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Subj: Re: Book Recommendation
Posted: Fri Oct 17, 2008 at 11:45:02 am EDT (Viewed 583 times)
Reply Subj: Re: Book Recommendation
Posted: Fri Oct 17, 2008 at 06:08:57 am EDT (Viewed 641 times)
Everytime I've been in the mood to read it, it's been checked out at my local library, so I just end up getting something else. Not a good excuse though, since I've should have read it by now. I even attended one of the writer's lectures.
There comes a point where labor unions do more harm then good. And you have to decided if we have reached that point yet. I think we have in this labor union. For instance, one of the union requirements was that so many people had to be working at a factory at one time. So since the company couldn't reduce the number of workers anymore, they decided to just shut the whole factory down.
There are lots of problems I have with your solution. The capitalist in me has a problem with the government telling an individual company what kind of decisions it can make.
If you reduce the salaries of a job, you get people less qualified for the job. Simple supply and demand.
And while it might revolutionize America, it would be bad overall. Obviously you think these are all great changes, but they aren't in reality. You can't force a company to spend billions in R&D if they don't want to.
Just to review. The problem with jobs going overseas is that those jobs can be done more efficiently if done in another country. The solution is to increase the efficiency of the American worker.
They can't really afford to pay more, unless you want the price of these products to go up. Most food items have an extremely low profit percentage.
And there is a prevalent attitude in American that it's better not to work then to work for less than you think you deserve. Even something like unemployment benefits encourages people to not actually work.
Outsourcing is directly related to things like imports.
Let's use the example of steel. American steel jobs have been going overseas since the 1950s. So let's say that the government wants to increase the US steel industry. They would have to increase the tax on imports on foreign steel. Those other countries will get mad because they can't compete on an even playing field, and in return they will raise the tax on imports of American goods to their countries. So America has even less exports going out. Which raises the price of their imports.
Countries have a vested interest in their own economies and their nation's products. They aren't going to allow another country to impose fees for buying their products, and not do anything in return.
Hope I was clear. It all makes sense in my head.
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