Thursday, May 24, 2012
Exporting Jobs: Beneficial or Boneheaded?
Each year many of the American bigshot companies send the job of creating their products to countries overseas. Why do this if the problem right here on our soil is the need for more jobs? Well apparently these companies have come to the conclusion that the opportunity cost of giving jobs to unemployed Americans doesn't quite exceed the money that they are making by having foreign workers do the job for a smaller salary. Should the rest of us agree with them? I say yes. The products that are being made overseas are being brought back to my local stores and slapped with a price sticker much lower than it would be if someone in this country had been hired to make it. Lets face it: unemployed or not most Americans think they are better than working under the conditions and wages that some of these foreign workers do wouldn't want to take a job like that. And if it means that the next laptop I buy for college is a little easier on my wallet, I'm okay with that.
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