Quote:
Originally Posted by Majin
Conservatives: What are the reason why so many jobs are shipped overseas? I want the hard right conservative opinion on this issue.
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It's called karma.
As I recall, Kennedy and the Democrat-controlled House and Senate repeatedly attempted to murder Fidel Castro in cold blood for the heinous crime of insisting that US corporations pay taxes owed and that National Sugar pay Cuban sugar cane workers the same wages National Sugar paid its Honduran, Guatemalan and Nicaraguan sugar cane workers, which was a whopping....
$0.90 per day for a 10-hour day (and no over-time).
Apparently, National Sugar thought that $0.30 per day for a 10-hour day was justified for its Cuban work-force (those who worked in the fields cutting the cane), even though National Sugar paid its Cuban sugar cane plant/processing workers $4.50 per day, the same rate as its Honduran, Guatemalan and Nicaraguan workers who worked in the processing plants there.
The real question isn't why so many jobs are shipped overseas, rather the real question is how could the United States possibly lord over 3 countries for 150 years, repeatedly over-throwing their democratically elected governments (Honduras recently for the 14th time had its government illegally over-thrown by the US), murdering their heads of state in cold blood for such satanic crimes as wanting to tax US corporations doing business there, imprisoning, torturing and executing people without trial, and yet the people of those countries still do not have running water, sewage, electricity or roads?
If you have the guts to answer that question, then you can also answer other questions, like why after 60 years of US lording over Iran and attempting to murder its prime minister 3 times in cold blood for the heinous of crime of wanting to nationalize the oil industry, is the Iranian Plateau not developed?
Oddly, British Petroleum, one of the partners of the Anglo-Iranian Oil Company was nationalized by the British Government and so it seems to make sense to nationalize the Iranian Oil Company, right?
Perhaps I'm missing something. Maybe the heinous crime here was not Prime Minister Massadeq's desire to nationalize the oil company, rather it was Nationalizing While Non-White, or Nationalizing While Non-Christian.
Apparently the Great Christian Democratic Nation was too busy assassinating heads of state or imprisoning and torturing the general public to engage in nation-building and democracy-building.
Because if the US had engaged in nation-building, then those countries would have been in a position to compete against the US decades and decades ago, and in doing so, US workers would never have been able to be in a position where their wages are 125 times greater than the rest of the workers in the world.
Many of the countries the US oppressed are now being developed by BRIC at breakneck speed, and simultaneously, rather than piece-meal.
The first thing BRIC does is what the US never did; what the US absolutely refused to do; and what the US still refuses to do; and that is invest in the country and start building the basic infrastructure.
BRIC starts with roads, then lays water, sewage, natural gas and electric power, then proceeds to rail lines and power plants. And the roads and rail lines lead to and from sources of labor or resources and ports for exporting.
And that creates the opportunity for jobs and for a better life-style and standard of living for those people.
Because US wages are 125x times higher, there is no way the US can possibly compete, and there is nothing the US can do about it.
You're just going to have to sit there and take it for the next 50-60 years until their wages rise sufficiently while yours continually declines and an equilibrium point is reached.
And because the wage difference between BRIC and the developing countries is not so great,
BRIC will never go through what you have been going through and will continue to go through over the next several decades.
Your global work-force is done; put a fork in it and get over it already.
Your $49 widgets cannot compete in the global market against mine and everyone else's $29 widgets. The only thing that will happen is we will gain total market share, deny you any market share, and then you will go out of business.
Enact tariffs if you want. It won't matter, because it doesn't alter the fact that you cannot compete globally.
A lot of really stupid ignorant people are complaining that companies are hoarding cash. There's even a thread on it here.
Why would you hoard cash? Lots of reasons. Let's look at history, specifically at KRK's attempt of a hostile take-over of Krogers.
What happened?
Krogers had historically always sat on a large pile of cash and maintained high cash ratios. Krogers took some of that cash, paid down their debts, restructured their loans to lower the payments, made some great financial decisions using the cash, and then their stock sky-rocketed.
Poor KRK was left sucking pond-water through their anal orifice.
You can enact all the silly protective tariffs and taxes and rules and regulations to keep your companies from off-shoring jobs, but you can't protect your corporations from hostile take-overs or leveraged buyouts.
The profits I and others make in the global markets will dwarf your corporations and we'll just buy them up and shut them down and put your workers out in the streets to live.
Unless they happen to be sitting on a huge pile of cash and they can fight off a take-over attempt. But then, how long and how many can they fight off? And how long can they keep their cash before taxes or Obamacare drains them?
No matter what you do, the end result is the same, you lose jobs and can never get them back, at least not in your life-times.
Off-shoring is in reality the only thing saving what little global work-force you have left.
If I off-shore, then I can use those revenues to keep the doors of my US plants open, at least for a little while longer. Yeah, that's right your jobs here in the US are subsidized by your off-shored jobs.
About 20 years from now, your history books will be very critical of your failed foreign policy from the period 1896 to the present.
And the sad thing is that your government didn't do that for you, rather your government did it for the 60-odd Olde Tyme Big Power Money Families
that really run your country. They threw you a few bones, but you gnawed them down to nothing, and that's all you have left.
And the memories of glory.
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