- Tue Sep 28, 2010 6:04 pm
#323482
The reason jobs go overseas and manufacturing goes overseas is because we can't compete with dirt cheap labor costs in other countries. In an absolute free market, nothing would be made in the U.S., until our standard of living dropped so far that we could compete on costs with the likes of China and India.
FreeBird wrote:No, actually keeping jobs in the US does not require more government but quite the opposite. If everyone did what they were good at and if free market allowed this to happen, products would be at their cheapest for everyone. The USA might not be the cheapest at everything in the world, but it would all equal out and the entire world would benefit in the end. Including the USA. It is the government regulation and tariffs, etc that keep the prices high.
The reason jobs go overseas and manufacturing goes overseas is because we can't compete with dirt cheap labor costs in other countries. In an absolute free market, nothing would be made in the U.S., until our standard of living dropped so far that we could compete on costs with the likes of China and India.