Musicmystery
Posts: 30259
Joined: 3/14/2005 Status: offline
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quote:
ORIGINAL: DaddySatyr Actually, to some extent, out-sourcing is the responsibility of the president. It's the free-trade treaties that make other countries a better place for producers to manufacture their goods. It is cheaper for ... GE to make a TV in China or India or wherever and export them back here. This wasn't always the case back when there were tarrifs on imported goods. It's one of the reasons Honda started making cars in the US because, at the time, they could actually increase their profit margin. With all the free-trade treaties, American workers are truly being priced out of the market because even if we were willing to work as cheaply as they do in other some countries, there wouldn't be enough hours in a day to work enough to make enough to afford our cost of living. Put plainly: Out-sourcing is a direct result of free-trade. Free-trade is a treaty, requiring the signature of the president and the approval of congress (of the president's signature to it) Peace and comfort, Michael Michael, I've trotted out the evidence in this forum multiple times. People don't want to hear it. But protectionism doesn't work. You'll have higher prices, fewer goods, lower GDP, fewer jobs, lower wages. Yes, free trade brings its problems. But the net benefit is substantial, and history shows this over and over.
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