Quote Originally Posted by jonquest
People will realize they have to take a pay cut once all the jobs start going overseas. I don't have a problem with them taking the job out of the country at all. Especially when their workers are that overpaid. We can't prop up companies who pay their workers too much, that will just lead to other companies around the world having a huge advantage and eventually they would beat out our companies who have to pay more for labor.
Doesn't you argument here disagree with unions though? We are already experiencing these problems. Cap and trade will do exactly what you are talking about. We shouldn't try and run companies out of the United States, by doing so, we are shipping job's overseas and harming our own economy. Cheap products do us no good if their aren't enough employed people to purchase them.

I'm not suggesting we should prop them up, I'm simply arguing we shouldn't do things to cripple them to the point where the say, "Fuck this we're moving."
JaggedEdge Reviewed by JaggedEdge on . Does raising minimum wage cause inflation? We raise minimum wage in order for people to afford to live, but does raising minimum wage actually encourage inflation? I have yet to come up with a definitive answer to this question. When cost of living increases, people need to make more in order to adjust, but at the same time, when the wages goes up, the cost of living tends to go up with it. Do landlords and the like raise prices because the consumer can afford to pay them again. Basically, we seem to increase minimum wages in Rating: 5