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<p>[QUOTE="Cloudsweeper99, post: 820595, member: 3011"]Personally, I think it's too late. Sometimes bad things happen even if they aren't in everyone's best interest. It was important to never get into this position, because it is seeming more and more likely that there is no way out.</p><p><br /></p><p>I'll be surprised if things aren't worse by November.</p><p><br /></p><p>Old Ross was correct. Free trade works fine in subsistence level economies. In advanced economies, it is used as cover for implementing a form of monopoly capitalism through the movement of jobs to the lowest cost countries, making that the benchmark for global wages. This is why our more intelligent ancestors put chains on the behavior of large corporations through antitrust and other legislation that was unfortunately repealed.</p><p><br /></p><p>My company recently eliminated several hundred positions, and sent several hundred remaining jobs to India. When the economy improves and the people are hired back, the hiring will be in India, not the US. Multiply this action by thousands of similar situations, and the problem becomes clear.[/QUOTE]</p><p><br /></p>
[QUOTE="Cloudsweeper99, post: 820595, member: 3011"]Personally, I think it's too late. Sometimes bad things happen even if they aren't in everyone's best interest. It was important to never get into this position, because it is seeming more and more likely that there is no way out. I'll be surprised if things aren't worse by November. Old Ross was correct. Free trade works fine in subsistence level economies. In advanced economies, it is used as cover for implementing a form of monopoly capitalism through the movement of jobs to the lowest cost countries, making that the benchmark for global wages. This is why our more intelligent ancestors put chains on the behavior of large corporations through antitrust and other legislation that was unfortunately repealed. My company recently eliminated several hundred positions, and sent several hundred remaining jobs to India. When the economy improves and the people are hired back, the hiring will be in India, not the US. Multiply this action by thousands of similar situations, and the problem becomes clear.[/QUOTE]
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