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To: Forgiven_Sinner
In a couple of years, the unemployment rate will be 110%. We'll be a nation of burger flippers. Who will buy these products? And so on.
2 posted on 02/19/2004 1:06:20 PM PST by Taliesan (fiction police)
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To: Taliesan
If American International companies outsource or send all their higher paying jobs overseas to low wage personnel, their profit margins momentarily increase and so does their stock pricing. Because there is a loss of jobs by people who can buy/most afford their products at their current pricing levels - that help support those corporations' current incomes, the momentum of those American losses hasn't yet caught up to them. Eventually the results will be that American workers won't be abled to afford anything but foreign imports at foreign prices. The wheel is still turning but the driveshaft is disconnected....
4 posted on 02/19/2004 1:22:36 PM PST by azhenfud ("He who is always looking up seldom finds others' lost change...")
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To: Taliesan
In a couple of years, the unemployment rate will be 110%. We'll be a nation of burger flippers. Who will buy these products? And so on.

The multi-nationals are hoping to sell their products to the growing Chinese and Indian middle classes. They ignore the fact that these countries have stiff tariffs in order to protect their industries.

14 posted on 02/19/2004 5:38:55 PM PST by Siamese Princess
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To: Taliesan
In a couple of years, the unemployment rate will be 110%. We'll be a nation of burger flippers [and blue vest wearing door greeters]. Who will buy these products? [we can't compete with workers who make 12 cents a day, outsourcing will be a detriment to national security, Dogs and cats sleeping together, the sky is falling, a]nd so on.

Nice! Sometimes - as Limbaugh would say - you have to use aburdity to illustrate the absurd.

18 posted on 02/19/2004 6:43:30 PM PST by LowCountryJoe (Shameless way to get you to view my FR homepage)
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