Originally Posted By: Tempest
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People will turn to crime, black marketing will become rampant, and then you have created a whole quagmire of new problems.
That's why crime has been going down in the US and Canada the last 2 decades right?
Even as manufacturing jobs have been going down?
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So the solution is to race them to bottom?
Again, you ignore productivity. And I would be worried about Canadian productivity:
http://www.cbc.ca/news/business/story/2010/09/14/canada-productivity-economy.html
1st, we aren't anywhere close to the 19th century working conditions, regulations and wages I stated we'd need to go to if we are to compete with them at their level. Therefore your pointing out our falling crime rates is a fallacy, since that data can show nothing to disprove or undermine the point I made.
As to our superior productivity you repeatedly point out as being our savior, you do realize that productivity - as its measured in GDP - shows China already in a close 3rd place position to the US, and is forecasted to pass it by 2020. So much for our supposed superiority in productivity.
You conveniently ignore the fact that our narrow lead is due mainly to automation (which, by the way, tends to displace as many or more jobs than it creates - another fallacy in your reasoning), and that we do not possess any kind of inherent monopoly on it. Business will produce goods by whatever means is cheapest. In a global economy like ours, its become apparent - by the reality rather than unquantified terms like 'productivity' loosely tossed around - that they will use whatever mode of production is cheapest, wherever its cheapest. As things stand, its still cheaper to employ minimal technology and use much more labor intensive means overseas simply because the bottom line is that the labor is the cheaper method.
As their economies strengthen they too will adopt more of our technology and combine it with their cheap labor, to beat us at more and more of what we do now and further displace our manufacturing sector from here to there. And as many elements of the service sector as imagination and technology enables as well.
Our narrow lead in productivity is not enough, and trying to turn back the clock by deregulation and slashing wages is not only undesirable - by any standard - but also not feasible on a level that would allow us to compete at theirs.
And if the globalists had been upfront with us and told us that this would be the price we would pay for it, it would have been categorically rejected. We were sold a bill of sale that, no matter how you tally it, doesn't add up to any kind of a win for us. Unless the 'us' is the 1% that has been reaping the huge windfall profits it has created, at the expense of everyone else who is losing out. And many have already lost out, or simply dropped out. The only question is, how many more have to lose before the momentum changes, and will that change come in time to head of the race to the bottom we are engaged in.
-Spyder