Outsourcing our future
The Bain Capitals of the country will push every job they
can to the lowest bidder in India, China, Vietnam, the Philippines, Indonesia
and elsewhere. They do that in their pursuit of profit, and that is their
right.
Is it good US policy? Pretty soon the jobs remaining will be those that
cannot be outsourced, the hands on jobs, haircutters, burger flippers, nurses
and some doctors. The rest will either go overseas or will pay the same that as
overseas pay - $2 a day.
And don't think that only menial jobs go overseas. Only lawyers requiring
their presence will be needed. Back office and legal research are already being
outsourced. And where is the radiologist diagnosing your condition? Radiologists
are already reviewing the CAT scan you just got in the ER from their home
computers. There's no need to be nearby, or in this country.
So in a world economy, labor competes internationally. You and all the Chinese will be equal. Their billions of people will earn $50,000 a year or you will earn $2 a day. More likely we will meet somewhere, but not in the middle. They will earn $5,000 a year and we will earn the same or be out of work.
The answer according to Romney/ Ryan is that we all start Bain Capitals and if we can't or don't succeed, we must be lazy. That is not reality. Look around at your circle, family and friends. How many can run Bain Capital? How many can be successful if everyone is doing it? How many work very hard and still just get by, or struggle?
It is a great sales job to have you vote against your
personal interest, in the hope that you will make the 1%.
Here's the argument. You can work hard, smart and lucky
and join the 1%. And when you do, you will want to pay a lower percentage in taxes, since
you will be paying so much. Therefore, in the meantime while you are working
toward that goal to get into the 1% club, you should pay more, so later you can pay less. Pretty
self serving isn't it.
But we buy it. Shame on us.
posted by David Tyme @ 7:36 PM
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