Why would the CEO's what the people that buy the products they make not to have the money to buy them? Maybe they want people in third world countrys to be able to afford to buy? Is the answer to EU the united north america or maybe united americas.
Why would the CEO's what the people that buy the products they make not to have the money to buy them? Maybe they want people in third world countrys to be able to afford to buy?Not saying this is right or wrong, but the logic here is this. People won't have the job building the products, but they will have the jobs of selling them, and or also research and development, and or marketing, etc.
To use an anaolgy, I lose my job building chairs, but my new jobs is to be a salesperson who sell the chairs that are now manufactered overseas, or my new job is to design new chairs, that will be manufactered overseas, or my new job is to create a marketing plan to sell those chairs to people. I.E. you lose the manufactering end, but get the job of selling or the like.
One crucial flaw, is that many companies, may simply sell there products over the internet, so that would further reduce jobs, but as the old saying goes, "If I banned farm equipment today, we would have thousands of new jobs tomorrow".
I suppose they feel that building a world wide market by creating a middle class in more populace nations such as China will be good for their bottom line. After all one of the CEO's of Boeing statement that "Americans are not entitled to their standard of living", is a most telling comment that should be redressed by tax paying Americans stating that just because Boeing manufactures aircraft does not entitled them to tax payer funded military contracts.
It seems big money corporations think catering to an American middle class of a few million is not as financially rewarding as building a middle class in China with a population of over a billion with stolen American jobs. Our sell out government offer's us no protection via tariffs and, if they ever get around to it, it will be far too late to do any good. Those that can afford stocks seem to think this is all a great idea also, but the end will be the same, the weakening of America and the on coming war between the "free world" and China.