[looscnnn]

If we allow companies to keep moving jobs overseas, the economy will become irrelevant. There will be few domestic jobs left for lots of unemployed people. You know how the laws of supply & demand work. If the supply of workers is more than the demand, then the wages will drop to minimal wage. I do not condone what some unions have done to drive wages up and chase jobs away, but we need to keep the jobs here.

If the standard of living tanks here (we become a third world country) to the levels equivalent to China, etc., what makes you think that the jobs will come back? We would have to go way below theirs to give the companies reason to spend money to move jobs back. During the time it takes to do that, no one will be able to afford anything. We will be living like the Russians during the time Communists controlled the USSR, waiting in line for bread, etc. Of course, that could be the goal of some people that are for what is going on.

[kabar]

You are correct about what "free trade" is doing to Ameirca. We are separating the economy from the stock market. Multinational companies will continue to move the means of production to places that offer them the cheapest labor and other incentives. At one time, industries like textiles could move to the South from the North and some workers had the option to follow. Today, workers don't have that option to move to another country. Some theorize that the only way you can get an equivalent situation today is to have a global government, which eliminates nation states and international borders.

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