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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Originally Posted by Jermyn Davidson
Unions have done a lot of good for the American worker in the past.
The problem with using the law to weaken Unions is that rights and benefits earned and protected by Union members will eventually wane-- creating a situation where Unions would be unable to help workers because of company policies or even the law.
American companies who close down their operations in America to operate in other countries show that their "heart" is not for the people that helped to make them strong in the first place. The American companies that leave America ought not to be able to make a profit off of Americans at all.
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