Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: 1rudeboy
Look, we live in a market driven/profit driven country. CEOs are pressed to show gains to stckholders. If they can outsource to a foreign country and reduce expenses, they are obligated to do so because their legal obligation is to the shareholders.

Don't get me wrong -- I think losing our manufacturing base is not good for the country as a whole. But we need to face facts -- just as the steel industry went overseas, so will other manufacruing jobs. It's jsut like water seeking its lowest point -- it will flow where there is the least resistance.

8 posted on 01/09/2004 6:16:35 AM PST by CWW (Dean has a maniacal smile because he is secretly wearing ladies underwear!!)
[ Post Reply | Private Reply | To 6 | View Replies ]


To: CWW
Maybe you missed my point. If one has 7 jobs that can be done by 5 because of rising productivity, then one cannot simultaneously claim that the 2 displaced jobs were "shipped overseas."
10 posted on 01/09/2004 6:20:58 AM PST by 1rudeboy
[ Post Reply | Private Reply | To 8 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson