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Do you also apply that thinking to individual states? Let's say people in Kentucky can be hired more cheaply than New Yorkers...would the New Yorkers be better off producing everything for themselves?
I think some New York workers may benefit from that, but the consumers as a whole will pay more, so it becomes a net loss.
" Be hired" exactly where? In Kentucky? Or can you imagine the situation where those arriving in New York will be told "nope, since you are from Kentucky, your pay will be lower than that of the New Yorkers?"
I hope not, so let's stick to the first version.
Then when they are paid lower, then the prices in Kentucky will be lower too.
And when the business owners will be deciding WHERE exactly to open their manufacturing business in the country, they will be taking all these factors in consideration.
As long as it's still ONE country.
" Be hired" exactly where? In Kentucky? Or can you imagine the situation where those arriving in New York will be told "nope, since you are from Kentucky, your pay will be lower than that of the New Yorkers?"
I hope not, so let's stick to the first version.
Then when they are paid lower, then the prices in Kentucky will be lower too.
And when the business owners will be deciding WHERE exactly to open their manufacturing business in the country, they will be taking all these factors in consideration.
As long as it's still ONE country.
What I’m getting at is that products being made cheaply in other countries and consumed by Americans is a benefit to Americans. It may be worse for American workers in that specific industry, but not for the majority of the country.
The protectionist argument is that outsourcing jobs to foreign workers is bad for the U.S., but I’m saying it’s only bad for the people who want those specific jobs. It’s good for everyone else, because their costs go down.
What I’m getting at is that products being made cheaply in other countries and consumed by Americans is a benefit to Americans. It may be worse for American workers in that specific industry, but not for the majority of the country.
The protectionist argument is that outsourcing jobs to foreign workers is bad for the U.S., but I’m saying it’s only bad for the people who want those specific jobs. It’s good for everyone else, because their costs go down.
The jobs are not being outsourced though to make consumer goods cheaper.
I have never met a business owner in my life time that started a business with the intent to make products cheap for consumers.
They charge whatever they can get away with.
If the intent was to make costs cheaper for Americans, we would have the cheapest health care system on the planet. Since preserving life is in high demand, they are able to charge sky high prices.
What I’m getting at is that products being made cheaply in other countries and consumed by Americans is a benefit to Americans. It may be worse for American workers in that specific industry, but not for the majority of the country.
The protectionist argument is that outsourcing jobs to foreign workers is bad for the U.S., but I’m saying it’s only bad for the people who want those specific jobs. It’s good for everyone else, because their costs go down.
Which is like what? Half of the country?
No, those "cheap prices" come very pricey at the end.
When the whole country ends up with the "Wal-Mart economy."
The jobs are not being outsourced though to make consumer goods cheaper. I have never met a business owner in my life time that started a business with the intent to make products cheap for consumers.
They charge whatever they can get away with.
If the intent was to make costs cheaper for Americans, we would have the cheapest health care system on the planet. Since preserving life is in high demand, they are able to charge sky high prices.
That's correct, and that's when people buy less goods, but of better quality, so less junk floats around.
A high school education is no longer sufficient to provide a worker a job good enough to escape poverty.
Total BS!
I have no degrees and I'm in the upper 10%. I know a lot of people who are doing better than I am with no degrees! On the other hand, I can walk into any Starbucks an order some overpriced crap from someone with a B.A. or Masters in some foo foo BS art or social made-up study!
Bill Gates is at the 1% and he has no degree....unless you count honorary degrees bestowed upon him after gaining multi-billionare status!
There's another train of thought that says this gap doesn't have to be closed.
One of the reasons America is so productive is because of the difference between the rich and poor. iT shows that harder work and more ingenuity results in larger rewards than in other countries. In the UK, for example, yes a doctor or engineer might live a good life, but the life for a bus driver isn't too bad either, so why work hard to be a doctor or engineer? Why start more businesses and expand your operations??
I came from a poor LEGAL immigrant family and now make a six figure income. And I feel I've earned my current position in society. And no, illegals and people in the ghetto do NOT deserve free money from me.
There's another train of thought that says this gap doesn't have to be closed.
One of the reasons America is so productive is because of the difference between the rich and poor. iT shows that harder work and more ingenuity results in larger rewards than in other countries. In the UK, for example, yes a doctor or engineer might live a good life, but the life for a bus driver isn't too bad either, so why work hard to be a doctor or engineer? Why start more businesses and expand your operations??
I came from a poor LEGAL immigrant family and now make a six figure income. And I feel I've earned my current position in society. And no, illegals and people in the ghetto do NOT deserve free money from me.
So...uhmm... you mean any bus driver can become a doctor, if he just "works harder"?
You don't. Differences between people are natural and expected and trying to engineer them out of existence is foolish and pointless.
Not to mention completely ineffective!
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