Quote:
Originally Posted by tv1a
I am in my third career. I lost my first career because of technilogical advances. I lost my second career because of government intrusion which led the company to move operations to the Phillipines. As a small business owner, and a full time employee, I recognize a few things.
Companies are created to make profit. One of the main reasons why jobs go overseas is the pressure put on by investors to increase profit margin. My retirement/401K is tied into companies which maximizes profit. A catch 22.
Many people have their retirement tied into the stock market. If the company under performs people either pull out their money or fire the leadership.
Jobs go overseas as businesses try to crack emerging markets.
Jobs go overseas where the is less government intrusion.
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Corporate expansion is healthy.
Corporations leaving Americans behind when it was Americans that made their corporation great is nothing short of treachery.
If you want to excuse or even justify the lust for money that some CEO's appear to have then go ahead.
If they have no loyalty to their own country, then they shouldn't be able to make money off of the citizenry. Let those who move American manufacturing jobs to India and China sell their goods to the Indians and Chinese.