J
JustROLLIN
Guest
This reminds me of how consumers think it is good that everything we buy is made in China. "They pay the Chinese low wages, we get our cheap products. We win!" Yeah but if you have no job to buy the Chinese made goods, what use is it to you in the end?
That has been going on for how long now, and whos economy is consuming ours? Chinas. Because they are getting OUR money by selling us their goods and they are taking our jobs along with our money.
If your "individuals" do not have a source of income, they cannot buy US goods and services to help the US economy. Outsourcing and buying too many foreign goods, no matter how cheap it is for the US consumer, is bad for our economy. The rich white men don't care as long as their corporations are making more profits. Its win win for the companies, not American citizens.
Have you seen the unemployment rate lately? While the UR is not a perfect figure, by any means, it does give us a nice indicator as to where one major component of our economy stands. Last time I checked, we were right on point, about 5-6% unemployment. So, if we were really hurting due to these outsourced jobs, we would have a fluctuation in that rate, among other indicators.
I think Jay hit on a solid point though. The fact that companies who value the US worker will pay a premium for that labor. While I would imagine its a declining number, not too sure though, there are many companies willing to invest into the US worker and build their new factories here.