Republicans (minus Cao) vote unanimously to protect tax breaks for outsourcers
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June 02, 2024, 05:42:52 AM
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  Republicans (minus Cao) vote unanimously to protect tax breaks for outsourcers
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Author Topic: Republicans (minus Cao) vote unanimously to protect tax breaks for outsourcers  (Read 1636 times)
I spent the winter writing songs about getting better
BRTD
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« Reply #25 on: June 02, 2010, 11:42:42 PM »

Humans to robots is not comparable to outsourcing: http://en.wikipedia.org/wiki/Luddite_fallacy
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Free Trade is managed by the invisible hand.
HoffmanJohn
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« Reply #26 on: June 03, 2010, 07:35:33 AM »
« Edited: June 03, 2010, 07:38:26 AM by HoffmanJohn »


the Luddite Fallacy is only applicable at the macroeconomic level, and secondly people who lose their jobs to machines need to be re-trained. Secondly output is driven by demand, and if demand does not increase for the goods produce than the individuals who have lost jobs may not regain them. On a final note I am rather distrust worthy of neoclassical economics because they did not see this crash coming.
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Lunar
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« Reply #27 on: June 03, 2010, 07:56:35 AM »

Does anyone else suspect that Critz's election, where he made this the #1 issue in all of his campaign ads, may have had something to do with this?  Some skittish dems may have pushed for this.
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Derek
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« Reply #28 on: June 03, 2010, 08:07:11 AM »

Gotta love the free market. I'd outsource too if it meant saving money in order to provide for my family. Look at it from both sides.
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