Quote:
Originally Posted by DJ UNKNOWN
Open your eyes, there's plenty of highly skilled and educated people who can't get better jobs! What planet do some of you people live on????
|
I live on a planet that is a global economy where my production will be sold world wide and is competing with other products on the same playing field. I live in a country which is unable to compete on a global scale because labor prices here are too high for companies to make a competitive product on that global market. The reason the educated people you mention cannot find a job is that the people who can produce the product are too expensive here. That, coupled with insane regulations and taxes that are too high, make it impossible to sustain a factory and remain competitive here. This is why Mexico, China, India and Pakistan have become manufacturing centers and our jobs leave these shores. Unions demand more money, labor rates go up...and the jobs leave. Simple as that.
Those that want to blame high paid CEO's need to look at the regulations and costs that are forcing the CEO to look off shore to make his/her products. Their job is to keep the shareholders in the black in any means necessary - if that means traveling to China to visit the production facility, so be it.