What Is The Gop Stance On Outsourcing Of Jobs Of American Workers To Other Countries?
Posted by China Sourcing CommentatorSep 9
also, stance on health care reform, repairing of our thousands of delapided and dangerous bridges, and regulating of financial markets and morgage firms to keep them from making fraudulent or misleading mortgage loans to the public?
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Outsourcing- They like it. It is part of “trickle down” economics. Give the rich people money and they will trickle it down to the poor people. That includes the poor people of 3rd world countries. Tax breaks for these large institutions are great for getting around those pesky environmental, child labor, and minimum wages laws they must conform to here in the US.
Healthcare- They feel that health care doesn’t need reformed. If you can not pay for health care, it is because you are lazy and unwilling to work. You want the system to take care of you. high health care cost are the result of the worlds best healthcare system.
Bridges will get repaired only after all the wheeling and dealing of the private contractors have finished up taking bribes and dragging endless red tape.
Misleading business practices- They feel they are all part of the “free market” system. If you get suckered in it is your own fault for being naive. If you took a loan out too big for you to handle, tough. You know what the payment was. You shouldn’t have done it. However, the Mortgage firms are a different story. These guys didn’t realize making loans to millions of people who couldn’t afford them was bad for business and our economy. They should bail them out and give the CEOs a raise.
Hope that clears things up.
This question has gotten entirely too long to fully deal with here, but I’ll address the first point. Traditionally, the GOP has favored trade, which is appropriate: trade creates value, or it wouldn’t happen. Semiconductor chips may be assembled in Malaysia or Singapore — but they are designed in the US, by people who earn a lot more money than chip assemblers.
haha just commenting on lowman’s analysis about the bailing out of fannie and freddie and the companies they were supposed to bail
It’s not that the GOP believes that, its that the GOP recognizes its philosophy is broken. :]