Thursday, September 16, 2010

This is where the jobs went...

Give them away and they come back to bite you in the ass. Broke dicks can't buy shit. Can't pay their bills. Can't vote against government handouts. We need to reevaluate free trade and give up supporting China killing our manufacturing base.

O.k Not a chance. Prepare for more of the same in Washington with different faces. Been a fact of life since Reagan. Change the personnel but keep the same big money.

Where Are The Jobs?
This all means that the labor of American workers is less valuable to global corporations than it ever has been before. Advanced technology and computers have enabled corporations to operate leaner and meaner. If they do need some old-fashioned muscle for certain tasks they can always run out and set up a facility in some third world nation where they can pay people close to slave labor wages and where they don't have to worry much about taxes, regulations, unions, health benefits or pension plans.

What did you think was going to happen when the United States entered into all of these "free trade" agreements with nations around the world that did not have minimum wage laws?

U.S. corporations are not in existence to provide the American people with jobs. They are in existence to make money. If they can make more money by shipping jobs overseas, then that is exactly what they are going to do.

According to Tax Notes, between 1999 and 2008 employment at the foreign affiliates of U.S. parent companies skyrocketed 30 percent to 10.1 million. During that same time period, U.S. employment at American multinational corporations declined 8 percent


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