What DOES Boehner want to do about China's currency?

[hal2kilo]

What you mean the same ones that are being out-sourced right and left? Computer design: outsourced to Japan/China/Taiwan/Germany. Computer support: outsourced to India/Ireland. Software development: outsourced to India/Ireland/New Zealand. About the only jobs not being outsourced are CEO's, because they are the ones outsourcing the jobs.... I sure as hell bet there are plenty of qualified people in India or China who would have no problem getting paid 1/200th what current CEO's receive and do the same job, and probably better (at least China is looking 10-20 years ahead which is what we should be doing, but instead we are not even looking past the next quarter!).

Hey now there's an idea. Outsouce CEO's.

 

[Infohawk]

The problem is US is losing these comparative advantage because of lack in planning, lack in focus on technical/professional education and training, lack of leaders with vision and too many people with entitlement mentality thinking good thing should happen to them because they are American.

LOL. You love to talk about how the US has lost its advantage because of education and lack of planning as if the Chinese are now leaders because they're smart and wise. No, the Chinese are doing well now because their wages are lower than in the first world and they have a large potential market. Those are the only reasons. You keep pushing a race to the bottom but Americans aren't interested in that (well some Republicans are). America did just fine while China was stuck 800 years in the past technologically. Anyway you're a broken record so I'm going to ignore you unless you have any new points.

 

[werepossum]

Hey now there's an idea. Outsouce CEO's.

That's pretty much what happens. First the manufacturing is outsourced. Soon the design engineers are unable to design a top-notch product and their screw-ups cost the manufacturer money, so the design gets outsourced. Then the support gets outsourced, because it's cheaper but also because the support people don't speak the language of the engineers and there's no longer anyone at the home company that understands the product. Eventually there're only management, accounting, and sales/marketing left at the home company, and their departments (not to mention salaries at bonuses at higher levels) have become bloated due to the extra profit coming in. Then the manufacturing company, who now has not only the people who know how to build it but also the people who know how to design it, launches its own competing product, typically a better product at much better prices. Soon the home company either folds or sells off its failing division - and thus, the CXOs have been outsourced.