offsourcing is NOT bad for America

[DaWhim]

from Foreign Affaris

 

[Drift3r]

Originally posted by: DaWhim
from Foreign Affaris

Then don't worry when someone out-sources your job.

 

[DaWhim]

Originally posted by: Drift3r

Originally posted by: DaWhim
from Foreign Affaris

Then don't worry when someone out-sources your job.

I am wondering how short-sight you are?

Protectionism would not solve the U.S. economy's employment problems, although it would succeed in providing massive subsidies to well-organized interest groups. In open markets, greater competition spurs the reallocation of labor and capital to more profitable sectors of the economy. The benefits of such free trade -- to both consumers and producers -- are significant. Cushioning this process for displaced workers makes sense. Resorting to protectionism to halt the process, however, is a recipe for decline. An open economy leads to concentrated costs (and diffuse benefits) in the short term and significant benefits in the long term. Protectionism generates pain in both the short term and the long term.

read the article before you reply, i am quoting this from the very beginning.

 

[dmcowen674]

Originally posted by: DaWhim

Originally posted by: Drift3r

Originally posted by: DaWhim
from Foreign Affaris

Then don't worry when someone out-sources your job.

I am wondering how short-sight you are?

Protectionism would not solve the U.S. economy's employment problems, although it would succeed in providing massive subsidies to well-organized interest groups. In open markets, greater competition spurs the reallocation of labor and capital to more profitable sectors of the economy. The benefits of such free trade -- to both consumers and producers -- are significant. Cushioning this process for displaced workers makes sense. Resorting to protectionism to halt the process, however, is a recipe for decline. An open economy leads to concentrated costs (and diffuse benefits) in the short term and significant benefits in the long term. Protectionism generates pain in both the short term and the long term.

read the article before you reply, i am quoting this from the very beginning.

"although it would succeed in providing massive subsidies to well-organized interest groups."

So what interest Group are you a part of and benefit from the Outsourcing???

 

[chess9]

"And U.S. labor can be reallocated to more competitive, better-paying jobs; for example, although 70,000 computer programmers lost their jobs between 1999 and 2003, more than 115,000 computer software engineers found higher-paying jobs during that same period. "

I find the word "can" in that sentence to be the worm in the wiggle. If he had said "will" he might have said SOMETHING. Instead, he chose to say NOTHING. And that's what so many economists have been saying for quite some time now, NOTHING. They claim we will not experience any significant downside while playing up their SUPERMAN THEORY-competitive advantage. I'm not willing to bet America's future on these guys. Are you?

Furthermore, he only addresses one of the issues raised by Lou Dobbs and ignores all the others. No mention of FAIR TRADE, just free trade.

Finally, listening to economists is like listening to the Chamber of Commerce Glee Club. They sing one song REALLY well. Economists are by nature pro business and very conservative (although within their ranks they claim to have moderate and liberal wings).

Don't listen to an economist if you are interested in HUMAN VALUES. They want to make you a number....

-Robert

 

[sMiLeYz]

offsourcing is NOT bad for America companies, CEOs, special interests and politicians

fixed your title...