I think we are already there or if not...we are teetering on the edge...hence the huge difficulty we are seeing in reigning in unemployment. The jobs just aren't there.
Eric On Thu, Oct 7, 2010 at 3:06 PM, Robert Munn <[email protected]> wrote: > > On Thu, Oct 7, 2010 at 4:32 AM, Eric Roberts > <[email protected]> wrote: > > > > I would diagree a bit Maureen. people are all to eager to screw > themselves > > and other over by shopping at stores like Walmart. While there is a > certain > > segment of the population that will want to buy the best or a certain > niche > > product or try to make themselves appear to be hip by buying products > like > > iPhones, most people are happy getting a tracfone rather than an iPhone. > > > Industrialized states are playing arbitrage with low-wage states, > especially China and India. We're all guilty of it. The capitalist > does it by investing in a business with factories and offices > overseas, and everyone does it by purchasing the products and services > of such companies. > > If the country really cared about where goods and services are sourced > from, people would boycott companies that employ overseas labor. We > could all simply decide to stop buying anything made in China, for > instance. Are we going to? No, because we're all calculating that our > personal gain will outweigh our personal cost for buying from low-wage > states. > > What our personal calculations have failed to account for are the > systemic risks of offshoring. Do we reach a tipping point where we > move so many knowledge work and manufacturing jobs overseas that we > lose these skill sets in our population? If we go that route, we are > binding ourselves to the Chinese government, which is a bad idea, > methink > > ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Order the Adobe Coldfusion Anthology now! http://www.amazon.com/Adobe-Coldfusion-Anthology-Michael-Dinowitz/dp/1430272155/?tag=houseoffusion Archive: http://www.houseoffusion.com/groups/cf-community/message.cfm/messageid:328815 Subscription: http://www.houseoffusion.com/groups/cf-community/subscribe.cfm Unsubscribe: http://www.houseoffusion.com/groups/cf-community/unsubscribe.cfm
