our society is going to peacefully assimilate the movement to equilibrium.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext