[citation][nom]Johannvl[/nom]It would be hilarious to see American F16 fighters grounded because China/Korea/Japan implements sanctions on the sale of electronic equipment to the US...[/citation] As far as I know, most of the electronic equipment the military relies on is made in America for that specific reason. Even big business and the American government isn't
thatstupid. [citation]...and in the process the American Government and American businesses have given a lunatic a loaded gun to use against them (Does Korea & nuclear power ring a bell ?)[/citation]North korea (the isolationist lunatic with the loaded gun) and South Korea (our allies that make the electronics mentioned in this article) are two wholly seperate entities. We refuse to do business with North Korea, and they refuse to do business with us, and, pretty much everyone else. [citation]The main reason for this ridiculous situation is greed. American business has to pay a skilled American a decent salary for his labour, but they can pay a Chinese/Korean/Indian a mere survival rate "because labour is cheap". In the process they have encouraged and supported sweat shops and human exploitation...Like a previous poster has said: They have dismantled and sabotaged the economic powerhouse of the world and sacrificed Americans on the altar of greed. The solution would be to legislate that any company wishing to do business in the USA has to pay American salary rates to Chinese/Korean/Indian/African employees.[/citation] This is pretty much the idea I've been parading for several years now. If the cost benefit of outsourcing is nullified, money will return to American coffers as companies hire more Americans to escape the costs of shipping finished products from overseas. [citation]Indian call-centres will still make sense because their geographic location makes a 24-hour operation practical,[/citation]...except it is very frequently that we as consumers end up paying for long-distance based service at a premium price and get very little help over what is offered on the company website, and in broken or mumbled English spoken with a thick, almost incomprehensible accent. [citation]but manufacturing a part in Korea which can readily be made in America, might not make sense any more. It might also mean that "American-owned" and "American-made" may mean the same thing.[/citation]Exactly.[citation]I see the above as a true win-win situation. As an African, I am quite willing to work for an American salary. My government is quite eager to tax me on a higher expendable income. I am sure the same applies to the Chinese/Koreans etc. This should also reduce the blatant exploitation of human beings in the so-called "cheap labour" countries.[/citation]That is a key point. Though I should also point out, this whole thing would mean reduced incentive to outsource not only to third-world countries, but also first-world(?) countries that still have cheaper labor rates and a lower cost for a higher standard of living. Either way, it means more jobs for us, less jobs for everyone else. As selfish as it seems, we need to watch our own backs before watching anyone else's, so we need to bring our GDP back into the black. We can't help anybody if we can't help ourselves, just like how on an airplane you should always put on your own respirator mask before assisting those around you that might need help...so that you can still be conscious later. They can wait a few seconds for you to help them, but you can't wait a few seconds for them to help you if they can't even help themselves. For a while, forcing American wages for all workers of all companies will drive up the prices of goods that we have come to expect at everyday low prices at Wal*Mart, but we will also have more money to spend as consumers with which to afford to pay the higher prices.[citation]Its high time that the American innovation, which made today's manufacturing possible, is used to export electronics to the Orient i.s.o vice versa.[/citation]I couldn't agree more.
Also, also a
classic example. That's what first made me realize the whole labor/economy problem, before it even started becoming the problem it is today. Funny how a little fiscally-liberal thinking now and then can predict the future. You paying attention corporate big-wigs? We can't buy your crap if you give all of our money to yourselves and to other countries. That's a
really great way to inject financial stimulus into the domestic economy, isn't it? Don't just spend more, spend American, not only for finished products, but for the labor that makes them too! That's how trickle-down economics works—you aren't left with anything at the bottom if all of it leaks out of the system without introducing more into the system to replace it!
Facebook
Twitter