Quote:
Originally Posted by borninsac
|
Clever marketing
" A 60 year young middle- aged fitness dude" creates a political blog to draw attention to his fitness and diet book which you can buy right off the blog.
Jobs have been and will continue to disappear and be replaced by software substitution. This is not unique to the US. It's happening all over the world. No US president can do a darn thing about it.
Businesses all over the world import cheaper labor and outsource job functions to cheaper sources of labor. Guess the US Congress and a POTUS could impose an incremental tax on businesses that do so. This would likely encourage further massive investment in software substitution and pulling up stakes for greener pastures.
GE derives 60% of its profits from offshore business. Who knows? In 10 years that might be 75%. Why employ anyone in the US? Boeing's survival depends on China. Boeing can design and manufacture aircraft anywhere.