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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: Maurice Winn who wrote (15478)2/23/2002 11:44:25 AM
From: AC Flyer  Read Replies (3) | Respond to of 74559
 
>>It's unethical to "Protect" the job of some lazy, greedy, overpaid slob when somebody will work for much less in some other country. Jobs do not belong to the person who works. The customer owns the jobs and THEY allocate their money to their preferred supplier [unless they are held hostage by some criminal class = unions backing politicians who use police and laws to confiscate the "customer's" money].<<

Yes.

Furthermore, low labor cost competition is good for the US as it forces management to spend a little less time on corporate politics and a little more on planning and investing in shiny new, American-made equipment that provides the productivity to stay ahead of the (Chinese, etc.)