Are you in business to create jobs or make money?
If the answer is obvious, then how can we stop losing jobs to China, India..which has lower labor cost? Will job loss stop when the total costs are equalized? Is it fair? Is life fair? Can it be reversed? Can we stop competition and just close our border to trade? what I am trying to say is" Are we screwed with no way out?"
Politics - 11 Answers
Random Answers, Critics, Comments, Opinions :
1 :
Make money
2 :
They go together the more jobs I create the more money I make. Repeat. It's called growing a business.
3 :
It's the same thing. You make money by creating jobs. Under current conditions, jobs are cheapest in China, Indonesia, and Southeast Asia. This will continue until the trade imbalance weakens the dollar until the apparent cost of foreign labor rises to equal U.S. labor. Except China has pegged its currency to the dollar, and this will keep China cheaper until they can't afford to keep their own currency weaker than the dollar. Meanwhile, both China and the USA will see the cost of all imports rising, including oil. We will see gasoline hovering around $10 a gallon or more. People will be riding bicycles to work like they did in Europe. Things will be much worse in China. Of course, we could bypass all of that with some tariffs on our imports. Currently tariffs amount to less than 2% of our federal revenues. Before 1913, tariffs were the main source of federal revenues. Look up the Tariff of 1828. But that would raise the price of an item at Walmart by a dime, and the people would scream. Most Americans would rather see unemployment rise above 25% before they would pay one dime more for an item at Walmart.
4 :
Giving my employees a dollar a day sounds good to me. FACT.
5 :
It's OK. "Free-trade," deregulation-pushing competitive predatory capitalism is the best and only economic system on earth, remember? Americans are too stupid and ignorant of history to realize that soon, if not for government protections, they're going to be "competing" with Chinese workers who live on $2 a day and have no safety regulations or environmental controls. This is how corporations WORK and it always has been. Companies did not adhere to safety regulations or start making safe products out of the goodness of their hearts. The government had to force them to. :/
6 :
We can either fight to bring other nations up to our labor and environmental standards, or in order to compete, we'll have to go down to their standards. From a moral standpoint, why do we allow other nations to exploit their labor and environment?
7 :
Protectionism will NOT create jobs with the dumping of cheap Chinese labor on the world market, world wide labor costs will fall BUT the USA has many strengths we need to utilize. FIRST - Manufacturing in China has been BAD for many US Manufacturers, as Chinese companies regularly rip off proprietary designs and technology form US companies that manufacturer there SECOND - China does very little R&D because creative people would rather live HERE than THERE (for now) THIRD - America has (for now) more freedoms, which is the greenhouse of innovation and wealth Job creation in the USA will continue, as long as we create the ultimate incubator for ideas, education and research. If the NEXT BIG THING does not come from the USA, then we are doomed. Business needs every break imaginable to keep them here, and keep them happy
8 :
The more money I make, the more jobs I create. And I'm not unique.
9 :
We can't possibly stop the loss of jobs to any country that has a lower currency value than our own, without the regulations right-wingers claim is socialism. Funny every other country in the world was waiting for us to open trade so they could destroy our country economically, but protecing it is socialism. All nations throughout human history has used tarriffs and other regulations to protect their own businesses from those who wished to conquer them from outside, but media has programmed right-wingers that it is socialism. TO big business, that is the equivelent of being able to walk into a store, buy something on clearance and sell it on ebay for twice what you paid for it.
10 :
We are in business to make money of course. We employ as many people as is needed to fulfill the contract for that week. As our business grows, we hire more qualified people to fill the gaps where we need them. If the government hurts how we do business then we will have to start thinning the employee pool to a point where we can stay profitable.
11 :
Going into business isn't a Charity case. When laws in the U.S. are anti business jobs leave. Once they leave there is a financial interest for them not to return i.e. the investment into capacity at the new place. Without creating enough infrastructure in the new location not enough wealth can be created in the new location to make up for the jobs lost. The people in new location don't earn enough to purchase out products. The 1st world creates items at the high end of Maslow's hierarchy of needs. One of the main reasons other than the environmentalist NIMBY attitude is to make war uneconomically viable. One destroys his own capacity when attacking one's supplier.
