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To: aynrandfreak
Cheap foreign labor is the best check we have on excessive union demands.

Is that the Libertarian/Corporate spin these days? Cheap labor is a short-term profit strategy. When the American consumer's market power is eviscerated, the multinationals will move elsewhere - faster than now.

10 posted on 07/23/2003 10:55:12 AM PDT by Shermy
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To: Shermy
Why shouldn't capital move to cheap labor when cheap labor will do? I'd rather have our workers working with computers than sewing machines. Does that make sense intuitively?

I don't know what you mean by American comsumers' market power "eviscerat[ing]." How would that happen?
13 posted on 07/23/2003 2:17:19 PM PDT by jayhd
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