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Message
re: Companies continuing to offshore jobs….
Posted on 12/4/24 at 6:06 am to wackatimesthree
Posted on 12/4/24 at 6:06 am to wackatimesthree
quote:
quote:
The insatiable greed of these people astounds me. These tightfisted hucksters are committing economic treason against the very nation that made them great.
That great nation has laws that hold those companies responsible for acting in the fiduciary best interest of their shareholders.
They are legally required to make as much money as they reasonably and legally can.
True and at the same time, sad. At the most basic level, it's the general problem with our nation.
The shift towards globalism has eroded national pride a spoiled populace that takes our success for granted, forgetting the traditional American values that got us here.
The multinational corporations influence on DC is all about profits and doesn't take into consideration what's best for America. I pray this American First momentum continues.
Posted on 12/4/24 at 6:15 am to JesusSaves777
quote:
The insatiable greed of these people astounds me.
What a naive post. Their “insatiable greed” is the same as yours when you try to get raises or lower your mortgage rate.
I was part of a partnership in a company that provided services to the energy sector. I’m still involved in the company, though not as an owner or employee. This company faces price pressure constantly from competitors. If they don’t offshore some of their services they will be out of business.
If we are offshoring too much, and for the good of the country, must reel that in, then the way to do that is with targeted tariffs. The company I’m speaking of would be perfectly happy with that. Tariffs (or similar rules around services) would reduce the price pressure from competitors and allow us to pay higher salaries for Americans. Understand though, your prices will go up, because they will still want to make a profit (You know, that greed thing).
Sure greed is part of this. Greed is what drives capitalism. Greed is what drives every ism. The virtue of capitalism is that it recognizes this and harnesses it for the good of everyone.
Posted on 12/4/24 at 6:21 am to JesusSaves777
quote:
The insatiable greed of these people astounds me.
I agree 100%. However, it should be noted that one of the reasons jobs go offshore is the massive amount of regulations and red tape companies face in the U.S. thanks to the Democrats and GOPe. That drives costs to the point that moving production becomes attractive to shareholders. Trump made moves in the right direction during his first term aimed at bringing manufacturing back stateside. Hopefully that continues with his next term.
Posted on 12/4/24 at 6:22 am to Geaux-2-L-O-Miss
Support American companies based in America. If this practice is concerning to you, spend money with companies who keep jobs in America. There are many lists on-line of companies that place people above profits.
Posted on 12/4/24 at 6:26 am to SlowFlowPro
quote:
fricking Communist scum
You were doing well in this thread until this post. Trying to prevent industries from leaving your country is hardly Communist. Nor are tariffs Communist.
I am a free trader philosophically. But we have a situation in the world today that is destabilizing. That is: we have an almost infinite supply of poor people in emerging nations. Uninhibited offshoring is exposing the lower classes of American workers to shockingly low levels of competition that is ruinous of their lifestyles.
I approve of the offshoring of the 25 years following Reagan’s election. Sometime around 2010 it became time to rein that in with industrial policy. It has gone so far now that we have to claw back. The trick will be knowing when to stop clawing back and let the offshoring begin again, but at a controlled pace that doesn’t create the dislocation we have seen.
Posted on 12/4/24 at 6:43 am to JesusSaves777
quote:
Who are you calling leftist, you are literally a neoliberal NPC
I don’t know what an NPC is, but Neo-liberal? Here is Hewlitt Foundation’s definition:
quote:
Neoliberalism—the free-market, anti-government, growth-at-all-costs approach to economic and social policy
Now, “growth at all costs” is going a bit far, and no Neo-Liberal that I know of suggests that, but laissez-faire economics is a fair description.
Anyway, it doesn’t seem like an insult - not without knowing what NPC means, anyhow.
Posted on 12/4/24 at 6:47 am to Geaux-2-L-O-Miss
You can thank the US Chamber of Commerce
Posted on 12/4/24 at 6:49 am to Geaux-2-L-O-Miss
If they taxed/tarifffed product coming from manufacturing sites outside the US, this would stop
Posted on 12/4/24 at 6:58 am to SlowFlowPro
quote:
As opposed to government a-hole like you're promoting?
Says the guy that supports political persecution from that same, leftist government.
C
O
M
E
D
Y
Posted on 12/4/24 at 7:20 am to jimmy the leg
quote:
Says the guy that supports political persecution from that same, leftist government.
Well the first blatant lie of the poli board about me occurred prior to 730am CST.
Posted on 12/4/24 at 7:26 am to Penrod
quote:
That is: we have an almost infinite supply of poor people in emerging nations. Uninhibited offshoring is exposing the lower classes of American workers to shockingly low levels of competition that is ruinous of their lifestyles.
a. I believe in emigration
b. There are plenty of economic opportunities for these people. They just refuse to take them and refused to adapt and developed cultures of pathology that now prevent them from working normal jobs.
When we used to have this exact conversation with black people in ghettos, it was not controversial at all. When that conversation shifted to white people from less urban areas in areas idolized as halcyon, NOW it's a crisis. It's silliness.
quote:
It has gone so far now that we have to claw back.
Assuming you're right (and I don't agree), the conversation shifts to "how?"
And if the answer is more government, then this becomes dubious.
quote:
. Trying to prevent industries from leaving your country is hardly Communist. Nor are tariffs Communist.
Engaging in policies that destroy growth/development by relying on redistribution of wealth from the productive to unproductive is not going to work, b/c Communism always fails. As the SOL falls and our PCGDP craters, the government will take more and more power trying to fix it. And then 20-50 years later scholars will say "well that wasn't real Communism".
Posted on 12/4/24 at 7:26 am to SlowFlowPro
There's a lot of projection on this board.
Posted on 12/4/24 at 7:26 am to Tshiz
quote:
If they taxed/tarifffed product coming from manufacturing sites outside the US, this would stop
Can you please describe the process by which this would stop it?
Posted on 12/4/24 at 7:32 am to Geaux-2-L-O-Miss
Probably because Covid money made everything too expensive in the USA.\
Youre blaming companies for doing whats natural and required of them, when its government creating the issue.
Youre blaming companies for doing whats natural and required of them, when its government creating the issue.
Posted on 12/4/24 at 7:36 am to Taxing Authority
quote:
quote:The insatiable greed of these people astounds me.
Well they are moving offshore mostly because labor is cheaper. Why won't US workers work for the same (low) wages offshore workers do? Why are US workers so greedy? Why is maximizing revenue only OK for some people, but not others?
Is it low wage, low skill workers who are greedy or is it the members of the US Corporatocracy who are greedy?
In real terms when adjusted for inflation working class wages have been flat or falling for 50 years.
Posted on 12/4/24 at 7:54 am to Bass Tiger
quote:
In real terms when adjusted for inflation working class wages have been flat or falling for 50 years.
Because their value in the American economy hasn't kept up with more valuable labor output in our advancing economy. Our economy advancing and developing so far has created many avenues for higher margin output, so those jobs will have wages increase due to that productivity. Unskilled labor, especially lower-level manufacturing, still has very low-margin output.
This is specifically why derailing our economy to redistribute money/spending from our high-margin areas of output to low-margin, inefficient areas of our economy would case a devolution in our economy, SOL, etc. This is why Leftism/socialism fails as an economic philosophy ultimately.
Posted on 12/4/24 at 8:08 am to Geaux-2-L-O-Miss
For decades the routine has been...
1. import cheap labor, some of it illegal aliens
2. company moves/offshores
3. give country they moved jobs to taxpayer money
It's a recipe for disaster. The disaster relief they should be giving out is for the disaster of dumbass politicians and the disaster is upon us. And don't discount unions as a form of "regulation" also. Regulations are always a balancing act; it is no longer balanced. It favors the heads of government (and unions), see below.
We give Mexico money to fight their crime to only allow illegals to pass through their country from a triangle/SAmerican country and not use law enforcement to stop it only for Whirlpool or GM to move a factory there.
We, citizens- taxpayer or not, lose every step of the way and it defies logic. The root of the problem is government, not business. It is America First that seeks to remedy (or at least mitigate this). As long as the politicians, the root of the problem, continue to paint themselves as saviors and AF policies as racist/evil and we let them continue to do so we can only expect the problem to get worse.
The only winners are the politicians that oppose remedy efforts and benefit n the form of skim, kickback, and lobbyist "contributions" (that allows them to stay in power and make even more money). AF is evil/facist/racist, so you can make money on the side and virtue signal simultaneously. It is purely a selfish motive by government (and union) officials.
1. import cheap labor, some of it illegal aliens
2. company moves/offshores
3. give country they moved jobs to taxpayer money
It's a recipe for disaster. The disaster relief they should be giving out is for the disaster of dumbass politicians and the disaster is upon us. And don't discount unions as a form of "regulation" also. Regulations are always a balancing act; it is no longer balanced. It favors the heads of government (and unions), see below.
We give Mexico money to fight their crime to only allow illegals to pass through their country from a triangle/SAmerican country and not use law enforcement to stop it only for Whirlpool or GM to move a factory there.
We, citizens- taxpayer or not, lose every step of the way and it defies logic. The root of the problem is government, not business. It is America First that seeks to remedy (or at least mitigate this). As long as the politicians, the root of the problem, continue to paint themselves as saviors and AF policies as racist/evil and we let them continue to do so we can only expect the problem to get worse.
The only winners are the politicians that oppose remedy efforts and benefit n the form of skim, kickback, and lobbyist "contributions" (that allows them to stay in power and make even more money). AF is evil/facist/racist, so you can make money on the side and virtue signal simultaneously. It is purely a selfish motive by government (and union) officials.
Posted on 12/4/24 at 8:13 am to I20goon
quote:
It's a recipe for disaster.
Its a govt created problem, as american mfg is priced out of export markets.
The feds job is to keep unemployment low (create shite jobs with low pay) and inflation low.
Its failing on both ends because the jobs we create dont pay well and inflation is hard to contain because of constant deficit spending.
Posted on 12/4/24 at 8:34 am to Taxing Authority
Why don’t ceos take a pay cut? Why don’t the upper management take pay cuts?
Posted on 12/4/24 at 8:56 am to wackatimesthree
quote:This is retarded.
That great nation has laws that hold those companies responsible for acting in the fiduciary best interest of their shareholders.
They are legally required to make as much money as they reasonably and legally can.
No one is forcing them to move manufacturing overseas you idiot. And just because the company can be more profitable by doing so doesn’t mean they have to.
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