What Political Party Is Responsible For The Outsourcing Of American Jobs?
Posted by China Sourcing CommentatorNov 25
Millions of Americans are loosing their jobs due to companies moving overseas. We need to bring jobs back to the American people.
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Which one has bee in power for almost 7 years
Government is not responsible for this, the presence of cheap labor in Asia and other parts of the world causes America jobs to move overseas. The US cannot control countries outside of its border. The only thing the government could do would be to wipe out the cheap labor populations, which we all know is out of the question.
I wouldn’t say one political party is responsible for that. Its business, and trying to cut cost down. That is why jobs are being outsourced overseas. Is this right? I can see both sides of the debate, but we need to have as many Americans working to keep this economy going. What should be done, is give business tax breaks, and other incentives to operate here in the U.S and keep Americans working.
Whichever party believes in taxing our corporations out of existence.
Neither is directly responsible. America has just become an expensive place to employ people. As a result, Americans should only be hired when the job requires that the worker be physically in America, or when no cheaper foreign workers can be found to fill the positions. Really, companies employ many more Americans than they really should if thier execs were really fullfilling thier feduciary responsibilities.
There are /many/ factors that have made America so expensive. Currency exchange rates are a big one. China, for example, uses it’s government’s monetary policy to keep the Yaun low relative to the dollar, and Chinese labor extraordinarily cheap compared to American. Cost of living is another – and many factors have contributed to that. The S&L system (which collapsed, BTW, the S&Ls were bailed out and made into banks) which has made mortages a standard way to buy homes, combined with collusion between developers and zoning authorities, has made housing extraordinarily expensive in many States, particularly in areas where jobs are concentrated. Unions and political movements have also demanded higher standards of living for the working class – the formerly low-paid ‘blue collar’ workers. This has pushed up the costs of many necessities – goods and services like food, transportation, and the like, as the labor inputs became increasingly expensive. It’s also led to inflation. Finally, the government has contributed to the high cost of labor with high taxes (Social Security tax must be matched by employers, and they also pay for Unemployment ‘Insurance,’ Workman’s Comp’ and others) and with legal burdens on employers from paperwork requirements to worker- and environmental- protection laws.
To bring lower-productivity jobs back to America, you would have to undercut the labor costs of other – often developing – countries. That would mean devaluing the dollar, which would make imports much more expensive, and lead to inflation, reducing real wages substantially; cutting payroll taxes borne by employers, which would increase the deficit or lead to the collapse of programs like social security, leaving many Americans suddenly poverty stricken; repealing worker saftey legislation; banning unions; and giving up on protecting the environment. It would also mean breaking the artificially high cost of real estate by dropping zoning laws, which would cause a collapse of housing prices, leading to mass foreclosures and the collapse of the financial industry.
Once those adjustments had been worked through, America could be a cheap-labor country, and Americans could again be efficiently employed to make the kind of cheap crap you find on the shelves at Wal*Mart.
It started with Reagan and his dismantling of our tariffs in the 80s but it is not limited to a party, Clinton signed N.A.F.T.A. 20 years of conservative economics are not working just ask a Iraqi if they like conservative economics.
The Clinton’s threw the doors open with NAFTA and then used their connections in China to get money to campaign in 96. Hillary is still waiting to get the next round of payoffs from those special interest groups that keep Billy Boy funded. Never forget the aim of the Democrats is to have everyone on some form of public assistance while importing everything from those who pay the most. The Unions drove out the jobs by wanting too much for too little and then the democrats capped things off my not imposing rules for countries wanting to import the proceeds of slave labor to this country.
Lets see I would have to give that one to the democrats.
1) Believe in taxing companies so they move to cut cost.
2) Impose regulations that make it too costly to do business here so they take off to somewhere else.
3) The blind support of unions that keep hiking up wages beyond the worth of the workers so companies have to move.
Sorry labor unions are not a political party, but they do for the most part vote democratic.
Unions price themselves out of the labor market and that is why outsourcing occurs.
Outsourcing is the result of unions hanging themselves with their own rope.
Hey don’t worry, at the pace we are going and the money the Chinese are accumulating, they may outsource back to you and offer a job as a telemarketer for them.
It has nothing to do with politics and everything to do with profits. But if you want blame a party blame the ignorant republicans and their supporters, they can’t do anything right.
While I disagree that millions of Americans are losing jobs to “outsourcing” I will say that the Party whose policies cause the problem is the Democrat Party. I challenge anyone to specify a policy advocated by and ultimately enacted by Republicans that has lead to this.
Arbitrary and irresponsible administrative regulations, confiscatory taxation, union strong-arming, unfounded labour mandate, etc. have all caused companies to seek overseas labour. This is not a matter of increasing profits it about protecting profit margins. Corporations are not in business to act as social welfare entities. They are profit driven entities and have a fiduciary responsibility to their shareholders. Those retirement and other investment accounts that the majority of Americans hold are invested in shares in these corporations and if these businesses suffer financially so will the majority of Americans both in loss of investments, loss of jobs and high consumer prices.
GOP
We lost our automotive jobs, and we started becoming a major exporter of airplanes shortly after.
We lost our television manufacturing jobs, and we practically invented the computer industry shortly after.
Yesterday’s industry isn’t going to keep America at the standard of living she feels entitled to. When an industry moves overseas, its time to adjust, get new skills, and think big!
PS: The unemployment rate is STILL under 5%, has been since Reagan started the trend toward free trade. Under the LBJ/Nixon/Carter protection scheme, we had unemployment rates double that.
Trade works. Period. Any nation that thinks it can contently hold on to the last generation’s jobs and not learn new skills will not move forward in terms of wealth and the standard of living.