That is basically what happened when factories shutdown in this country and moved overseas.
It took good paying American jobs and replaced them with cheap foreign labor. It is called Capitalism I suppose...a paradox of grand proportion.
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Originally Posted by WTF
as usual a rather uninspired post designed to simply slam capitalism. a lot of the drive to move factory jobs overseas is your precious unions. look at what union costs have done to the auto industry. unions are passe. worse, they have become corrupt political tools.
so blame unions for driving up labor costs for a lot of movement of jobs overseas. it's not the USA's fault other countries have dirt poor people and no industrialized business that pay modern G20 type nations. Job's aren't going to Germany, they are going to Mexico and other non-developed countries.
to a lessor degree the insane corporate tax rates are also to blame. tax breaks here vs. Mexico are vastly different. Yeah US states roll out big tax cuts to get businesses to move to their state, but those don't last forever. long term, taxes are cheaper elsewhere.