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When a person loses their job to outsourcing, they lose their source of income.Now, they don't have any way to buy those widgets that your company saved a ton on , manufacturing them in China.
No income means less income tax paid into the government,ditto on the corporate tax.Federal revenue falls,and everone in business says "hooray." Then Katrina,or an oil spill, or social security happens, and you hear,"where is the federal government?"The government borrows money from the Chinese, to pay the bills,then the uproar begins again.
Consumer spending equals 70% of our economy.Take the money away from the consumer,and you have a recession.The ONLY people who make out by outsourcing ,are the rich.
90% of all the money is made by 5% of the people.
I'm only saying this to make people think,to buy a Camaro you have to have a job and money.So instead of you having vin#00001 ,maybe the worker in Peking will be driving it.
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