
Originally Posted by
Kamber Parrk
Hey Jeff,
Not meaning to launch an attack on you. I invoke Smoot Hawley, as a sort of reasoning by analogy, to bring up the issue of "unintended consequences" involving any, legislative, attempt to "protect American jobs."
Unfortunately, in a global economy, the American CEOs will go with the cheapest labor they can find-- hence most of our clothes and electronics are made in places like China, Korea, Vietnam, Bangladesh, and other parts of the world. (You can take off the shoes you're wearing or pull the back of your cell phone battery compartment to verify this. As well, most of the "drive train" and electronics of your "American Car" are probably fabricated offshore.) Famously, to paraphrase Steve Jobs, when asked when Apple products would be manufactured in America he replied: "Never."
Corporations exist to make money for the owners and shareholders by any legal means, period. (And, prior to the mid-1800s in America, that included slavery).
American kids take 3 months off every year from school-- at one time they were needed to harvest crops-- they no longer are for the most part. As well, the rank and file dumber (middle class and upper middle class) American highschool graduates graduate without knowledge of Calculus or nuts and bolts programming skills-- that's not the way it is in. . .India.
I hear the moral aspects of your position. But, markets are a bitch!
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