Too many jobs lost, Obama says in AP interview

WillRockwell · 07-02-09, 02:10 PM

Quote:

Originally Posted by Goobieman

Welcome to the global economy.
Like everyone and everything else, the American worker has to be competitive in that market, or he wont have a job.

"Competitive in the market" means Americans should accept work for $1 a day like someone in BanglaDesh. That's not likely to happen.

Goobieman · 07-02-09, 02:11 PM

Quote:

Originally Posted by WillRockwell

"Competitive in the market" means Americans should accept work for $1 a day like someone in BanglaDesh. That's not likely to happen.

See my response to TNE. It covers your post quite well.

TO expand slightly:
However likely you think it may be -- if that's what the labor market will bear, then you'll accept that job, or not have one.

Harry Guerrilla · 07-02-09, 02:12 PM

Quote:

Originally Posted by TheNextEra

And how is the American worker supposed to be competitive for the $1.00 an hour overseas that some get?

Even if the American worker were willing to work for that, that would be $160 a month. Get real.

I don't agree with the stimulus package as it stands, but one thing I do think is companies that go overseas should get NO TAX benefits for doing it.

A few things to understand, American workers are 10x to 20x more productive than their Chinese and Indian counter parts.

The things we are outsourcing are just not worth us wasting our time making.
High tech industry and other futurist type fields are worth us using our limited supply of labor on.

The caveat to this is that you have to have some higher order of training and education. If you don't get it, you will be left behind.

TheNextEra · 07-02-09, 02:13 PM

Quote:

Originally Posted by Goobieman

"Getting real" includes dumping the idea that, just because you're an Amenrican, you're entitled to a $30/hr union job with full benefits.

Want to not have your job outsorced? Get one that cannot be.

Companies exist to make money. If they can pay someone 10% your wage for the same (or better) work, why wouldn't they?

And, how do you propose the government stops them?

Your using ONE example, that doesn't cover outsourcing as a whole.

I know of plenty of people's jobs that were outsourced simply because it was cheaper to pay overseas $1-$5 an hour instead of what they were making which was about $9-$15 WITHOUT FULL benefits.

How is that $30 an hour with benefits?

TheNextEra · 07-02-09, 02:14 PM

Quote:

Originally Posted by Goobieman

TO expand slightly:
However likely you think it may be -- if that's what the labor market will bear, then you'll accept that job, or not have one.

Not if its $1 or $5 an hour, you CAN'T SURVIVE on that.

TheNextEra · 07-02-09, 02:15 PM

Quote:

Originally Posted by Harry Guerrilla

A few things to understand, American workers are 10x to 20x more productive than their Chinese and Indian counter parts.

Because the American workers are not payed SLAVE WAGES.

LaMidRighter · 07-02-09, 02:16 PM

Quote:

Originally Posted by TheNextEra

Not if its $1 or $5 an hour, you CAN'T SURVIVE on that.

Many of those reasons are because of an under valued dollar, this site may not have the bandwidth to fully explain it from the beginning.

Quote:

Originally Posted by TheNextEra

Because the American workers are not payed SLAVE WAGES.

"Slave Wages" are better than no wages if we are talking about outsourcing.

Goobieman · 07-02-09, 02:17 PM

Quote:

Originally Posted by TheNextEra

Your using ONE example, that doesn't cover outsourcing as a whole.

The sentiment behind it does. You are not entitled to ANY jon, much less one that you think pays what you think you are worth.

The value of your labor is set by the labor market. If you want to remain competitive in the labor market, you need to adjust your exepectations accordingly.

Goobieman · 07-02-09, 02:19 PM

Quote:

Originally Posted by TheNextEra

Not if its $1 or $5 an hour, you CAN'T SURVIVE on that.

How short sighted.

Like everything else, price of good/services is related to what people are willing to pay. Wages go down, eventually so to does the cost of living.

That's why comparable houses in certain areas cost so much more/less than others.

TheNextEra · 07-02-09, 02:20 PM

Quote:

Originally Posted by LaMidRighter

"Slave Wages" are better than no wages if we are talking about outsourcing.

Easy for you to say that when you aren't one of the people making that.

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