Thursday, January 22, 2009

Absolute proof of Republican Fairy-Tale economics

Interesting, Microsoft creates new factory for Zunes in China as they lay off 5,000 Americans.

Click here for news story about new factory in China

Click here to see the story on Microsoft cutting 5,000 jobs

This is a perfect example of why giving all the tax cuts to businesses doesn't create jobs at all. Microsoft has had 8 years of the Bush administration giving huge tax cuts to businesses generally, and then extra tax cuts for sending American jobs off-shore. And they have to lay off 5,ooo employees? According to fairy-tale economics practiced by Republicans, Microsoft shouldn't be laying off at all but should have created many more new high-paying jobs here in America. Instead, its like American business always do, invest all the money made from sending our jobs off-shore into new factories off-shore. It makes absolutely no sense why a company would make a higher profit by off-shoring, then take that profit and spend it on high American salaries. It does make sense that they would invest that money into A. Returning to stock holders B. Invest in more plants and jobs off-shore. And once again, if American businesses has to give all the jobs to the rest of the world then they better be ready to make less money for their products (and to sell less) because we were once the richest nation in the world. Better hope the Chindus (Chinese and Hindus)have a lot of money because Americans don't have money to buy anything anymore. So American business better be ready to make money from Communists and one of the poorest places on earth, India. You want to give them the jobs, then you can make their dollars. And I'm sure they will buy their own products which are going to be cheaper than ours. So really American business has created a situation where no one can buy their expensive crap. Looks like the only way out of this will be to do what they should have done in the first place; work hard and innovate. Don't just say "were too weak to compete". Find ways to compete with what you have, that don't send jobs elsewhere. If you innovate and hire American again, you'll compete and Americans will have disposable income again. Laziness is the core of Republican ideals (makes sense that a rich person would think that way) and laziness just wont keep this country together anymore.

I also don't understand why the richest country in the world has to compete with poorer ones. A global economy simply means the U.S.A will be as poor as the rest of the world. We never have needed to compete in the past and things were great. Now that were competing were in a depression. And why did we have to "compete"? What do we gain? Well the top 1% got richer buying up depressed property and businesses. I think American business keeps telling us we have to be a global economy just so they can pay foreigners less than they would pay Americans. So "global economy" as defined by republicans also means taking advantage of poor people across the globe. So they take advantage of poor labor across the globe and leave the rest of us unemployed. Isn't there supposed to be something called ethics in business? How does America have a high standing in the world when this is the attitude of American business? What nation would want to invest in American corruption and evil-doings? Business in America better change their mentality or risk bankrupting this country.

If we held other countries such as China and India to the same standards as we have for workers in this country (labor laws, pollution standards), the cost of labor wouldn't be so cheap anymore. Who does America employ then when it costs the same to hire me or a Chindu? Well if its about money, you hire me because I'm local, speak the language better than a foreigner and know technology far better than a foreigner. I had a computer at the age of 5, did any foreigner? If its just racial and I'm hated by Americans for being an American, well then I guess that foreigners will always be more attractive for employment.

So when people are treated the same way all across the globe, and not taken advantage of, then that bit of loving mentality wont allow for discrimination simply because I'm American. An American that wants to pay the same living wage to Americans and foreigners alike wont allow themselves to hate Americans. Hate ultimately is the root of this rebublican debaucle and all their ideals. I just put a flashlight on it.

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