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To: maceng2 who wrote (17966)8/26/2003 1:28:09 PM
From: Harvey Allen  Read Replies (1) | Respond to of 57684
 
>I know the government has to have people with jobs to pay taxes, otherwise... no government as I see it.

That was H Ross Perot's message. If you export jobs to $5. a day economies you end up with $5. a day here and the inability to provide the taxes to support local government services.

Harvey



To: maceng2 who wrote (17966)8/26/2003 1:34:38 PM
From: BGR  Read Replies (1) | Respond to of 57684
 
Well, my take is that things cost too much in the USA, which is why the salaries have to be inflated as well. There is no reason why the cheapest haircut should take 10 dollars in the USA and 50 cents in India, where the quality is the same (non-existent) and both are low skill jobs. As the jobs move out of the country, the salaries will rise in India and fall in the USA, and with it the cost of goods will rise in India and fall in the USA, and at some point parity will be reached. That's the nature of the free market. That will mean that the average consumption of people in the USA will match the average consumption of people in India for the same skill set, and by extension to the world.



To: maceng2 who wrote (17966)8/30/2003 4:29:09 AM
From: elmatador  Read Replies (1) | Respond to of 57684
 
People priced themselves out of the market.