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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: Tenchusatsu who wrote (1267905)10/9/2020 6:24:11 PM
From: Land Shark1 Recommendation

Recommended By
pocotrader

  Respond to of 1578704
 



To: Tenchusatsu who wrote (1267905)10/9/2020 7:37:57 PM
From: Rarebird  Read Replies (2) | Respond to of 1578704
 
<< Outsourcing happens when you raise the cost of labor here due to left wing economic policies>>

I realize you like to blame everything on liberal economic policies, but you are wrong here. When cost of labor increases, productivity decreases. There are many reasons why cost of labor increases, such as shortage of workers who lack the requisite skills to perform the tasks at hand.

In Silicon Valley, many companies have to hire workers from overseas on special visas to get them to do the job as needed. If free college education was offered to families earning under 125K, there would be more of a pool of workers to choose from to keep a lid on wage growth.

Cost of labor should represent no more than 50% of the revenue one brings in. When I ran my learning center, my cost of labor was a lot less than that because I had other expenses, such as rent, energy costs and supplies.

Are you referring to the rise in minimum wages to $15 an hour in some States? That is just a matter of decency, getting people off slave labor. And you are blaming that on liberal economic policies? Shame on you.