Originally posted by: Perknose
Originally posted by: Patranus
If the GOVERNMENT would get out of the way and let free markets dictate wages, companies wouldn't need to out source to stay competitive in the first place.
That's one of the dumbest, most ridiculously wrong statements I've ever seen in print here.
It's exactly the big corporate players in your so-called "free market" that are dictating rampant out-sourcing!
DAMN, yer dumb! :roll:
I've seen lots of derision to this post but little argument.
Actually, I think it's pretty close to the truth. Minimum wage makes labor more expensive here. Common sense dictates that a company is going to look for the lowest prices it can find for the same labor. Allowing wages to change with the market might not solve the entire problem, but it's one of the underlying issues. If wage laws were repealed, I'd bet there'd be a long process of correction in which wages would hurt, but long term it'd mean more jobs in the US/less outsourcing.
That's my very basic prediction.
Edit: IT jobs, not usually being subject to minimum wage limits, probably don't apply here. i'm talking mostly about the jobs which are typically outsourced, like manufacturing and stuff.