Indeependent
Diamond Member
- Nov 19, 2013
- 73,633
- 28,506
Glad to hear it! Obviously I don't know enough to comment on the specific companies involved, but I just wanted to say the reality is that we are in a global economy. The genie is not going back in the bottle. If all American companies stopped off-shoring, global competitors would stomp us. Then entire companies would struggle and go down, not just departments.
It wasn't my intention in the discussion to trivialize anyone going through it. But the bottom line reality is that when you went through it, it was terrible. But then you found greener pastures and things were better, everyone moved on. If the government gets involved and puts up barriers, it won't work, then we all end up in endless persecutory as everyone is struggling to get by and failing one by one. Free markets are always the answer. But no, that doesn't mean no pain. There will be pain in one way or another regardless of our choice. The question is not how do we prevent pain, it's how do we deal with it.
Yes, I know that one very well...
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Then why are Germany and Japan doing so well?
The fact is that if we stopped this global nonsense, your portfolio would drop just a bit and cause you some anxiety.
You have to be more specific in your point about Germany and Japan
Both Germany and Japan protect their workforce from off-shoring and business visas and their economies are quite healthy.
In fact, the wealthy elite of Japan have been attempting to do to their workforce what the US has done and the Japan have had demonstrations.
In fact, China and India do the same even though India's economy is a reflection of our since their major income is servicing a smaller and smaller US consumer market.
The talk of the US collapsing if we stopped destroying our Blue and White collar force is nonsense and is meant to protect upper level wages and bonuses.