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Politics : Politics for Pros- moderated -- Ignore unavailable to you. Want to Upgrade?


To: Dayuhan who wrote (18124)11/30/2003 4:00:12 AM
From: LindyBill  Read Replies (1) | Respond to of 793672
 
Do you have some fundamental objection to economic freedom?

Hey, hey, hey! You are answering the wrong guy!



To: Dayuhan who wrote (18124)11/30/2003 9:32:15 AM
From: quehubo  Read Replies (2) | Respond to of 793672
 
Steven the comments you responded to were mine. << The middle class will have to compete, just like everybody else. Do you expect the rest of us to subsidize them? Do you have some fundamental objection to economic freedom? >>

I stated that I think the impact of mass migration of middle class jobs will be a major challenge for the Bush Administration during its next term, second only to terrorism. Little attention was paid when manufacturing jobs left for Mexico and then Asia. But now as "white collar" jobs in finance, accounting, IT, engineering follow the continuing manufacturing exodus the pain will be spread through more regions.

So how does a Western worker costing the company $25 an hour compete against an Asian costing the company $2.50 an hour?

As the middle class shrinks those who move up will subsidize those who move down one way or another. I would prefer to pay a little more for services knowing that I am paying to keep an American working instead of paying taxes to support the same person on welfare.

The question for the politicians is how do we maintain a decent size middle class in an increasingly competitive global economy?