To: jpsb
Uhg. Seems like class-warfare crap.
My spin:
The middle class is being eaten from below as they compete with the lower classes for goods and services paid for by Uncle Sucker.
And since they're paying the taxes to do this, they're just in a race against themselves.
As far as the loss of manufacturing goes, the lower-wage theory is mostly crap. It's very expensive to move resources and products 10,000 miles across the ocean and that negates many wage differences.
No. Manufacturing is being lost because American workers are simply too much trouble.
Workers overseas are willing and often just as able as American workers.
Oh, and they don't destroy your business through organized labor gouging. GM is learning that lesson.
19 posted on
05/16/2006 9:25:03 AM PDT by
mc6809e
To: mc6809e
Manufacturing is being lost because American workers are simply too much trouble. Workers overseas are willing Workers overseas are cheaper because their cost (and standard) of living is lower. This difference was compensated by the tariffs until the "free" trade craze became the dogma.
36 posted on
05/16/2006 9:41:03 AM PDT by
A. Pole
(GWB believes that "guest worker" program will satisfy economy needs for cheap and plentiful labour.)
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