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.
Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: GraceZ who wrote (8112)1/15/2003 11:18:26 AM
From: MoominoidRead Replies (2) | Respond to of 306849
 
Or if American consumers are prepared to pay higher prices for American made goods of course. People rarely look at that side of the equation. They want low prices AND high paying jobs....



To: GraceZ who wrote (8112)1/15/2003 1:15:00 PM
From: mcg404Read Replies (1) | Respond to of 306849
 
<<People expect companies to not act in their own interest.>>

No. I think even the worst knee-jerk liberal expects companies to act in their own behalf. But, they would probably argue that at some point (and that 'point' is certainly a suitable topic for debate) society should attempt to balance the needs of labor (and in some cases entire communities) with the needs of business.

<<people still hold the irrational belief that even though a huge discrepancy in employment cost exists between the US and other countries that somehow the government can pass laws that keep US jobs from leaving for less expensive locations>>

Irrational? Not sure I see why. However, if you simply mean it isn't going to happen, then I'd agree with you (at least in the short/intermediate term).



To: GraceZ who wrote (8112)1/15/2003 3:43:53 PM
From: MSIRead Replies (1) | Respond to of 306849
 
That's inevitable. The only sane approach is to look at what creates jobs here in the US and reduces the burden on the wage-earner, and work on those policies first, rather than payoffs to those (ironically, like myself) who have a corp that benefits from the Bush tax policies, benefits from low wages here and abroad, etc. That's not where the problem is, and not where increasing national debt should be created and spent for.

If I increase profits, I'm more likely to invest in real estate and technology, which are good things, but not the same or as immediate as paycheck tax relief. It's the wage that buys most of the consumer economy and creates confidence.



To: GraceZ who wrote (8112)1/16/2003 10:26:25 AM
From: J. P.Read Replies (2) | Respond to of 306849
 
I don't mind jobs leaving the USA. What I mind is importing scabs from other countries to come over here and work for 1/3 the wage. Eventually, who is going to buy those 300K starter homes? You'll have the business owners living in 1M+ houses, and everyone else in foreclosure. I'm not saying today, but give it some time. And you'll have to keep recycling your imported workers because eventually they'll want a higher wage to live comfortably here.