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Bush: Outsourcing painful, but remedy is worse
CNN.com ^ | Friday, March 3, 2006 Posted: 1640 GMT (0040 HKT)

Posted on 03/04/2006 2:25:11 PM PST by Gengis Khan

NEW DELHI, India (CNN) -- Praising India's expanding economy, President Bush warned Friday that fears about job outsourcing to other nations should not prompt the United States to limit global trade. "It's ... important to remember that when someone loses a job it's an incredibly difficult period for the worker and their families," Bush said in a speech in New Delhi. "It's true that some Americans have lost jobs when their companies move their operations overseas," he said. "Some people believe the answer to this problem is to wall off our economy from the world through protectionist policies. I strongly disagree."

(Excerpt) Read more at edition.cnn.com ...


TOPICS:
KEYWORDS: bush; gwot; india; indiavisit; jihad; outsourcing; pakistan; terrorism
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To: A. Pole

The US is a little bit bigger than those other countries, don'cha think?


201 posted on 03/04/2006 8:06:41 PM PST by dfwgator
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To: hedgetrimmer

I will not tell you.


202 posted on 03/04/2006 8:07:34 PM PST by jveritas (Hate can never win elections.)
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To: A. Pole
Hong Kong followed by Singapore, New Zealand and Switzerland

Hong Kong= Chinese communist.
Singapor = Chinese communist.
New Zealand= socialist.

Switzerland = socialist direct democracy?

Rhetorical question for you: if the people in these countries are not "free" how can their economies be free?
203 posted on 03/04/2006 8:07:51 PM PST by hedgetrimmer ("I'm a millionaire thanks to the WTO and "free trade" system--Hu Jintao top 10 worst dictators)
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To: MNJohnnie

"That's right. CLING to your ignorance. Maybe it is this fudemental inability to evolve that explains why the Whine All The Time Choir is in such a panic to avoid "Outsourcing" (Aka EXTICTION). It's Called Capitalism. Learn to live with it. It only works better then every other economic system every tried by man."

The company from which I'm retired now grew by a factor of 60 from the early 70's til now. About 1980, its sales from outside the US surpassed its internal US sales. Now, sales in developing nations are one of the biggest drivers of sales gains which continue at an accelerating pace. My company did this largely thru ignoring the fact that borders exist.


204 posted on 03/04/2006 8:08:30 PM PST by Rembrandt (We would have won Viet Nam w/o Dim interference.)
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To: gogoman
First of all, that vaunted health insurance, that you think is you due, isn't!

Self employed people don't get that benefit.

How about the government "give" everyone health care insurance? Great idea? ONLY FOR SOCIALISTS!

Gee, what about people who get new jobs, with better salaries?

No job, other than teaching, is guaranteed.

People have been fired, for no good reason, in the past.

Injured on the job?

THEY WERE FIRED!

New immigrants, or *gasp* brought in immigrants ( the Chinese ) replacing American born ones?

THAT'S WHAT HAPPENED DURING THE MAJORITY OF AMERICAN HISTORY!

Who spends "dozens of years" ( 24, 26, 42 years ? ) training for a certain profession? It doesn't even take doctors that long!

205 posted on 03/04/2006 8:08:49 PM PST by nopardons
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To: dfwgator
The US is a little bit bigger than those other countries, don'cha think?

Yes. But we were not talking about the size.

206 posted on 03/04/2006 8:09:56 PM PST by A. Pole (If the lettuce cutters were paid $10 more per hour, the lettuce head would cost FIVE CENTS more.)
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To: hedgetrimmer
Rhetorical question for you: if the people in these countries are not "free" how can their economies be free?

So these data must be faulty.

207 posted on 03/04/2006 8:10:42 PM PST by A. Pole (If the lettuce cutters were paid $10 more per hour, the lettuce head would cost FIVE CENTS more.)
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To: Dane
Ruh roh, the UAE is ranked 9th. That should rankle some feathers.

Economic freedom? What the heck is that? The power to consume all and maximize profit? So WHAT? If you want to live in a crap hole of economic greed, move to China and become a coal miner.....sheesh.

208 posted on 03/04/2006 8:10:58 PM PST by ScreamingFist (Annihilation - The result of underestimating your enemies. NRA)
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To: ScreamingFist

Any measure of economic freedom must also factor in property rights. I don't think China would score very high in that area.


209 posted on 03/04/2006 8:13:13 PM PST by dfwgator
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To: nopardons

Just another one of the America Last crowd.

Why not just move to Mexico?

You can live very cheap there, you could probably get a maid, and a couple servants.


210 posted on 03/04/2006 8:14:15 PM PST by rcocean (Copyright is theft and loved by Hollywood socialists)
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To: jveritas
I'm not reciting DNC talking points, I'm making the point that there is an economic cost toward training for a certain skill and career only to abandon it later on because of outsourcing (not because the skill is outdated). It's a waste, is that not clear? You are right, we have better standards of living because we are using cheap Chinese-made products to lower our inflation. Every product today has some parts that are made from cheap Chinese labor, and hence making it affordable for the American consumer. Great. But it doesn't really reflect our competitiveness. The Walmart worker in the US is NOT more competitive than the Walmart worker in China, even though he earns $10/hr compared to the Chinese worker's $0.80/hr. That American Walmart worker can buy 5 big macs within an hour, while the Chinese Walmart worker can only buy 1/4 of a big mac. How long do you honestly think this kind of artificial arrangement (fixed currency exchange) will last? My fear of globalization is that precisely because I have traveled the world, I don't believe that some of us Americans can afford to be competitive. Why? Because in a REAL global free-trade environment, that American Walmart worker should be earning about the same as that Chinese Walmart worker. Globalization benefits us at the moment precisely because THERE ARE BARRIERS to free-trade. We can't afford to have American Walmart workers earning the same amount as Chinese Walmart workers, it will cause a lot of dissent domestically.
211 posted on 03/04/2006 8:15:20 PM PST by gogoman
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To: brainstem223

"And what was the product they were making or you prefer to be as vague as was your point>?"

It sure seems like there are a lot of angry and/or nasty folks on here tonight.


212 posted on 03/04/2006 8:19:26 PM PST by Rembrandt (We would have won Viet Nam w/o Dim interference.)
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To: nopardons

Stop rambling. I am against the welfare state. My point was that some people here are associating people who are against globalization with being supportive of the welfare state. Your rant just proved it once again.


213 posted on 03/04/2006 8:20:06 PM PST by gogoman
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To: dfwgator
Any measure of economic freedom must also factor in property rights. I don't think China would score very high in that area.

Exactly. Americans take their little house and bank account as granted (until recently). When the "economic freedom" takes their little house, and land....I hope they understand that it's all for the good of the country, or whatever developer happens to be making the big mulah at the time....

214 posted on 03/04/2006 8:20:19 PM PST by ScreamingFist (Annihilation - The result of underestimating your enemies. NRA)
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To: MNJohnnie

"Last Chance. If you continue to annoy everyone on the board with your current freak show, someone is going to ZOT you. I suggest you Freep Mail me and we will continue this man to man. What are your AFRAID of?"

Well stated.


215 posted on 03/04/2006 8:21:32 PM PST by Rembrandt (We would have won Viet Nam w/o Dim interference.)
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To: jveritas
One simple fact that destroys all the crap that you are spewing: We have the lowest unemployment rate in the industrial world. This ends the debate.

Actually, while we are doing quite well on the unemployment rate number, Japan's unemployment rate was 4.5% for the month of January 2006 (and that is actually up 0.1% from December when it was 4.4%), and the U.S. number was 4.7% for the same month (down 0.2% from 4.9% in December.)

216 posted on 03/04/2006 8:21:44 PM PST by snowsislander
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To: snowsislander

Exactly, domestic unemployment is related to domestic economic policies (unemployment and health insurance, etc) not international trade.


217 posted on 03/04/2006 8:23:34 PM PST by gogoman
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To: hedgetrimmer

"However the US government has a DUTY to protect his rights. The government created outsourcing and offshoring to redistribute US wealth around the world. In doing so it has violated the rights of American citizens by forcing INDIVIDUALS to take the financial hit for their globalist goals. That my friend is a complete corruption of our government."

While unions continue to strangle the economy and various mfrs' ability to compete, did you really expect everyone to just stand by and watch? Outsourcing is one of the main answers to the amount of bloat built into big mfg companies in the US.


218 posted on 03/04/2006 8:24:58 PM PST by Rembrandt (We would have won Viet Nam w/o Dim interference.)
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To: Rembrandt
Well stated.

Notice I'm still posting and the MNJokie is missing in action.....spam and scram=troll.

219 posted on 03/04/2006 8:26:13 PM PST by ScreamingFist (Annihilation - The result of underestimating your enemies. NRA)
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To: Shermy

Great comments....well said.


220 posted on 03/04/2006 8:27:37 PM PST by Extremely Extreme Extremist (We're Americans, we can do anything)
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