So agriculture welcomes migrant workers who can work below minimum wage and not complain about it, and major corporations love outsourcing to countries where the currency is much less than the US dollar. So how does this affect the US economy exactly?
Obviously there is less employment, BUT it's also less shitty employment for the middle class. It's like having a bunch of bums do all your work for you, when you wouldn't do their jobs anyway.
Second, supply goes up and more goods are produced or manufactured. The downside is there may be more supply than demand, so prices lower, making everything cheaper but harder for companies to make a profit (this happened with early tobacco plantations as prices went too low and couldn't sustain a living for southern farmers).
So the largest effect would be on small and medium businesses who can't get ahead because of low prices, which means less jobs for the middle class due to employers not making enough to sustain business.
Anything else I overlooked?
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Anonymous2006-03-28 17:26
>>1
You posted the "Stop the Jew hatred" thread, suck my cock.
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Anonymous2006-03-28 17:28
From what someone explained to me, taking cheap labour over to foriegn companys forces the western society to become more specialized. More people nowdays have degrees in specific fields, etc.
>BUT it's also less shitty employment for the middle class
the middle class has 2 choices: retail or restraunt unless they have 6 years of college they cant afford, and chances are after they earn that high tech degree the job its ment for has already been shipped over seas. Everyone cant be a whip cracking ceo of a major corporation.
Some people are more suited for manual labor, and it's an honest profession. Much more honest then working at best buy for the rest of your life. Eventually this system is going to collapse under it self, as companies transfer their jobs to even cheaper labor, leaving behind markets that cant afford their shit no matter how cheap it is because they don't have a job.
>>3
which are quickly becoming obsolete. If they ever get that computerized medical system up and running (where you get advice from oversea's) even that field will be fucked. America will be divided into 3 classes: Ceo's, Lawyers, and the scrubs doing restraunt/retail.
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Anonymous2006-03-28 17:59
So what are some businesses that will not be fuxxored?
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Anonymous2006-03-29 23:37
>>6
Prostitution.
Now put on that leather miniskirt and get over here.
Society is better off when people are not so poor. So an economy is better off in which the only agricultural labour is done by botanical specialists who produce high quality wine and spices and make a lot of money from doing a job no one else can.
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Anonymous2006-03-30 14:23
O RLY
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Anonymous2006-03-30 19:03
and i'm getting sick of this bull about americans not even wanting to do those jobs. I tell you when was going 6 months without a fucking burger king or mcdonalds even calling me back, i'd sure as hell have worked on a farm so i've got SOME money coming in.
as for minimum wage, it's more of a brute force solution to a symptiom of a bigger problem. if america were more like firtile ground for buisnesses, there'd be more around, and then there'd be some actual competition for employees.
as it is, just about every job that doesn't take years of colledge is subject to the practice of the employer giving the most basic instructions, bypass real training, and just toss out the ones who don't pick it up right away. it's easier and cheaper to just rotate people untill you have some good ones, because there's always droves of people searching fo so much as part-time.
and let me take this chance to plug the fairtax. under the fairtax plan, buisnesses whould have NO taxes added to the price of thier goods, and money spent on tax preparers and lobbyists would go to improving the company, maybe even with better training, raises etc. for good workers, which would be harder to hold on to in a virile marketplace.
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Anonymous2006-03-30 19:57
and money spent on tax preparers and lobbyists would go to improving the company
I must a cynic. I could have sworn they'd only use this to bump quarterly profits.
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P.Treads2006-03-31 7:51
When Bush says there are jobs that Americans don't want. He really means, there are jobs that HE wouldn't do. It also means that he's in favor of Wal-Mart style economy. A bunch of cheap labor controlled by large corporations replacing all the decent paying jobs from small businesses in America.
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Anonymous2006-03-31 11:27
Are there any benefits to a Walmart economy to the working class?
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Anonymous2006-03-31 11:33
Please consider the idea that because of illegal immigration, we normaly get paid about 7$ an hour at whatever job we get hired into. All buisness abuses minimal wages because it's there, and without illegal immigrants there would be no need for it. Think about it...Germany doesn't have a minimal wage and people over there usually get paid about 20$ an hour
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P.Treads2006-03-31 12:56
>>15 Yeah. Everyone can be equally poor like Communist Russia. Corporations ownz the country. You can eat on a dime; McDonalds WalMart style.
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Anonymous2006-03-31 13:02
The purpose of the economy is to ensure the highest GDP per capita, not the highest GDP. This probably means reducing the population so there are more resources per person in balance with the people needed to give those resources value.