Originally posted by Don Smitty:
Cheaper labor rates do lead to bigger profits. But at the expense of American jobs? That may be a good thing for the corporations, but not for the American worker.
Plaw, just a reminder. Clinton was the one who hawked this NAFTA to the American people telling them how good it would be for them. Not Reagan. It was under the Clinton administration that NAFTA was implemented. One of Bill's great acheivements for the American working man. :rolleyes:
DS
Outsourcing may cause short term job loss, but as I have stated previously, it eventually results in net job growth, as companies can continue to expand their businesses within our borders without experiencing the crippling costs of manufacturing products within the United States. In the end, outsourcing results in long term job growth, despite short term job losses. If companies were forced to keep jobs here in the United States, they would be forced to cut back on costs in order to stay profitable, which would result in job losses, but without new jobs being created elsewhere.
