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When enough jobs have been outsourced/cut and pay has gone down who is going to buy

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Old Oct 20, 2011 | 02:02 PM
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Default When enough jobs have been outsourced/cut and pay has gone down who is going to buy

American products and services? It makes sense for businesses to streamline but when everyone is doing more and more streamlining the American worker gets the shaft. When the average American makes less or has no job they can't buy products or services. Aren't companies f*cking themselves in the long run by their mass hysteria of outsourcing/cutting?
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Old Oct 20, 2011 | 09:09 PM
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There is almost always work to do, just many people don't want to do it (or get "benefits" that pay better than working).



The future is a world of deflationary tendencies coming to life. Increased efficiency leads to lower cost and less requirement for labor. Back when they were talking about having flying cars by now, the theory was that this would lead to more leisure time for the working man, having less need to bust hump when robots could work for us.



Of course, when we get to that point, the scientists who are too young to have watched Terminator will make a big mistake, Skynet will become self-aware, and the robots will kill us all so . . . .



no worries!
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Old Oct 21, 2011 | 10:25 AM
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haha ^^



i don't think any company is really screwing themselves.. there are always a TON of people over here that even if buying chinese is against what they would like to do, HAVE to because of the cost.



the 'average' american will pretty much be FORCED to buy the 'overseas' products because of the value.



its shitty, but from my experience, (SOME) americans think their time is worth to much and want to be paid 20$ an hour for something illegals or people overseas would be more than happy to get less than half that amount..



there is probably a good amount of work out there to do, but most people feel to 'high class' to do or can't imagine themselves going from being a successful engineer to working for 10$ an hour, 50 hours a week detailing drawings..
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Old Oct 21, 2011 | 01:10 PM
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The problem (for the workers) is that the free trade agreements and globalization are forcing American workers to directly compete with people able to live "comfortably" on a couple of thousand dollars a year. It use to be so expensive for a company to divert its regular operations overseas that it wasn't worth it. Now there is no economic incentive for most places to hire Americans.



This is bad because the only way to compete is to lower our standard of living to compete with the third world countries that are doing so much of the work that use to be done here. I don't know about anyone else, but I don't want that. From the standpoint of large business it makes great sense obviously, but it is bad for everyone else here in the US.
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Old Oct 21, 2011 | 10:31 PM
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^

This.



Free trade and fair trade: not the same thing.
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