D'oh! maybe it should have appeared in THe Nation then. Anyway, I don't think that headline is that inconsistent with this: "Outsourcing is just a new way of doing international trade," said N. Gregory Mankiw, chairman of Bush's Council of Economic Advisors, which prepared the report. "More things are tradable than were tradable in the past. And that's a good thing."
Despite my best efforts to educate you, you still do not seem to understand that jobs lag the general economy. Jobs take *time* to produce. After the recession, terror attacks and corporate fraud, small business owners and large corporations have been gun-shy about creating new jobs and expanding. As the economy continues to rebound thanks in large part to the fiscal and monetary policies implemented under this Administration, confidence will rise and businesses will take on more aggressive expansion plans that include job growth. Sam, you clearly have no perspective on this issue. Job creation isn't something that you pick up on while seated behind a desk manipulating legal documents.
True, I am being a bit unfair; the economic recovery has created many service sector jobs in Bangalore, Dehli, Mumbai. Soon Trader_Raj will replace Trader_Jorge in his insignificant sector of the financial services arena....after which I will review your application to be my house boy.
That's just crazy. Most of the times I have read this statement, the implicationis that jobs lag the economy by six months are so. Of course under supply side economics, the job lag is much more pronounced (say decades instead of months).
Free trade? I doubt it. NAFTA despite its title was not a free trade agreement. NAFTA was a managed trade agreement that did make trade freer between the USA, Canada, and Mexico. Large comanies made sure their collective *sses were covered in NAFTA.
The short term effect of "offshore outsourcing" is that highly skilled middle class Americans are now searching for jobs that are increasely heading overseas and may have to settle for jobs which pay considerly less. You would have everyone believe that this is a good thing. The long term effect is that the American middle class will shrink and our standard of living will be normalized with those of India and China. I suspect that you will foolishly reply that China's and India's SOL will rise to meet ours. Such is the stuff Republican dreams are made of.
Newsflash: We have been 'exporting' jobs to Canada, Mexico, Asia, and all parts for *many, many* years. Has our standard of living been normalized with the third world? I think not. Try again, rookie.
Actually, the gap between the rich and poor is beginning to look like that of Latin America, as are our fiscal and monetary policies. You make the simpleton's mistake of only looking at the mean/average standard of living. Again, that's like putting Bill Gates in a room with 10 homeless people and saying that the average person in the room is a billionaire. Middle and lower class wages have remained stagnant or grown slowly in real terms in recent years, inching ever so closer to those of developing countries. LOL, hoisted by your own petard again. Maybe you should exit the thread, you're only hurtiing your houseboy chances
Are you serious? I would argue that our standard of living has been steadily dropping for *many, many* years. 50 years ago wifes did not have to work just to make ends meet. Today how many stay at home moms do you know? (BTW, Canada, the country just to our north, is not in the third world last time I checked.)
To those who are (rightly) concerned about the 'outsource' of these jobs, what's your solution? Corporate tax breaks based on job numbers? (oh how i hate these selected 'loopholes') Greater protectionism? (does 'protecting' higher cost US production help the US remain at the forefront of innovation?) PS I agree on the callousness of the reports remarks. Just curious on your thoughts on how to address the issue.
Our standard of living is dramatically higher. We are buying more stuff, our houses are more expensive, we own more cars, and medical care is becoming more expensive (and better).
I have never seen weaker arguments advanced by liberals! Never in my life! This is a true sign of CONQUEST. On the one hand, we have SamFisher arguing that standard of living should be judged by homeless people and the lowest classes of society. This is the maxi-min philosophy which is trotted out by only the many socialist philosophers. The aim is to judge the quality of society by its weakest members. Sorry, but I just don't see the relevance of judging our society by someone who panhandles for money and then sustains himself by using that money to buy a 24-oz Miller Lite tall boy every day. I call this the TALL BOY PHILOSOPHY and I hereby render it a joke. On the other hand, we have No Worries speculating that our standard of living is dropping because of wives are choosing to work, have careers, and use their heightened level of education to live a productive life. Again, this is just laughable. I call this the PEGGY BUNDY PHILOSOPHY and I hereby render it a joke. Liberals, is this the best you can do? Please someone, anyone, step up to the plate and provide some thoughtful analysis. I have yet to see an adequate rebuttal to my assertions. GOOD DAY
You have got to be kidding me. My mother and father were both able to attend graduate school AND support my brother and I while my father worked at Radio Shack and my mother was a full time student. I can't afford to go to school this semester and I work in IT.
Your one individual example is not representative of the economy as a whole. Many, many more people can afford to go to school today than in years past.
I guess by your last post Jorge you consider the working and middle classes to be akin to a bunch of homeless people, worthy only to be mocked and scorned? That's cool, at least you're honest about it, unlike the Bush Administration, which apparently shares your priorities but is less open about it.
Wasn't the Bush camp being at least partially honest here in recognizing that outsourcing does happen??? THis is highly unusual for a politian. (especially from this lot) Of course he repeated his mantra of long term benefit.... I'm not supporting Bush here...just asking what you would like to see be done about the 'exporting' of jobs. Or is it something the economy just adjusts to? When you buy clothes, would you pay 50% more to support the US textile industry...and should you have to?
