Bank America paid back their TARP they were forced to take- with interest
They are free to do business in the most economical way they can, to benefit their stockholders and customers
There may be fewer BoA bank clerks in the US but there will be more customer and stockholder wealth to spread into other opportunities
Capitalism is a grand thing - if we stop letting obamite liberals poison us to it
Sure, we should have let them fail. We didn't.
“where the average family makes $4,700 a year”
The customers and stockholders are increasingly foreigners as well; the American customers get threatened with $5 MAC card fees to further impoverish them.
Anyone who thought outsourcing to Third World countries would help the US in the long run is delusional. At least the call centers are closer to where B of A will actually have customers (Red China), while Americans are scrounging for wheat pennies and such to buy groceries.
We have built Asia while destroying ourselves.
They are free to do business in the most economical way they can, to benefit their stockholders and customers
There may be fewer BoA bank clerks in the US but there will be more customer and stockholder wealth to spread into other opportunities
Capitalism is a grand thing - if we stop letting obamite liberals poison us to it
I agree with what you’ve said. But if the high paying jobs all leave the U.S. then there will not be the money here to buy these companies products. You could say that would be an example of poor long-range business planning.
In the end it leaves a much poorer world economy. You can’t bring everyone up to a high standard of living by knocking down the ones that already are there.