Originally Posted by ryane946
Thanks for the kind comment. Outsourcing is a very sensative subject, and I know it has obvious downsides. My biggest concern is that people see the word outsourcing, and all of a sudden cringe in fear and hate. It can be a good thing. Our capitalist economy is based on the success of business, and with their success comes the success of our citizens. Wealth does trickle down. As long as unemployement remains low, a little outsourcing is healthy for our economy.
I'm with you brother, well said.
Sorry I have to disagree with this trickle down theory that has not worked yet for 25 years. First look at the history lately and tell me were it is working.
ftp://ftp.bls.gov/pub/special.requests/lf/aat1.txt
How about taking a look at the unemployment rate for the last 65 years. It has averaged at around 5 percent and hasn't consistently rose in recent decades even as outsourcing has.
If you think trickle down economics work then you pobably think the rich are taxed to much.
If you think the rich arn't taxed enough then you probably think communism actually works.
More like 75 years. "Trickle-down" theory was first articulated in the early days of the Great Depression. The memory of the common hardships faced by the bulk of Americans in those difficult years often obscures the fact that a tiny minority continued to become very, very rich...
They say it takes a small fortune to make a big one.