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To: quantim
Imagine the unemployment numbers if foreign companies decided not 'outsource' to this country because of trade barriers.

That's precisely what is happening.
Since GWB took office, Foreign Direct Investment in the U.S. has plummeted by 80%

8 posted on 10/24/2004 11:33:01 AM PDT by Willie Green (Hawkins/Tonnelson in 2004!!!)
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To: Willie Green
That's precisely what is happening. Since GWB took office, Foreign Direct Investment in the U.S. has plummeted by 80%

Willie--

How much of that is due to

a) Hype over India led by GE
b) Hype over China (1 billion customers!)
c) Foreign reluctance due to perceived risks in the US, from lawsuits against companies to another 9-11?

13 posted on 10/24/2004 11:38:01 AM PDT by grey_whiskers (The opinions are solely those of the author and are subject to change without notice.)
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To: Willie Green
I posted this on another thread:

You're wrong. Michigan has lost more jobs to other states than it has to other countries because of higher taxes and union strangleholds. Additionally, many new jobs here are from foreign companies including HI-tech, automotive industries and their suppliers, it's called job 'in sourcing.' 

The state has a robust economy that is brought down by the huge cities, and the collective pathetic city management (like Detroit) and employee unions. Thank the dems and their 'Great Society' that has really made a perpetual mess of urban areas.

To suggest that job issues here are a direct result of free trade policies is at best myopic. To be sure a few jobs could be affected but it is miniscule by comparison - but open trade brings in more factories (like the Japanese auto companies) than a protectionist mindset would produce.   

And don't forget productivity. It is way up along with technology and simply fewer people are needed in many applications.  I have considered (and still am) moving my own business to a friendlier state and taking the jobs with it, and it doesn't have a darned thing to do with free trade.

====

It is not as simplistic as you present.  The enemy is within, not external in my view.

22 posted on 10/24/2004 12:11:15 PM PDT by quantim (Victory is not relative, it is absolute.)
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