Thread: Economy
View Single Post
Old 10-30-2009, 07:51 AM   #28
ranger240
Zilvia Addict
 
ranger240's Avatar
 
Join Date: Aug 2005
Location: connecticut
Posts: 849
Trader Rating: (0)
ranger240 is a jewel in the roughranger240 is a jewel in the roughranger240 is a jewel in the roughranger240 is a jewel in the roughranger240 is a jewel in the roughranger240 is a jewel in the roughranger240 is a jewel in the roughranger240 is a jewel in the rough
Quote:
Originally Posted by theicecreamdan View Post
So somehow we're just going to start making a bunch of 3° 4° etc jobs keep coming out of nowhere? Unless manufacturing and farming start happening we're going to have some serious problems.

Want to know how we bring these jobs back to the US? American corporations outsourcing jobs to overseas should be paying their employees a fair wage instead of exploiting cheap labor markets. I don't want to buy products manufactured overseas in shitty conditions, the people in charge of Nike have way too much money sitting in their pockets to have a bunch of little kids in shitty conditions sewing shoes. Its time for top tier labor sectors to take a pay cut.

There's a problem when people in charge have everything while their employees are struggling just to feed their children.
so much fail...

1. farming... we have overproduction as it is. technology substitutes labor pal, those giant 300,000 dollar tractors are way more productive at picking corn than a couple hundred random migrant workers.

2. ''paying a fair wage"... '

why is this bad? bc any dumbass, their brother (also a dumbass), and hey lets not forget you! can grow coffee down in colombia or whatever.

so you have a fairly self sustaining economy (lets pretend colombia is) thats diverse enough to produce a good portion of their food domestically,

and then some americans who dont understand economics hear some hippie say something like " you pay 4 dollars for a cup of coffee but the poor helpless farmer who grew those beans only gets paid 10 cents".. they spring to action with ''fair trade''.

so lets just say every idiot coffee farmer gets ''rewarded'' with fair trade

america is throwing tons of bucks needlessly at coffee farmers. that sector of the economy is overflowing with cash.

guess what that does? tons of colombians ramp up coffee production to get some of the action. they also drop whatever else they were doing so production of other food products/whatever falls.

say this goes along great for a given amount of time.. but something terrible happens and Colombian coffee demand in the u.s. plummets. it can be anything, say some flu linked to imported coffee beans, maybe new technology allows coffee to be grown via automation in the states, lets say rising fuel costs make shipping the beans to the u.s. more expensive via some terrorist attack on an oil refinery somewhere, whatever.

What happens to Columbia? well buddy, they're fucked. they invested so much into that single export that their economy is now dependent on u.s. coffee demand....

im ignoring what actually happened to south american countries in the 90s and cocaine in that example


soo i know your point is, workers abroad shouldnt cost less then workers in the u.s... but buddy, face the facts.. thats not going to happen.. you could request some stupid govt plan to tax workers abroad but that type of protectionism (look up protectionism btw) has proven to fail (look up 'fail' btw)

dont give me the economy failed too bs... check out the source of the failure Fannie Mae and Freddie Mac
__________________
Quote:
Originally Posted by surreybc
...common sense is for uneducated people who operate on animal instinct.
ranger240 is offline   Reply With Quote