Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: MissAmericanPie
But there's no significant economic difference between an industry using technology to reduce production costs and using cheaper labor to do the same.

"ROFLOL, this situation is just a taaaad bit different, and he knows it."

I'll say. Note the use of the weasel words "no significant economic difference". Nevermind that there is a huge difference between inventing new technology - which opens new doors, and simply replacing an American worker with a non taxpaying, civil rights lacking, foreign lacky. And this shortsighted rush to the bottom will have political consequences that will only make things worse.

This is the destruction of the Republic by the evil axis of globalist pinkopoliticians and their puppetmastermercantilists, foreign and domestic.

99 posted on 12/19/2003 7:46:37 AM PST by Jim Cane
[ Post Reply | Private Reply | To 7 | View Replies ]


To: Jim Cane
Nevermind that there is a huge difference between inventing new technology - which opens new doors, and simply replacing an American worker with a non taxpaying, civil rights lacking, foreign lacky.

It's simple ignorance of how economies actually grow that allows these two to be viewed as exclusive alternatives.

In reality, they are steps in a cycle. The American worker is replaced in order to make money. The money that is made from replacing the worker will be invested where it make the most money. The most money is made from a new technology.

The new technology is invented in order to make money. New technology always replaces American workers.

The American worker will be replaced. Without exception. The only question is whether an individual will die or retire before his job is replaced, or after.

The cycle ysed to be longer, so fewer individuals were interrupted by it in their life course, so it was easier to accept or ignore.

The cycle is quicker now (and will only get quicker, no matter what anybody does or doesn't do) and so it throws more individuals out of work before they retire. So there are more jobs lost now, more created, and the same number of lost jobs "lost" as there always were, which is zero.

The only real choices for an economy are:

1. do you want the cycle of displaced workers to be slow or fast?

2. What kind, if any, relief for individuals who lose jobs can you afford or are willing to offer?

103 posted on 12/19/2003 8:07:56 AM PST by Taliesan
[ Post Reply | Private Reply | To 99 | View Replies ]

To: Jim Cane
Your wrong, there is no economic difference between new machines and cheap forign labor, they both "replace [domestic] workers", they both "open doors" and allow us to increase overall welfare, and they both do not pay domestic taxes. And, as to your remaining point, machines don't have civil rights, so if the foreigners don't either, that would not create a "difference".
105 posted on 12/19/2003 8:15:53 AM PST by On the Road to Serfdom
[ Post Reply | Private Reply | To 99 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson