Cosmo

Cosmo

Lizard wrote:

Cosmo's cool.

I met him once--sure he doesn't remember though!!

...
I remember... at that bar before the Who/Pearl Jam/Foo Fighters gig in Westwood.
Are you going to Stone's show on Saturday?

Commy

sponger wrote:

It's not simply a matter of outsourcing to where it would be cheaper. It's a matter of staying in business. All of these little third would countries that were once agrarian societies began producing with their own industry and contributing goods to the world market.

This puts US companies in a position to have to remain competitive on an export level, and that's why those jobs were being exported.

You're right that those countries need to raise their labor standards, but you act as though it's because of the US that they haven't.

It is because of the US that they haven't. The world economic model produced through 60 years of US military dominance is now being carried on through US economic institutions. Lowest common demoninator type thing. IF a country takes a loan from the IMF they need to lower/raise minimum wage to the standard set by the institution, and end labor organisation completely in many cases. this is benefiting US companies.

Cheap labor, no overtime, no workers comp, no environmental restraints, no unions. They pay the minimum, and anytime someone steps up to ask for more pay they can simply fire them, continuing the cycle of cheap production.

keeponrockin

polaris wrote:

how could i forget!?? ... hockey players and maple syrup!

Poutine.

unsung

I don't think it has been stressed enough.

If someone buys a product made in a foreign country when there is a perfectly good made in the USA version they are directly responsible for the fall of the US economy.

What I have a problem with is the hypocrisy of some here. They sit and bitch and moan about WTO, UN, and all of the other 'world' organizations but will shop at Wal-Mart to save a few bucks. This mess is your fault.

sponger

Commy wrote:

Lowest common demoninator type thing. IF a country takes a loan from the IMF they need to lower/raise minimum wage to the standard set by the institution, and end labor organisation completely in many cases. this is benefiting US companies.

Cheap labor, no overtime, no workers comp, no environmental restraints, no unions. They pay the minimum, and anytime someone steps up to ask for more pay they can simply fire them, continuing the cycle of cheap production.

Which countries did the IMF prevent from organizing labor unions?