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| Tool Talk Discussion Board |
Topic: Re: OT: Why our jobs are going elsewhere
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| Spook
11-03-2009 11:08:01
68.73.54.195
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Cheap labor. Everything else is irrelevant. Most jobs lost are non union. You hear about union jobs because they are usually bigger companies. It is impossible to compete with labor at pennies per hour. If our taxes were 0, and there were no regulations, we would still be losing jobs due to cheap labor. |
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| 730d se
11-03-2009 13:15:13
75.138.98.81
251520
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| Labor has always been cheaper in other countries, especially the backward ones that are years behind us in education. However, that is not the direct cause of job loss. It still goes back to greedy executives that can only see the future for themselves. They have little or no regard to the long term health of the company nor their emplyees like they once did. Recall back in the early 1970s when Japan began to ship cars over here? While our cars needed some improvements, the Japanese cars were horrible. They did not sell well. Two things happened. Japan learned from it's mistakes and took action to continually improve their products. What did US car makers do? They were so focused on large bonuses and the short term, that they allowed a bad product to get even worse. We did it to ourselves. Today, foreign cars are, on the whole, built better, last longer, give less trouble, etc. That to me is a dispicable and embarrassing fact. The US could have basically shut the foreign car market down back then, but a few fat cats chose their own checking accounts over the betterment of the companies. Today, what do the fat cats get for running large auto makers in the ground? They get a darned bail out. Sad thing is, many of the execs that destroyed GM are still in place. |
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