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Old 04-09-2008, 11:53 PM   #34 (permalink)
Bard Jameson
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Quote:
Originally Posted by Fmeh View Post
There have been some conservatives out there who have actually had the audacity to say that job outsourcing is GOOD for America, as if losing jobs is a good thing. It's just such a radical departure of what conservatives were saying in the 80's.
Just for perspective..what we call capitalism today was called mercantilism in previous centuries. And that principle has always been about finidng raw materials markets and labor markets that are cheap, then reselling the manufactured goods in a relatively rich buying market for a sizable markup.

so, when the "conservatives" were touting "Buy American", there was still a relatively cheap American materials and labor market to be exploited. When that changed, they moved to where the cheaper materials and labor markets were to be found - off shore.

Its actually quite consistent...it just takes a longer time frame of reference to see the consistency.

Just my L$0.02
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