To: StolarStorm
True, that is a large part of it. But just on employee costs, American workers are at a disadvantage (Social Security et al). Something is needed to give some balance to the equation. Hire an American at $60 (wages and benifits included) or go to India at $20. Business will naturally gravitate to the cheaper cost, unless there is an incentive to do otherwise....:)
16 posted on
07/16/2003 11:04:10 AM PDT by
DonaldC
To: DonaldC
The incentive might be that the Indians won't be buying their goods and the americans here out of work won't be either. They company will drive down their costs but with no one buying, they will drive themselves out of business also. Did anyone here ever figure out why Henry Ford paid his people at least 5 dollars a day? So they could buy a car that he was building when the rest of the world was getting paid 2 dollars a day. Henry was smart for the long haul, today's business leaders have stuff for brains. The WWII generation spent many a year building the business and strength of this country and the hippie generation has taken the last 20 years to rape and pillage what the WWII generation built because they are too stupid and lazy to build anything for themselves.
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