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Politics : View from the Center and Left -- Ignore unavailable to you. Want to Upgrade?


To: Sam who wrote (140628)7/11/2010 9:08:01 AM
From: Steve Lokness  Respond to of 541451
 
Sam;

The lure for them isn't just cheap labor (with lax labor regulation), but also heavily subsidized infrastructure and cash subsidies.

The two sides of the issue; do we use taxes to encourage a behavior like the original article you posted - or do we get in a bidding war dishing out "cash subsidies" to business. The author says we need to be more like China and India with.... open economy and capitalist ways. Bull. What is capitalistic about putting ourselves in debt for the benefit of business?



To: Sam who wrote (140628)7/11/2010 3:34:48 PM
From: Mary Cluney  Respond to of 541451
 
<<<do we really want the types of manufacturing jobs being created abroad, at companies like Foxconn?>>>

That should be a no brainer - low wage no brain work.

We have to wake up to the new reality. We can never compete for jobs that can be done by billions of uneducated people around the world.