Monday, March 13, 2006

Economics 101

Preznit.

By the time he visited India earlier this month, he argued that while American jobs were often lost to outsourcing, "you don't retrench and pull back."

He said he had to convince Americans that "a 300-million-person market of middle-class citizens here in India" would soon be buying American goods.

"If we can make a product they want, then it becomes -- at a reasonable price -- and then all of a sudden, people will be able to have a market here," he said.

Helpful.

But, really, this argument should make his father (the temporal one, not the Big Guy upstairs), who once watched in awe as a clerk ran product over the supermarket scanner, look positively tapped-in to the concerns of the average American by comparison.

There's nothing like telling middle class Americans that, yes, outsoucing threatens to pry their fingers from the rung of the economic ladder they thought they were climbing, but opposing outsourcing will only make their plight worse.

0 Comments:

Post a Comment

<< Home

Weblog Commenting by HaloScan.com Site Meter