DesideriScuri -> RE: A Tale of Two Tags (10/30/2012 7:01:18 AM)
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ORIGINAL: mnottertail quote:
ORIGINAL: LookieNoNookie quote:
ORIGINAL: FMRFGOPGAL What's that they say about a picture being worth a thousand words? Says to me that the Romney camp believes in cost effectiveness. So, I think that is the issue, is it really cost effective for America to ship work overseas. We know what vision Willard and the republicans have, and it seems to be the largest redistribution of wealth in the history of the world. Why else would a company ship work overseas? I used to be more supportive of import duties and tariffs. As it turns out, a very close friend of mine had a discussion about it. As he's been around the world, literally, for his job, he's seen the results of outsourcing. Initially, we outsource to a country, where we're paying a better rate for them, and a better rate for our bottom line. As their living standards improve, so does the cost of employing them. Then, business finds the next place to outsource. Right now, a huge one is China. India is also gaining jobs. What happens when China's or India's labor pool rises in employment cost, or logistic costs rise, to the point where outsourcing to there isn't worthwhile? Jobs will be shifted to other areas, or back home.
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