Comments on: Do I Have My Job Today?

By: lypo-spheric vitamin c

lypo-spheric vitamin c — Sat, 15 Aug 2009 14:55:45 +0000

this is globalization, it makes everybody even/same. sooner or later american has to accept that if they want their job they have receive pay as low as what an indian has. OR american will loose more jobs to others..
or , if one wants to enjoy higher pay than others, one has to have a special skill that others do not have.

sad to say, but i think it will happen soon..

By: dLook

dLook — Sat, 15 Aug 2009 10:03:12 +0000

Whilst I agree with your story and James’s comments (I do like that WC quote) I have to add that sooner or later US consumers have to realise that everytime they buy from a business who outsources they are contributing to their own future unemployment.
In Australia we have a “Made In Australia” campaign which encourages people to buy Australian Made and help secure their own future.
This campaign is now in its 20th year and is only just starting to gain some traction.
I believe the issue of outsourcing to other countries can only be solved by consumers. Unfortunately most consumers think with their wallets instead of their brains.

By: James

James — Thu, 13 Aug 2009 18:24:24 +0000

Dead on with this post!

Unfortunately, however, we can’t compete with foreign labor at .25 cents an hour, or .25 cents a day.

The bottom line is the bottom line, and that is, wages & salaries dictate, more than anything, the cost of production (not that we produce anything anymore). If cost of production is higher, as is the case in the US, than we can not sell a good or service as cheaply as, say, Mexico, China, India, and the list goes on.

Also, when you have a tax and spend form of government, as we currently now do, than there is a point to where it becomes The Law of Diminishing Returns. As has become the case in the US.

As Winston Churchill so eloquently stated:”For a nation to try to tax itself into prosperity, is like a man standing in a bucket trying to lift himself up by the handle.”

Unfortunately, we all are in this bucket we call the US Economy, and there is no one left to lift the handle.

Very shortly, there will be no one left to pay the taxes.

“The times, they are a changin…” – Bob Dylan