The Myth of "Exporting Jobs"

Ludwig von Mises Institute ^ | June 27, 2003 | William L. Anderson

[Willie Green]

Accountants don't create wealth.
They merely engage in wealth transference.

[ffusco]

Opportunity cost, time saved vs. doing it yourself.

[Willie Green]

Really? Please explain why the USA standard of living is higher today then oh say 30 years ago or 20 or even 10!

Look at the accumulation of Debt over the same time frame.
It's gonna be a sad day when the bubble bursts.

[Willie Green]

Wealth transference, not creation.

[Mad Dawgg]

"Service is an activity that produces wealth in the form of time saved, by the consumer of those services not having to do that service on his own- time = money."

You must realize Willie is a devout Keynesian, he shuns the teachings of Smith due to the Wealth of Nations alleged suppression of the downtrodden proletariat!

[Mad Dawgg]

"Look at the accumulation of Debt over the same time frame.

It's gonna be a sad day when the bubble bursts."

So now instead of a higher standard of living argument we switch to Debt Load and some how corporations moving offshore is responsible for people charging to much on their Master Cards?

Willie you should run for Congress on the Democrat ticket...

You got dodge and spin all sewed up!

[Sonny M]

Of course. These are the Poster Children of Diversity and of the Global Economy.

Tell that to the supreme court, them, like other asians, are also victimized by affirmative action. I guess when it comes to diversity, it only goes as far as being black or spanish.

Sadly, being indian or oriental almost guarantees you that the college will automatically hold you to a higher standard then any other race....and you may still be denied. Citizen or not.

[Willie Green]

So now instead of a higher standard of living argument we switch to Debt Load and some how corporations moving offshore is responsible for people charging to much on their Master Cards?

That and the outrageous National Debt accumulated by federal Deficit Spending. Gotta pay the Debt somehow, higher wages, taxes, etc. etc. Corporations don't want to do that, they merely view the American Middle Class as a market to plunder. Charge as high a price as the market will bear (even if its financed by debt) and knock the employees down to the lowest wages possible. The myopic idiots forget that the consumers need well-paying jobs to actually pay that debt. Henry Ford was a helluva lot smarter than any of today's globalist morons.

There is one rule for the industrialist and that is: Make the best quality of goods possible at the lowest cost possible, paying the highest wages possible.

-- Henry Ford

[palmer]

forty minute drive to boston, twenty to Providence

Right in the middle of the area with a huge increase in housing prices in the past few years. If you own one you should seriously consider cashing in and moving somewhere cheaper where there are more jobs.

[lelio]

I propose using the same proposal for people buying stuff from their supermarket. I never seem to get a straight answer.
Your analogy breaks down when comparing trade with a supermarket to that of a communist country like China. They'll gladly take on debt if it means they can screw us in the end.
Eventually their financial house of cards might fail, but what happens in the meanwhile? Millions of formally working Americans are out of work.

[RussianConservative]

Russian economy growing quickly, need entraupaneurs...you have many skills...who knows. Cost of living up 6%, income up 14% this year.

[Poohbah]

Your analogy breaks down when comparing trade with a supermarket to that of a communist country like China.

Explain, in detail, how it is different.

[lelio]

Its different as who knows what the dollars your sending over to China is supporting. More tanks for the communist regime? Another palace for a ruling dictator? A nuclear weapons program?

[ex-snook]

"Your analogy breaks down when comparing trade with a supermarket to that of a communist country like China. "

The analogy also fails to account for - where does the guy get the money to pay the supermarket when his job is now being done in China. Want fries with that, is a limited option.

[LibertyAndJusticeForAll]

Please send your career history and voting record to these people, they need to understand what they are doing to Americans:

president@whitehouse.gov
vice.president@whitehouse.gov

This is the e-mail to OUR U.S. Trade Representative, Robert Zoellick who keeps reassuring India that they will continue to have even more jobs previously done by American citizens:
contactustr@ustr.gov

You should know that India has a 43-48% adult illiteracy rate out of 1 billion people. They are an almost unlimited labor pool of cheap labor.
You should know that our government uses our tax $$ as foreign aid to underwrite the business risks for doing business in 3rd world countries. In essence, our tax $$ makes it possible for our government to enable corporations to outsource jobs from underneath us. Search "OPIC" in freerepublic for these threads, links and articles.
You should know that now there are U.S. Senators who want to outsource DoD projects.
http://www.nationalreview.com/comment/comment-hawkins062503.asp
Also by William R. Hawkins:
http://www.tradealert.org/view_art.asp?Prod_ID=803

Paul Craig Roberts has many more good articles than just the one poorly attacked in this article, here are 2:
http://www.townhall.com/columnists/paulcraigroberts/pcr20030226.shtml
http://www.townhall.com/columnists/paulcraigroberts/pcr20030313.shtml

And Steve Farrell:
http://www.newsmax.com/commentarchive.shtml?a=2000/4/11/095631
http://www.newsmax.com/commentarchive.shtml?a=2000/3/13/083321

And Phyllis Schlafly:
http://www.townhall.com/columnists/phyllisschlafly/ps20030602.shtml
http://www.townhall.com/columnists/phyllisschlafly/ps20030610.shtml

I know you don't have much time for research, with 3 part-time jobs.

[PayNoAttentionManBehindCurtain]

In the best of times, 4 out of 5 business starts go broke.

If your talking retail, you're right.

Since I already am broke,but have little to no debt, I'm ahead of eighty percent of business starts.

You seem to be willing to do anything to make it, may I suggest a "nitch" business that you can start for less than $5000 and make up to $50,000 your first year? I've been doing it for 15 years. :)

BigMack

[taxed2death]

....the really sad part is the dumb-ass Bush is still letting people come in from off-shore on H1-B and L1 visas and take the job you should get next week. Once again, big government screwing Americans.

[taxed2death]

....the really sad part is the dumb-ass Bush is still letting people come in from off-shore on H1-B and L1 visas and take the job you should get next week. Once again, big government screwing Americans.

[RipSawyer]

"X number of prisoners require Y number of guards and other employees. Probably about the same whether the prisons are run by corporations or government. If anything, one would expect the corporation to operate more efficiently with fewer employees and therefore fewer jobs."

This is true but our government is busy inventing new "crimes" which will necessitate more prisons thereby "creating new jobs". In the future we are all "criminals" but some of us are lucky enough not to have been caught yet.

[taxed2death]

As a small business owner, I have big gubmint so far up my a$$ between OSHA, DEP, state sales tax, state income tax, Fed income tax, City personal property taxes (which Im fighting now), unemployment taxes etc, social security that my damned head is spinning. Uncle Sham is a monkey and he's on my backside humpin' away.

....the grass is always greener...