Not sure when the Silicon people will gather their pitchforks...but you will probably see that in other parts of America first.
Good to see the Euros finally waking up to the failed Globalist economic system....they have been under this for 50 years now (with the EEC and EU).
The treaties were bad...and limited true free enterprise
BOOMP
They can't say we didn't try warm them.
“Now, when will the US laid off workers in Silicon Valley pick up their pitchforks and lighted torches and storm the offices of Oracle, Hewlitt-Packard, Microsoft, Google, and Yahoo?”
It will be the lower-class/less-educated workers who are likely to riot rather than college-educated and/or middle-class workers. Regardless, this is a bad situation and with Marxists in control, this could get worse.
Everyone should take the time to read.
BTT
Did not happen as the left has taken over the EU and many of the Nations in the EU just as the Communist wanted and the Nazi also both are left wing.
Sorry but I really like to visit but it is getting harder as the freedom on the individual keeps sinking as it is in our own country.
Can somebody explain what this is all about? Not much concrete info. The article deplores protectionism, as it should, but doesn’t explain what argument it is making in terms of concrete policy and not just goals or ideals or vague cultural googams.
And the economics of free trade for goods and free trade for labor are pretty much the same. People shouldn’t complain about jobs being sent overseas or foreign workers taking jobs in their country (provided the foreign workers are there legally), since it is in everybody’s general interest for labor to be divided up in the most efficient way. This division of labor is the most fundamental aspect of economic growth. The only problem is that in the short run it can work against certain special interests, i.e. those American workers whose jobs were replaced.
But economically this is an illusion created by national borders, no different than if a factory in Michigan is closed and reopened in Kentucky for labor cost reasons. Yes, those Michigan workers are out of a job temporarily, but they are now freed up for a more valuable use (provided the government allows the economy, with its profits AND losses, to function, rather than try to artificially shore up losses everywhere).
Not to mention that there is a difference between lower labor costs PER UNIT OF TIME and lower labor costs PER UNIT OF OUTPUT. If the latter is lower, as it often is in wealthy, developed nations where the workforce is better educated, better at using the newest equipment, more experienced in managing businesses, etc., then you would expect capital-intensive jobs to stay here while more labor-intensive jobs to go abroad. Surprise, surprise, that’s what happens when we open up to free trade, and both our economy and the economy of poorer nations IMPROVE as a result.
Check the reading list in my profile for more information. :-) Especially Sowell’s “Basic Economics.”
bttt