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10-19-2006, 10:04 PM | #16 | ||
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Quote:
True many jobs are going overseas but why? Corporations are sending them there, right? And who are corporations? Well most are owned not by Americans but by all sorts of nationalities. English, French, Germans, Indians, and others own shares of these stocks. Who owns IBM or Apple? The answer is “people” called investors all over the world in a global competitive economy. Now “our” investments compete with investments from other countries and vice versa. Everything is co-mingled which I think is a good thing. I think commerce promotes peace for one thing. And prosperity for another. Free markets and competition is good as long as the laws of supply and demand and capitalism are left to naturally maintain a free market balance. There are exceptions usually based on moral issues and sure, human or drug trafficking should be illegal, etc. But other than setting a moral and level playing field with basic laws, I believe that free markets should be left alone to adjust without a whole lot of intervention by politicians and lawyers (big government). If Free Enterprise is good on a national basis and made this country great, then why can’t it be good on a global basis now that the cat (protectionism) is already out of the bag. I think your feelings (and mine) come from the fact that we are *in transition*. Just like when the telephone company went from “regulation” to “competition”, there was a painful period of “de-regulation” which always sucks in my opinion. The result is a lot of jobs headed overseas to find our new worldwide balance in the marketplace. I just don’t get the warm and fuzzies that making new government laws to stop sending jobs overseas would be the right thing to do. Usually governments come up with ideas like taxes or tariffs that make the incentive a little less potent. These taxes may go away after the result is achieved, but this helps to buffer a sudden shift. Quote:
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