Sunday, May 13, 2007

lou dobbs and the global economy



Old guy blasting a Christian because the reverend wants a compassionate look at immigration policy. Yeah, let's guard our borders against everyone, let's ignore economics and create subsidies for low-skilled jobs. (Which, by the way, lowers the profit margin, wastes production resources, and ultimately jacks the consumer).

What happened to globalization? global economy? supply and demand? Should we continue to pay mass-producers 10 dollars an hour, reverting the economy back to Fordist, mass production, low dynamic model as well?

My sympathy is with Joe and Diane from Smalltown, NM, but shouldn't we be helping them attain a better job, with job training rather than saving a job that someone else will do for cheaper? Would Dobbs be happier if we "helped" such families socioeconomically by making sure they can keep a bottom-wage job?

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